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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 Dubai Today Thursday 7 September 2023
September 7th, 2023 - 06:05 GMT

Gold prices in Dubai Today Thursday 7 September 2023

US interest rates may have curbed economic output globally for the next 10 years
September 6th, 2023 - 01:12 GMT

High US interest rates may curb growth globally for over a decade

ADCB prices USD 650 million green bond to support UAE’s transition to a net zero economy
September 6th, 2023 - 10:39 GMT

ADCB prices USD 650 million green bond to support UAE’s transition to a net zero economy

Mastercard and Fintech Saudi partner to accelerate the digital transformation of the fintech industry in the Kingdom
September 6th, 2023 - 09:28 GMT

Mastercard and Fintech Saudi partner to accelerate the digital transformation of the fintech industry in the Kingdom

Bank of Sharjah Acts as Mandated Lead Arranger  in a USD 500M Financing for The Govt. of Sharjah
September 6th, 2023 - 08:36 GMT

Bank of Sharjah Acts as Mandated Lead Arranger in a USD 500M Financing for The Govt. of Sharjah

Emirates NBD Launches Sustainable Finance Framework
September 6th, 2023 - 07:57 GMT

Emirates NBD Launches Sustainable Finance Framework

NBB Sponsors and Participates in First Global Water, Energy and Climate Change Congress
September 6th, 2023 - 06:34 GMT

NBB Sponsors and Participates in First Global Water, Energy and Climate Change Congress

Gold rates in Saudi Arabia Today Wednesday 6 September 2023
September 6th, 2023 - 06:26 GMT

Gold rates in Saudi Arabia Today Wednesday 6 September 2023

Gold rates in Jordan Today Wednesday 6 September 2023
September 6th, 2023 - 06:14 GMT

Gold rates in Jordan Today Wednesday 6 September 2023

Gold prices in Doha Today Wednesday 6 September 2023
September 6th, 2023 - 06:06 GMT

Gold prices in Doha Today Wednesday 6 September 2023

Gold prices in Dubai Today Wednesday 6 September 2023
September 6th, 2023 - 05:55 GMT

Gold prices in Dubai Today Wednesday 6 September 2023

Stocks worldwide slip on still-weak China data
September 5th, 2023 - 01:40 GMT

Stocks worldwide slip on still-weak China data

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