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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 rise on new China stimulus, Fed remarks
August 28th, 2023 - 01:48 GMT

Oil prices rise on new China stimulus, Fed remarks

GCC banks issued more loans despite higher interest rates
August 28th, 2023 - 01:22 GMT

GCC banks issued more loans despite higher interest rates

Egypt stocks index hit record high
August 28th, 2023 - 12:24 GMT

Egypt stocks index hit record high

Saudi Public Investment Fund to sell Ades shares in local IPO
August 28th, 2023 - 12:07 GMT

Saudi Public Investment Fund to sell Ades shares in local IPO

Forest City: Country Garden’s massive Malaysia project on track
August 28th, 2023 - 11:25 GMT

Forest City: Country Garden’s massive Malaysia project on track

EU, Asia markets up on US Fed comments, new China stimulus
August 28th, 2023 - 09:54 GMT

EU, Asia markets up on US Fed comments, new China stimulus

Back-to-School Made Easy this Season with Discounts from Mastercard
August 28th, 2023 - 08:33 GMT

Back-to-School Made Easy this Season with Discounts from Mastercard

ADIB Enhances Mobile App for International Money Transfers as H1 2023 Remittances See 20% Surge
August 28th, 2023 - 08:02 GMT

ADIB Enhances Mobile App for International Money Transfers as H1 2023 Remittances See 20% Surge

Visa and NymCard launch plug & play end-to-end issuance platform to help Fintech swiftly launch payment credentials as part of Visa's Ready To Launch (VRTL) program
August 28th, 2023 - 07:17 GMT

Visa and NymCard launch plug & play end-to-end issuance platform to help Fintech swiftly launch payment credentials as part of Visa's Ready To Launch (VRTL) program

Gold prices in Amman Today Monday 28 August 2023
August 28th, 2023 - 06:42 GMT

Gold prices in Amman Today Monday 28 August 2023

Gold prices in Saudi Today Monday 28 August 2023
August 28th, 2023 - 06:34 GMT

Gold prices in Saudi Today Monday 28 August 2023

Gold prices in Doha Today Monday 28 August 2023
August 28th, 2023 - 06:25 GMT

Gold prices in Doha Today Monday 28 August 2023

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