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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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Basic UK wages at record high as unemployment rises
September 12th, 2023 - 01:20 GMT

Basic UK wages at record high as unemployment rises

New KSA fund to fuel Saudi construction boom
September 12th, 2023 - 08:48 GMT

New KSA fund to fuel Saudi construction boom

National Bank of Bahrain
September 12th, 2023 - 07:28 GMT

NBB Concludes 2 nd Edition of ‘EVOLVE’ Summer Internship Programme

Emirates Development Bank
September 12th, 2023 - 07:08 GMT

Emirates Development Bank launches series of forums to foster collaboration, support national economic growth

Investcorp
September 12th, 2023 - 06:49 GMT

Investcorp sells its stake in leading luggage brand, Safari Industries

Gold prices in Amman Today Thursday 12 September 2023
September 12th, 2023 - 06:32 GMT

Gold prices in Amman Today Thursday 12 September 2023

Gold prices in Riyadh Today Tuesday 12 September 2023
September 12th, 2023 - 06:23 GMT

Gold prices in Riyadh Today Tuesday 12 September 2023

Gold prices in Doha Today Tuesday 12 September 2023
September 12th, 2023 - 06:17 GMT

Gold prices in Doha Today Tuesday 12 September 2023

Gold prices in Dubai Today Tuesday 12 September 2023
September 12th, 2023 - 06:09 GMT

Gold prices in Dubai Today Tuesday 12 September 2023

China’s Country Garden faces another debt crisis as cities lift home-purchasing curbs
September 11th, 2023 - 11:55 GMT

China’s Country Garden faces another debt crisis as cities lift home-purchasing curbs

Stocks worldwide mostly up on open as Yen, Yuan gain
September 11th, 2023 - 10:35 GMT

Stocks worldwide mostly up on open as Yen, Yuan gain

Mastercard and Bahrain Institute of Banking and Finance collaborate to boost financial inclusion
September 11th, 2023 - 10:13 GMT

Mastercard and Bahrain Institute of Banking and Finance collaborate to boost financial inclusion

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