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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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Mastercard SME Confidence Index:  80% of UAE SMEs project similar or increased revenue in 2023
September 26th, 2023 - 09:08 GMT

Mastercard SME Confidence Index: 80% of UAE SMEs project similar or increased revenue in 2023

Gold prices in Amman Today Tuesday 26 September 2023
September 26th, 2023 - 08:08 GMT

Gold prices in Amman Today Tuesday 26 September 2023

Gold prices in Riyadh Today Tuesday 26 September 2023
September 26th, 2023 - 07:36 GMT

Gold prices in Riyadh Today Tuesday 26 September 2023

Gold prices in Doha Today Tuesday 26 September 2023
September 26th, 2023 - 07:18 GMT

Gold prices in Doha Today Tuesday 26 September 2023

Gold prices in Dubai Today Tuesday 26 September 2023
September 26th, 2023 - 07:07 GMT

Gold prices in Dubai Today Tuesday 26 September 2023

Mastercard SME Confidence Index: 72% of SMEs in MENA project similar or increased revenue in 2023
September 26th, 2023 - 06:28 GMT

Mastercard SME Confidence Index: 72% of SMEs in MENA project similar or increased revenue in 2023

Bank ABC goes live with instant blockchain payments for institutions with J.P. Morgan’s Coin Systems in partnership with the CBB
September 26th, 2023 - 05:55 GMT

Bank ABC goes live with instant blockchain payments for institutions with J.P. Morgan’s Coin Systems in partnership with the CBB

Starting 2024: All dealings restricted to local currency in Iraq
September 25th, 2023 - 11:23 GMT

Starting 2024: All dealings restricted to local currency in Iraq

Time ticking on deadline to avert US government shutdown
September 25th, 2023 - 09:09 GMT

Time ticking on deadline to avert US government shutdown

NBB Continues its Support for the Smile Initiative
September 25th, 2023 - 08:04 GMT

NBB Continues its Support for the Smile Initiative

Gold prices in Amman Today Monday 25 September 2023
September 25th, 2023 - 06:52 GMT

Gold prices in Amman Today Monday 25 September 2023

Dubai Islamic Bank announces One Tree for Everyone
September 25th, 2023 - 06:46 GMT

Dubai Islamic Bank announces One Tree for Everyone

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