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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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International Day for the Conservation of the Mangrove Ecosystem: Over 4,000 mangrove saplings restored through  Emirates NBD and Mastercard Priceless Planet Coalition
July 27th, 2023 - 10:55 GMT

International Day for the Conservation of the Mangrove Ecosystem: Over 4,000 mangrove saplings restored through Emirates NBD and Mastercard Priceless Planet Coalition

ECB likely to hike Euro interest rate Thursday
July 27th, 2023 - 10:17 GMT

ECB likely to hike Euro interest rate Thursday

Fed hikes US interest rate to highest in 22 years
July 27th, 2023 - 09:41 GMT

Fed hikes US interest rate to highest in 22 years

Shell, TotalEnergies net profits fall on lower oil, gas prices
July 27th, 2023 - 07:32 GMT

Shell, TotalEnergies net profits fall on lower oil, gas prices

Gold rates in Jordan Today Thursday 27 July 2023
July 27th, 2023 - 06:25 GMT

Gold rates in Jordan Today Thursday 27 July 2023

KSA Gold prices Today Thursday 27 July 2023
July 27th, 2023 - 06:12 GMT

KSA Gold prices Today Thursday 27 July 2023

Qatar Gold prices Today Thursday 27 July 2023
July 27th, 2023 - 06:05 GMT

Qatar Gold prices Today Thursday 27 July 2023

UAE Gold prices Today Thursday 27 July 2023
July 27th, 2023 - 05:44 GMT

UAE Gold prices Today Thursday 27 July 2023

Google Cloud, Ads boost Alphabet net profits
July 26th, 2023 - 11:34 GMT

Google Cloud, Ads boost Alphabet net profits

Traders eye commodity currencies on higher US interest rates
July 26th, 2023 - 10:18 GMT

Traders eye commodity currencies on higher US interest rates

KIB continues to support SMEs with Mubader Account, Center and App
July 26th, 2023 - 09:08 GMT

KIB continues to support SMEs with Mubader Account, Center and App

Stocks dip on Fed expectation to up US interest rates
July 26th, 2023 - 09:00 GMT

Stocks dip on Fed expectation to up US interest rates

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