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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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UN calls for help in rebuilding Derna as costs pile up
September 18th, 2023 - 01:51 GMT

UN calls for help in rebuilding Derna as costs pile up

Stocks worldwide slip ahead of Fed rate decision
September 18th, 2023 - 12:11 GMT

Stocks worldwide slip ahead of Fed rate decision

Al Salam Bank Launches Retail Academy Program for Employees
September 18th, 2023 - 10:30 GMT

Al Salam Bank Launches Retail Academy Program for Employees

Iraq will build a wall on the border with Syria
September 18th, 2023 - 08:37 GMT

Iraq will build a wall on the border with Syria

NBB Hands Over the First Villas within the Suhail Real Estate Project
September 18th, 2023 - 08:34 GMT

NBB Hands Over the First Villas within the Suhail Real Estate Project

Gold prices in Amman Today Monday 18 September 2023
September 18th, 2023 - 07:12 GMT

Gold prices in Amman Today Monday 18 September 2023

Gold prices in Riyadh Today Monday 18 September 2023
September 18th, 2023 - 07:05 GMT

Gold prices in Riyadh Today Monday 18 September 2023

Gold prices in Doha Today Monday 18 September 2023
September 18th, 2023 - 06:58 GMT

Gold prices in Doha Today Monday 18 September 2023

KIB announces winners of the second ‘Surprises for Every Season’ prize draw
September 18th, 2023 - 06:27 GMT

KIB announces winners of the second ‘Surprises for Every Season’ prize draw

Gold prices in Dubai Today Monday 18 September 2023
September 18th, 2023 - 06:25 GMT

Gold prices in Dubai Today Monday 18 September 2023

KIB announces winners of Al Dirwaza account’s eighth draw
September 17th, 2023 - 08:43 GMT

KIB announces winners of Al Dirwaza account’s eighth draw

BisB Signs Memorandum of Understanding with Naseej
September 17th, 2023 - 07:33 GMT

BisB Signs Memorandum of Understanding with Naseej

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