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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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Bank ABC Group pledges a donation of USD 2 million towards flood relief efforts in Libya
September 17th, 2023 - 06:54 GMT

Bank ABC Group pledges a donation of USD 2 million towards flood relief efforts in Libya

Gold prices in Amman Today Sunday 17 September 2023
September 17th, 2023 - 06:33 GMT

Gold prices in Amman Today Sunday 17 September 2023

Gold prices in Riyadh Today Sunday 17 September 2023
September 17th, 2023 - 06:24 GMT

Gold prices in Riyadh Today Sunday 17 September 2023

Gold prices in Doha Today Sunday 17 September 2023
September 17th, 2023 - 06:14 GMT

Gold prices in Doha Today Sunday 17 September 2023

A Bold Step Forward for Türkiye's Financial Future, PayFix Officially Acquires BankPozitif
September 17th, 2023 - 06:11 GMT

A Bold Step Forward for Türkiye's Financial Future, PayFix Officially Acquires BankPozitif

Gold prices in Dubai Today Sunday 17 September 2023
September 17th, 2023 - 06:08 GMT

Gold prices in Dubai Today Sunday 17 September 2023

ECB hikes Euro interest rate to record high
September 14th, 2023 - 01:36 GMT

ECB hikes Euro interest rate to record high

Dubai apartments soar as luxury properties dip globally
September 14th, 2023 - 12:52 GMT

Dubai apartments soar as luxury properties dip globally

UK housing slump deepens on high interest rates
September 14th, 2023 - 11:22 GMT

UK housing slump deepens on high interest rates

Is Europe also weaning off China-EU trade relations?
September 14th, 2023 - 10:10 GMT

Is Europe also weaning off China-EU trade relations?

Gold prices in Amman Today Tuesday 14 September 2023
September 14th, 2023 - 06:54 GMT

Gold prices in Amman Today Tuesday 14 September 2023

Gold prices in Saudi Arabia Today September 14 August 2023
September 14th, 2023 - 06:47 GMT

Gold prices in Riyadh Today September 14 August 2023

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