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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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Democrats unleash anti-Trump candidate Young RFK
July 19th, 2023 - 11:15 GMT

Democrats unleash anti-Trump candidate Young RFK

NBB collaborates with Gulf Hotel to offer a 15% discount for NBB Cardholders
July 19th, 2023 - 10:52 GMT

NBB collaborates with Gulf Hotel to offer a 15% discount for NBB Cardholders

ADIB's Ongoing ESG Efforts Recognized as Sustainalytics Upgrades Bank's ESG Risk Score
July 19th, 2023 - 08:51 GMT

ADIB's Ongoing ESG Efforts Recognized as Sustainalytics Upgrades Bank's ESG Risk Score

KIB spreads financial literacy and banking awareness across the segments of society at Al Kout Mall
July 19th, 2023 - 07:46 GMT

KIB spreads financial literacy and banking awareness across the segments of society at Al Kout Mall

Gold rates in Jordan Today Wednesday 19 July 2023
July 19th, 2023 - 06:11 GMT

Gold rates in Jordan Today Wednesday 19 July 2023

Gold rates in Saudi Arabia Today Wednesday 19 July 2023
July 19th, 2023 - 06:06 GMT

Gold rates in Saudi Arabia Today Wednesday 19 July 2023

Gold rates in Qatar Today Wednesday 19 July 2023
July 19th, 2023 - 06:00 GMT

Gold rates in Qatar Today Wednesday 19 July 2023

Gold rates in UAE Today Wednesday 19 July 2023
July 19th, 2023 - 05:46 GMT

Gold rates in UAE Today Wednesday 19 July 2023

Oil prices up on hopes of lower US stockpile data
July 18th, 2023 - 12:11 GMT

Oil prices up on hopes of lower US stockpile data

U.S. stock indexes close with collective gains fueled by bank and technology stocks, investors optimistic about Q2 2023 earnings
July 18th, 2023 - 10:29 GMT

US stock indexes close with collective gains

WB Chief at G20 India warns of Greater rich-poor divide, distrust in Global North
July 18th, 2023 - 09:32 GMT

WB Chief at G20 India warns of Greater rich-poor divide, distrust in Global North

KIB to be closed during Islamic New Year (1445H) holiday, providing services through digital platforms
July 18th, 2023 - 07:07 GMT

KIB to be closed during Islamic New Year (1445H) holiday, providing services through digital platforms

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