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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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Emirates NBD takes the lead in the region in offering fractional bonds to individual investors
July 10th, 2023 - 10:56 GMT

Emirates NBD takes the lead in the region in offering fractional bonds to individual investors

Stocks fall on China deflation, US recession risks
July 10th, 2023 - 10:55 GMT

Stocks fall on China deflation, US recession risks

Asia markets down on sluggish China recovery
July 10th, 2023 - 09:33 GMT

Asia markets down on sluggish China recovery

KIB offers exclusive services to Visa Infinite credit cardholders
July 10th, 2023 - 08:38 GMT

KIB offers exclusive services to Visa Infinite credit cardholders

Inflation in Egypt up again, driven by food prices
July 10th, 2023 - 08:03 GMT

Inflation in Egypt up again, driven by food prices

Gold prices in Jordan Today Monday 10 July 2023
July 10th, 2023 - 06:06 GMT

Gold prices in Jordan Today Monday 10 July 2023

Gold prices in Saudi Today Monday 10 July 2023
July 10th, 2023 - 06:00 GMT

Gold prices in Saudi Today Monday 10 July 2023

Gold prices in Qatar Today Monday 10 July 2023
July 10th, 2023 - 05:53 GMT

Gold prices in Qatar Today Monday 10 July 2023

Gold prices in Dubai Today Monday 10 July 2023
July 10th, 2023 - 05:49 GMT

Gold prices in Dubai Today Monday 10 July 2023

Signs show US labor market cooling in June
July 9th, 2023 - 01:35 GMT

Signs show US labor market cooling in June

Markets wary of Bitcoin halving in April
July 9th, 2023 - 12:53 GMT

Markets wary of Bitcoin halving in April

UAE stock markets pay out highest dividends in 14 years
July 9th, 2023 - 10:47 GMT

UAE stock markets pay out highest dividends in 9 years

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