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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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Gold prices in Amman Today Sunday 1 October 2023
October 1st, 2023 - 07:35 GMT

Gold prices in Amman Today Sunday 1 October 2023

KPMG launches global ESG Academy, in collaboration with Microsoft
October 1st, 2023 - 07:03 GMT

KPMG launches global ESG Academy, in collaboration with Microsoft

KIB offers customers exclusive discounts upon signing up on ‘KIB Mobile’ app
October 1st, 2023 - 06:39 GMT

KIB offers customers exclusive discounts upon signing up on ‘KIB Mobile’ app

Hasan A.Hussain Hasan Wins NBB Al Watani Savings Scheme Prize for August
October 1st, 2023 - 05:55 GMT

Hasan A.Hussain Hasan Wins NBB Al Watani Savings Scheme Prize for August

Dubai Islamic Bank, a leading financial institution in the UAE, enters Turkish digital banking and financial technology sector via an equity investment in T.O.M. Group of Companies
September 29th, 2023 - 05:51 GMT

Dubai Islamic Bank, a leading financial institution in the UAE, enters Turkish digital banking and financial technology sector via an equity investment in T.O.M. Group of Companies

UAE-Egyptian currencies
September 28th, 2023 - 05:28 GMT
Mansour Al-Maswari

Egypt-UAE currency swap boosts financial ties

Stocks worldwide down on stronger US dollar, oil prices up
September 28th, 2023 - 11:50 GMT

Stocks worldwide down on stronger US dollar, oil prices up

US Dollar surges on interest rate speculations
September 28th, 2023 - 10:49 GMT

US Dollar surges on interest rate speculations

Gold prices in Amman Today Tuesday 28 September 2023
September 28th, 2023 - 07:14 GMT

Gold prices in Amman Today Tuesday 28 September 2023

Gold prices in Riyadh Today September 28 August 2023
September 28th, 2023 - 06:49 GMT

Gold prices in Riyadh Today 28 September 2023

Gold prices in Doha Today Thursday 28 September 2023
September 28th, 2023 - 06:39 GMT

Gold prices in Doha Today Thursday 28 September 2023

Gold prices in Dubai Today Thursday 28 September 2023
September 28th, 2023 - 06:11 GMT

Gold prices in Dubai Today Thursday 28 September 2023

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