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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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NBB Supports the Bahrain Red Crescent Society
August 9th, 2023 - 05:01 GMT

NBB Supports the Bahrain Red Crescent Society

China’s economy is tipping into deflation
August 9th, 2023 - 01:54 GMT

China’s economy is tipping into deflation

Gold rates in Jordan Today Wednesday 9 August 2023
August 9th, 2023 - 11:19 GMT

Gold rates in Jordan Today Wednesday 9 August 2023

KIB enables NFC service throughout its widespread ATM network
August 9th, 2023 - 11:06 GMT

KIB enables NFC service throughout its widespread ATM network

Gold rates in Saudi Arabia Today Wednesday 9 August 2023
August 9th, 2023 - 10:59 GMT

Gold rates in Saudi Arabia Today Wednesday 9 August 2023

Gold rates in Qatar Today Wednesday 9 August 2023
August 9th, 2023 - 10:46 GMT

Gold rates in Qatar Today Wednesday 9 August 2023

Gold rates in UAE Today Wednesday 9 August 2023
August 9th, 2023 - 10:32 GMT

Gold rates in UAE Today Wednesday 9 August 2023

Moody's cut credit ratings of several US banks
August 8th, 2023 - 12:09 GMT

Moody's cut credit ratings of several US banks

NBB Signs Memorandum of Understanding with ERA Real Estate
August 8th, 2023 - 10:09 GMT

NBB Signs Memorandum of Understanding with ERA Real Estate

PayPal launches US Dollar-backed stablecoin
August 8th, 2023 - 10:02 GMT

PayPal launches US Dollar-backed stablecoin

Gold rates in Jordan Today Thursday 8 August 2023
August 8th, 2023 - 07:47 GMT

Gold rates in Jordan Today Thursday 8 August 2023

Gold prices in KSA Today Tuesday 8 August 2023
August 8th, 2023 - 07:36 GMT

Gold prices in KSA Today Tuesday 8 August 2023

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