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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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Fed likely to hike US interest rates in July meeting
July 12th, 2023 - 12:37 GMT

Fed likely to hike US interest rates in July meeting

Markets up on mixed bag of stocks
July 12th, 2023 - 11:18 GMT

Markets up on mixed bag of stocks

Cleveland Clinic Abu Dhabi’s Bariatric Surgery Program treats over 3,200 patients with complex chronic conditions
July 12th, 2023 - 09:10 GMT

Cleveland Clinic Abu Dhabi’s Bariatric Surgery Program treats over 3,200 patients with complex chronic conditions

Gulf International Bank Partners with COP 28 World Climate Summit in Dubai
July 12th, 2023 - 07:09 GMT

Gulf International Bank Partners with COP 28 World Climate Summit in Dubai

Gold prices in Jordan Today Wednesday 12 July 2023
July 12th, 2023 - 06:14 GMT

Gold prices in Jordan Today Wednesday 12 July 2023

Gold rates in Saudi Arabia Today Wednesday 12 July 2023
July 12th, 2023 - 06:05 GMT

Gold rates in Saudi Arabia Today Wednesday 12 July 2023

Gold rates in Qatar Today Wednesday 12 July 2023
July 12th, 2023 - 05:59 GMT

Gold rates in Qatar Today Wednesday 12 July 2023

Gold rates in UAE Today Wednesday 12 July 2023
July 12th, 2023 - 05:47 GMT

Gold rates in UAE Today Wednesday 12 July 2023

Burgan Bank Announces the Names of the Monthly Draw Winners of Kanz Account
July 12th, 2023 - 04:37 GMT

Burgan Bank Announces the Names of the Monthly Draw Winners of Kanz Account

KPMG in Bahrain welcomes 25 new interns as part of Hussain Kasim Professional Internship program
July 11th, 2023 - 08:53 GMT

KPMG in Bahrain welcomes 25 new interns as part of Hussain Kasim Professional Internship program

Bank ABC’s Global Internship Programme Develops Next Generation of Bankers
July 11th, 2023 - 06:25 GMT

Bank ABC’s Global Internship Programme Develops Next Generation of Bankers

China stocks up on real estate stimulus
July 11th, 2023 - 01:59 GMT

China stocks up on real estate stimulus

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