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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 Doha Today Sunday 24 September 2023
September 24th, 2023 - 06:06 GMT

Gold prices in Doha Today Sunday 24 September 2023

NBB Holds Townhall Meeting and Long Service Awards Ceremony
September 24th, 2023 - 05:58 GMT

NBB Holds Townhall Meeting and Long Service Awards Ceremony

Gold prices in Dubai Today Sunday 24 September 2023
September 24th, 2023 - 05:56 GMT

Gold prices in Dubai Today Sunday 24 September 2023

ADIB successfully completes redemption of its $750 million US dollar denominated tier-one perpetual sukuk issued in 2018
September 22nd, 2023 - 11:27 GMT

ADIB successfully completes redemption of its $750 million US dollar denominated tier-one perpetual sukuk issued in 2018

KIB promotes financial literacy and banking awareness at Ooredoo headquarters
September 21st, 2023 - 08:30 GMT

KIB promotes financial literacy and banking awareness at Ooredoo headquarters

Emirates NBD sets a new standard in mobile banking with the roll out of ENBD X
September 21st, 2023 - 08:15 GMT

Emirates NBD sets a new standard in mobile banking with the roll out of ENBD X

New report by FAB shows the growing role of high-income women in MENA economies
September 21st, 2023 - 06:12 GMT

New report by FAB shows the growing role of high-income women in MENA economies

‘Al Ghalya’ Credit Card Campaign Extended Until the End of the Year
September 21st, 2023 - 05:52 GMT

‘Al Ghalya’ Credit Card Campaign Extended Until the End of the Year

America's Debt
September 20th, 2023 - 05:23 GMT
Osama Ali

America's Debt Nightmare: Trillion-Dollar milestone ignored by treasury secretary

Cleveland Clinic Abu Dhabi reports 20 percent growth in international patient numbers in H1 2023 over H1 2022
September 20th, 2023 - 10:35 GMT

Cleveland Clinic Abu Dhabi reports 20 percent growth in international patient numbers in H1 2023 over H1 2022

Inflation slows in the UK to 6.7% in August below expectations
September 20th, 2023 - 10:22 GMT

Inflation slows in the UK to 6.7% in August below expectations

US markets close with collective losses amid rising treasury yields and federal reserve meeting expectations
September 20th, 2023 - 09:37 GMT

US markets close with collective losses amid rising treasury yields and federal reserve meeting expectations

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