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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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After Moody’s, S&P downgraded multiple US banks
August 22nd, 2023 - 01:54 GMT

After Moody’s, S&P downgraded multiple US banks

US commerce secretary will visit China next week
August 22nd, 2023 - 01:33 GMT

US commerce secretary will visit China next week

BRICS in South Africa discuss expansion, US dollar reliance
August 22nd, 2023 - 12:40 GMT

BRICS in South Africa discuss expansion, US dollar reliance

KIB
August 22nd, 2023 - 09:46 GMT

World Finance grants KIB the “Best Islamic Bank in Kuwait” award

Abu Dhabi Finance Week (ADFW)
August 22nd, 2023 - 08:42 GMT

100 Days To Go: Abu Dhabi Finance Week’s 2023 Edition Expects Leadership of 3500+ Top Financial Firms from Over 100 Countries

Mastercard
August 22nd, 2023 - 08:40 GMT

Mastercard and Checkout.com partner to enable instant wallet top-ups for Careem

Gold rates in Jordan Today Thursday 22 August 2023
August 22nd, 2023 - 07:17 GMT

Gold rates in Jordan Today Thursday 22 August 2023

Gold prices in Riyadh Today Tuesday 22 August 2023
August 22nd, 2023 - 07:09 GMT

Gold prices in Riyadh Today Tuesday 22 August 2023

Gold prices in Doha Today Tuesday 22 August 2023
August 22nd, 2023 - 07:00 GMT

Gold prices in Doha Today Tuesday 22 August 2023

Abu Dhabi National Insurance Company (ADNIC)
August 22nd, 2023 - 06:26 GMT

ADNIC introduces motor insurance solution for renewals using UAE Pass

Gold prices in Dubai Today Tuesday 22 August 2023
August 22nd, 2023 - 06:25 GMT

Gold prices in Dubai Today Tuesday 22 August 2023

UK taxpayers paid hundreds of millions to cover BOE losses
August 21st, 2023 - 01:12 GMT

UK taxpayers paid hundreds of millions to cover BOE losses in July

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