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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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Gold prices in Doha Today Thursday 26 October 2023
October 26th, 2023 - 06:50 GMT

Gold prices in Doha Today Thursday 26 October 2023

Gold prices in Dubai Today Thursday 26 October 2023
October 26th, 2023 - 06:41 GMT

Gold prices in Dubai Today Thursday 26 October 2023

Al Salam Bank Revolutionizes Micro, Small, and Medium-Sized Enterprise Banking
October 26th, 2023 - 06:01 GMT

Al Salam Bank Revolutionizes Micro, Small, and Medium-Sized Enterprise Banking

Stocks worldwide mixed as gold prices edge higher
October 25th, 2023 - 12:23 GMT

Stocks worldwide mixed as gold prices edge higher

Oil prices fall, US dollar index up on easing fears of genocide in Gaza spiralling into full-blown war
October 25th, 2023 - 11:07 GMT

Oil prices fall, US dollar index up on easing fears of genocide in Gaza spiralling into full-blown war

Strategic initiative to raise the profile of the Kuwaiti capital market to the international investment community
October 25th, 2023 - 10:44 GMT

Strategic initiative to raise the profile of the Kuwaiti capital market to the international investment community

On top of billions in damages, S&P Global cut Israeli credit rating on risks of genocide in Israeli onslaught on Gaza
October 25th, 2023 - 10:08 GMT

On top of billions in damages, S&P Global cut Israeli credit rating amid onslaught on Gaza

Xi pushes new stimuli to boost China’s sluggish economic recovery
October 25th, 2023 - 08:45 GMT

Xi pushes new stimuli to boost China’s sluggish economic recovery

Sharjah Islamic Bank completes integrated connectivity through Buna Platform
October 25th, 2023 - 08:00 GMT

Sharjah Islamic Bank completes integrated connectivity through Buna Platform

Burgan Bank Sponsors Kuwait Women's Football League for the 2023 Season
October 25th, 2023 - 07:38 GMT

Burgan Bank Sponsors Kuwait Women's Football League for the 2023 Season

Gold prices in Amman Today Wednesday 25 October 2023
October 25th, 2023 - 07:21 GMT

Gold prices in Amman Today Wednesday 25 October 2023

Gold prices in Riyadh Today Wednesday 25 October 2023
October 25th, 2023 - 06:46 GMT

Gold prices in Riyadh Today Wednesday 25 October 2023

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