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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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Al Salam Bank Announces Financial Results for the First Half Ended 30 June 2023
August 11th, 2023 - 08:05 GMT

Al Salam Bank Announces Financial Results for the First Half Ended 30 June 2023

UAE stock markets
August 10th, 2023 - 03:52 GMT
Mansour Al-Maswari

UAE stock markets slide on global economic concerns and oil price instability

US consumer price inflation sped up slightly in July
August 10th, 2023 - 01:54 GMT

US consumer price inflation sped up slightly in July

Moody’s may upgrade Turkey’s credit rating
August 10th, 2023 - 01:34 GMT

Moody’s may upgrade Turkey’s credit rating

China-US tech war escalates as Beijing vows to protect interests
August 10th, 2023 - 11:41 GMT

China-US tech war escalates as Beijing vows to protect interests

RJ may go bankrupt as losses exceed capital
August 10th, 2023 - 10:52 GMT

RJ may go bankrupt as losses exceed capital

Disney, reports mixed results for Q3 amid streaming challenges
August 10th, 2023 - 10:47 GMT

Why did Disney report mixed results for Q3?

ADIB achieves strong growth with over £100m in UK Commercial Real Estate financing in the First Half of the Year
August 10th, 2023 - 09:52 GMT

ADIB achieves strong growth with over £100m in UK Commercial Real Estate financing in the First Half of the Year

Gold rates in Jordan Today Thursday 10 August 2023
August 10th, 2023 - 08:34 GMT

Gold rates in Jordan Today Thursday 10 August 2023

KSA Gold prices Today Thursday 10 August 2023
August 10th, 2023 - 08:21 GMT

KSA Gold prices Today Thursday 10 August 2023

Qatar Gold prices Today Thursday 10 August 2023
August 10th, 2023 - 07:49 GMT

Qatar Gold prices Today Thursday 10 August 2023

UAE Gold prices Today Thursday 10 August 2023
August 10th, 2023 - 07:42 GMT

UAE Gold prices Today Thursday 10 August 2023

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