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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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Saudi Arabia helps cash-trapped Pakistan with $2b deposit
July 11th, 2023 - 01:13 GMT

Saudi Arabia helps cash-trapped Pakistan with $2b deposit

UK unemployment rises amid sticky inflation
July 11th, 2023 - 10:16 GMT

UK unemployment rises amid sticky inflation

Al Salam Bank Plants and Distributes More Than 20,000 Trees Across Bahrain
July 11th, 2023 - 10:12 GMT

Al Salam Bank Plants and Distributes More Than 20,000 Trees Across Bahrain

Oil prices rise on OPEC+ cuts, weaker US dollar
July 11th, 2023 - 09:40 GMT

Oil prices rise on OPEC+ cuts, weaker US dollar

Emirates NBD elevates WhatsApp banking service, offering increased convenience and accessibility to customers
July 11th, 2023 - 08:48 GMT

Emirates NBD elevates WhatsApp banking service, offering increased convenience and accessibility to customers

Bitcoin prices may hit new highs in 2024
July 11th, 2023 - 08:08 GMT

Bitcoin prices may hit new highs in 2024

Gold prices in Amman Today Tuesday 10 July 2023
July 11th, 2023 - 06:09 GMT

Gold prices in Amman Today Tuesday 10 July 2023

Gold prices in KSA Today Tuesday 10 July 2023
July 11th, 2023 - 06:02 GMT

Gold prices in KSA Today Tuesday 10 July 2023

Gold prices in Doha Today Tuesday 10 July 2023
July 11th, 2023 - 05:56 GMT

Gold prices in Doha Today Tuesday 10 July 2023

Gold prices in UAE Today Tuesday 10 July 2023
July 11th, 2023 - 05:49 GMT

Gold prices in UAE Today Tuesday 10 July 2023

Political instability hinders Kuwait investments
July 10th, 2023 - 01:07 GMT

Political instability hinders Kuwait investment

KIB launches ‘Surprises for Every Season’ campaign for bank’s Visa cardholders
July 10th, 2023 - 11:01 GMT

KIB launches ‘Surprises for Every Season’ campaign for bank’s Visa cardholders

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