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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 Continues to Support the Smile Initiative
July 23rd, 2023 - 07:09 GMT

NBB Continues to Support the Smile Initiative

KIB launches its new real estate digital platform ‘KIB Aqari’ with distinct features
July 23rd, 2023 - 03:44 GMT

KIB launches its new real estate digital platform ‘KIB Aqari’ with distinct features

Tides of corporate defaults slowly rising - Report
July 22nd, 2023 - 12:12 GMT

Tides of corporate debt slowly rising - Report

Tips for Traders: Topics to keep an eye out for
July 21st, 2023 - 12:12 GMT

Tips for Traders: Topics to keep an eye out for

ADCB reports record half-year net profit of  Dh3.811 bn, up 25%, and Q2 net profit  of AED 1.932 bn, up 23%
July 21st, 2023 - 08:19 GMT

ADCB reports record half-year net profit of Dh3.811 bn, up 25%, and Q2 net profit of AED 1.932 bn, up 23%

China is selling US dollars to bolster Yuan
July 20th, 2023 - 11:43 GMT

China is selling US dollars to bolster Yuan

Three months in: Billions lost in Sudan War
July 20th, 2023 - 09:44 GMT

Three months in: Billions lost in Sudan War

Gold rates in Jordan Today Thursday 20 July 2023
July 20th, 2023 - 06:04 GMT

Gold rates in Jordan Today Thursday 20 July 2023

KSA Gold prices Today Thursday 20 July 2023
July 20th, 2023 - 05:58 GMT

KSA Gold prices Today Thursday 20 July 2023

Qatar Gold prices Today Thursday 20 July 2023
July 20th, 2023 - 05:51 GMT

Qatar Gold prices Today Thursday 20 July 2023

UAE Gold prices Today Thursday 20 July 2023
July 20th, 2023 - 05:40 GMT

UAE Gold prices Today Thursday 20 July 2023

Young RFK to back dollar with Bitcoin if elected
July 19th, 2023 - 12:09 GMT

Young RFK to back dollar with Bitcoin if elected

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