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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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Oil prices slip on disappointing China data
September 5th, 2023 - 11:34 GMT

Oil prices slip on disappointing China data

China’s Country Garden narrowly avoids default
September 5th, 2023 - 10:24 GMT

China’s Country Garden narrowly avoids default

KIB successfully concludes summer camp for its employees’ children and relatives
September 5th, 2023 - 07:57 GMT

KIB successfully concludes summer camp for its employees’ children and relatives

Mastercard and the World Food Programme provide 1 million school meals to children in Jordan as customers shopped on Amazon in the UAE and Egypt
September 5th, 2023 - 07:47 GMT

Mastercard and the World Food Programme provide 1 million school meals to children in Jordan as customers shopped on Amazon in the UAE and Egypt

Gold prices in Amman Today Tuesday 5 September 2023
September 5th, 2023 - 06:42 GMT

Gold prices in Amman Today Tuesday 5 September 2023

Gold prices in Saudi Today Tuesday 5 September 2023
September 5th, 2023 - 06:21 GMT

Gold prices in Saudi Today Tuesday 5 September 2023

Gold prices in Doha Today Tuesday 5 September 2023
September 5th, 2023 - 06:15 GMT

Gold prices in Doha Today Tuesday 5 September 2023

Gold prices in Dubai Today Tuesday 5 September 2023
September 5th, 2023 - 05:59 GMT

Gold prices in Dubai Today Tuesday 5 September 2023

Emirates NBD makes a strategic equity investment in Komgo through its Innovation Fund
September 4th, 2023 - 07:17 GMT

Emirates NBD makes a strategic equity investment in Komgo through its Innovation Fund

Gold
September 4th, 2023 - 06:08 GMT

Gold rates in Jordan Today Monday 4 September 2023

Gold
September 4th, 2023 - 05:59 GMT

Gold prices in Saudi Arabia Today 4 September 2023

Gold
September 4th, 2023 - 05:47 GMT

Gold prices in Doha Today Monday 4 September 2023

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