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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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Sluggish China economy on demand, exports crunch
July 13th, 2023 - 11:59 GMT

Sluggish China economy on demand, exports crunch

US Dollar slips further in Asia, Europe
July 13th, 2023 - 10:42 GMT

US Dollar slips further in Asia, Europe

CrediMax and Mastercard sign strategic partnership agreement to drive digital innovation in Bahrain
July 13th, 2023 - 10:13 GMT

CrediMax and Mastercard sign strategic partnership agreement to drive digital innovation in Bahrain

Shareholders to sell partial McDonads China stakes
July 13th, 2023 - 09:12 GMT

Shareholders to sell partial McDonads China stakes

Bank ABC’s Long-Term Issuer Default Rating at BB+ with a  ‘Stable Outlook’ affirmed by Fitch
July 13th, 2023 - 06:19 GMT

Bank ABC’s Long-Term Issuer Default Rating at BB+ with a ‘Stable Outlook’ affirmed by Fitch

Gold rates in Jordan Today Thursday 13 July 2023
July 13th, 2023 - 06:08 GMT

Gold rates in Jordan Today Thursday 13 July 2023

KSA Gold prices Today Thursday 13 July 2023
July 13th, 2023 - 06:00 GMT

KSA Gold prices Today Thursday 13 July 2023

Qatar Gold prices Today Thursday 13 July 2023
July 13th, 2023 - 05:54 GMT

Qatar Gold prices Today Thursday 13 July 2023

UAE Gold prices Today Thursday 13 July 2023
July 13th, 2023 - 05:46 GMT

UAE Gold prices Today Thursday 13 July 2023

NBB Showcases Longstanding Support for INJAZ Bahrain
July 12th, 2023 - 06:09 GMT

NBB Showcases Longstanding Support for INJAZ Bahrain

Best jobs for millennials in Saudi Arabia and UAE in 2023
July 12th, 2023 - 01:59 GMT

Best jobs for millennials in Saudi Arabia and UAE in 2023

Gold up on weaker dollar, softer yields
July 12th, 2023 - 01:31 GMT

Gold prices rise on weaker dollar, softer yields

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