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Banking and Finance

Banking and Finance latest

Sharjah Islamic Bank Achieves Net Profit of AED 1.3 Billion for the year 2025 with 26% Growth and Proposes 20% Higher Cash Dividends and Capital Increase
January 23rd, 2026 - 10:19 GMT

Sharjah Islamic Bank Achieves Net Profit of AED 1.3 Billion for the year 2025 with 26% Growth and Proposes 20% Higher Cash Dividends and Capital Increase

Sharjah Islamic Bank delivered a strong financial and operational performance during 2025, supported by balanced growth across its core activities. Net profit after tax reached AED 1.32 billion, representing an increase of 26% compared to AED 1.05 billion recorded in 2024. Income from Islamic financing investments and sukuk increased by AED 175.0 million, representing a growth rate of 4.7%, reaching approximately AED 3.9 billion in 2025, compared to AED 3.7 billion in the previous year. Meanwhile, distributions to depositors and sukuk holders amounted to AED 2.3 billion, compared to AED ...
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The QE index is approaching major psychological resistance at 10,000 points
July 25th, 2013 - 11:55 GMT

Qatar stocks hit 58-month high

Al Bawaba
July 24th, 2013 - 08:45 GMT

NBAD appoints Head of Financial Markets in Europe

The UAE stock markets have been among the best performing in the world
July 24th, 2013 - 08:03 GMT

UAE banks on a healthy economy, according to financial services reading

Al Bawaba
July 24th, 2013 - 07:30 GMT

Emirates Islamic Bank appoints Yakub Bobat as Head of Corporate Banking

UAE Central Bank had approved the issue more denominations of coins to meet demand
July 23rd, 2013 - 11:55 GMT

UAE short-changed? Coins shortage forces Emiratis to dig deeper in their pockets

During the event
July 23rd, 2013 - 10:26 GMT

Emirates NBD contributes AED 2 million to the ‘Dress One Million Children’ campaign

Al Bawaba
July 23rd, 2013 - 10:16 GMT

Gulf Bank posts net profit for the first half year 2013 of KD 14.3 million

Nimish Dwivedi, Head of Payments - Mashreq Bank
July 23rd, 2013 - 09:03 GMT

Mashreq launches first of its kind campaign for card members travelling internationally

Iraq’s banking sector is no mean feat
July 22nd, 2013 - 02:55 GMT

Global banks covet Iraq, but doubts hang over the country's sector

The World Bank said it is fully in compliance with international and U.N. sanctions against Iran
July 22nd, 2013 - 08:55 GMT

Iran answers back: blames sanctions and denies missing loan payments

The World Bank said it is fully in compliance with international and U.N. sanctions against Iran
July 22nd, 2013 - 08:55 GMT

Iran denies missing World Bank payments, blames sanctions

Al Bawaba
July 22nd, 2013 - 08:14 GMT

Standard Chartered renew sponsorship with the Reds

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