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Banking and Finance

Banking and Finance latest

Sharjah Islamic Bank Reports Net Profit of AED 381 Million, Up 19.4% in Q1 2026
April 13th, 2026 - 11:44 GMT

Sharjah Islamic Bank Reports Net Profit of AED 381 Million, Up 19.4% in Q1 2026

Sharjah Islamic Bank (SIB) delivered an exceptional financial and operational performance across all business segments during the first quarter of 2026. Net profit after tax reached AED 380.7 million, representing an increase of 19.4% compared to AED 318.9 million for the same period in 2025. Income from investments in Islamic financing and Sukuk grew by AED 131.8 million, or 14.4%, to reach approximately AED 1.05 billion by the end of the first quarter of 2026, compared to AED 914.3 million during the same period in 2025. Meanwhile, total profit distributions ...
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Mixed signals impact U.S. markets: Dow Jones hits 4-Month high
November 29th, 2023 - 09:51 GMT

Mixed signals impact U.S. markets: Dow Jones hits 4-Month high

Cleveland Clinic Abu Dhabi demonstrates strong commitment to sustainability ahead of COP28
November 29th, 2023 - 08:49 GMT

Cleveland Clinic Abu Dhabi demonstrates strong commitment to sustainability ahead of COP28

Gold prices in Riyadh Today Wednesday 29 November 2023
November 29th, 2023 - 07:59 GMT

Gold prices in Riyadh Today Wednesday 29 November 2023

Gold prices in Doha Today Wednesday 29 November 2023
November 29th, 2023 - 07:45 GMT

Gold prices in Doha Today Wednesday 29 November 2023

Gold prices in Dubai Today Wednesday 29 November 2023
November 29th, 2023 - 07:31 GMT

Gold prices in Dubai Today Wednesday 29 November 2023

Stocks worldwide mixed, gold prices near 6-month high
November 28th, 2023 - 12:13 GMT

Stocks worldwide mixed, gold prices near 6-month high

Oil prices up on weaker US dollar, OPEC+ expectations
November 28th, 2023 - 11:01 GMT

Oil prices up on weaker US dollar, OPEC+ expectations

ADIB Leads Discussions on Islamic Finance's Role in Achieving Net Zero and Sustainable Development at COP28
November 28th, 2023 - 09:12 GMT

ADIB Leads Discussions on Islamic Finance's Role in Achieving Net Zero and Sustainable Development at COP28

Emirates NBD extends safe banking collaboration with Dubai Police to launch #IWillSurvive campaign
November 28th, 2023 - 09:08 GMT

Emirates NBD extends safe banking collaboration with Dubai Police to launch #IWillSurvive campaign

Ajman Bank collaborates with Mastercard to introduce cross-border payment services
November 28th, 2023 - 09:02 GMT

Ajman Bank collaborates with Mastercard to introduce cross-border payment services

Gold prices in Amman Today Thursday 28 November 2023
November 28th, 2023 - 08:38 GMT

Gold prices in Amman Today Thursday 28 November 2023

Gold prices in Riyadh Today Tuesday 28 November 2023
November 28th, 2023 - 08:30 GMT

Gold prices in Riyadh Today Tuesday 28 November 2023

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