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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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US stocks up, ripples across Asia, Europe
July 3rd, 2023 - 12:44 GMT

US stocks up, ripples across Asia, Europe

KIB celebrates its graduating employees at the Institute of Banking Studies’ annual ceremony
July 3rd, 2023 - 10:40 GMT

KIB celebrates its graduating employees at the Institute of Banking Studies’ annual ceremony

KPMG Kuwait concludes ‘Arise’ event; emphasizes the need to see business turnaround and restructuring in positive light
July 3rd, 2023 - 10:34 GMT

KPMG Kuwait concludes ‘Arise’ event; emphasizes the need to see business turnaround and restructuring in positive light

Gold prices in Jordan Today Monday 3 July 2023
July 3rd, 2023 - 06:52 GMT

Gold prices in Jordan Today Monday 3 July 2023

Gold prices in Saudi Today Monday 3 July 2023
July 3rd, 2023 - 06:47 GMT

Gold prices in Saudi Today Monday 3 July 2023

Gold prices in Qatar Today Monday 3 July 2023
July 3rd, 2023 - 06:38 GMT

Gold prices in Qatar Today Monday 3 July 2023

Gold prices in Dubai Today Monday 3 July 2023
July 3rd, 2023 - 06:35 GMT

Gold prices in Dubai Today Monday 3 July 2023

Bitcoin nearly doubles in value in 6 months
July 2nd, 2023 - 11:39 GMT

Bitcoin nearly doubles in value in 6 months

US stocks rally despite fed rates
July 2nd, 2023 - 10:08 GMT

US stocks rally despite fed rates

Gold prices in Amman Today Sunday 2 July 2023
July 2nd, 2023 - 06:12 GMT

Gold prices in Amman Today Sunday 2 July 2023

Gold prices in Saudi Today Sunday 2 July 2023
July 2nd, 2023 - 06:06 GMT

Gold prices in Saudi Today Sunday 2 July 2023

Gold prices in Qatar Today Sunday 2 July 2023
July 2nd, 2023 - 05:53 GMT

Gold prices in Qatar Today Sunday 2 July 2023

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