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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 Monday 28 August 2023
August 28th, 2023 - 06:21 GMT

Gold prices in Dubai Today Monday 28 August 2023

Public warning against currency scams in UAE
August 27th, 2023 - 09:46 GMT

Public warning against currency scams in UAE

Businesses in Saudi Arabia to pay due taxes or face major fines
August 27th, 2023 - 09:19 GMT

Businesses in Saudi Arabia to pay due taxes or face major fines

BCFC Receives Mastercard Digital First Program Certificate for Pioneering Secure Digital Payment Solutions
August 27th, 2023 - 06:46 GMT

BCFC Receives Mastercard Digital First Program Certificate for Pioneering Secure Digital Payment Solutions

KIB marks H1’23 with many achievements as part of efforts to elevate its digital infrastructure via electronic channels
August 27th, 2023 - 06:19 GMT

KIB marks H1’23 with many achievements as part of efforts to elevate its digital infrastructure via electronic channels

Gold prices in Amman Today Sunday 27 August 2023
August 27th, 2023 - 06:16 GMT

Gold prices in Amman Today Sunday 27 August 2023

Gold prices in Saudi Today 27 August 2023
August 27th, 2023 - 06:09 GMT

Gold prices in Saudi Today 27 August 2023

Gold prices in Doha Today Sunday 27 August 2023
August 27th, 2023 - 06:04 GMT

Gold prices in Doha Today Sunday 27 August 2023

Gold prices in Dubai Today Sunday 27 August 2023
August 27th, 2023 - 05:56 GMT

Gold prices in Dubai Today Sunday 27 August 2023

Stocks worldwide continue rally on Nvidia forecasts
August 24th, 2023 - 12:50 GMT

Stocks worldwide continue rally on Nvidia forecasts

Qatar invested $1 billion in Ambani’s Reliance
August 24th, 2023 - 12:22 GMT

Qatar invested $1 billion in Ambani’s Reliance

Argentina
August 24th, 2023 - 09:58 GMT

IMF approves $7.5b disbursement to Argentina after program review

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