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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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Gold prices in Dubai Today Sunday 2 July 2023
July 2nd, 2023 - 05:50 GMT

Gold prices in Dubai Today Sunday 2 July 2023

$3 Billion Stand-by Arrangement Reached with Words of Gratitude
June 30th, 2023 - 12:25 GMT
Osama Ali

Game-Changing deal: Pakistan secures $3 Billion IMF lifeline

ALBAWABA – The new plastic issue of Egypt’s 20-pound bill sporting an LGBTQ+ rainbow-similar design has sparked controversy among Egyptians and activists on social media since it was issued last week.
June 29th, 2023 - 10:12 GMT

Is Egypt’s new 20-pound bill sporting an LGBTQ+ rainbow

US stocks fall on Russian mutiny, economy concerns
June 27th, 2023 - 10:10 GMT

US stocks fall on Russian mutiny, economy concerns

Gold rates in Jordan Today Thursday 27 June 2023
June 27th, 2023 - 05:38 GMT

Gold rates in Jordan Today Thursday 27 June 2023

Gold prices in KSA Today Tuesday 27 June 2023
June 27th, 2023 - 05:33 GMT

Gold prices in KSA Today Tuesday 27 June 2023

Gold prices in Doha Today Tuesday 27 June 2023
June 27th, 2023 - 05:28 GMT

Gold prices in Doha Today Tuesday 27 June 2023

Gold prices in UAE Today Tuesday 27 June 2023
June 27th, 2023 - 05:21 GMT

Gold prices in UAE Today Tuesday 27 June 2023

Binance Dubai, Coinbase eye UAE as next major crypto hub
June 26th, 2023 - 12:48 GMT

Binance Dubai, Coinbase eye UAE as next major crypto hub

China markets down, demand declining
June 26th, 2023 - 11:33 GMT

China markets down, demand declining

Stocks fell, gold up on Russia's aborted Wagner mutiny
June 26th, 2023 - 10:42 GMT

Global stocks down, gold up on aborted Wagner mutiny

Muscat stock exchange receives liquidity fund of $259.9m
June 26th, 2023 - 08:32 GMT

Muscat stock exchange receives liquidity fund of $259.9m

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