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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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Al Salam Bank Launches New ID Card ATM Service
June 26th, 2023 - 08:21 GMT

Al Salam Bank Launches New ID Card ATM Service

Gold prices in Jordan Today Monday 26 June 223
June 26th, 2023 - 06:29 GMT

Gold prices in Jordan Today Monday 26 June 223

Gold prices in Saudi Today Monday 26 June 2023
June 26th, 2023 - 05:56 GMT

Gold prices in Saudi Today Monday 26 June 2023

Gold prices in Qatar Today Monday 26 June 2023
June 26th, 2023 - 05:42 GMT

Gold prices in Qatar Today Monday 26 June 2023

Gold prices in Dubai Today Monday 26 June 2023
June 26th, 2023 - 05:34 GMT

Gold prices in Dubai Today Monday 26 June 2023

Iraq paid oil debt to Iran
June 25th, 2023 - 01:22 GMT

Iraq paid oil debt to Iran

US recession still possible
June 25th, 2023 - 12:11 GMT

US recession still possible

Bank stocks suffer worst week since May
June 25th, 2023 - 11:13 GMT

US Bank stocks suffer worst week since May

US inflation still high, despite weaker jobs market
June 25th, 2023 - 09:54 GMT

US inflation still high, despite weaker jobs market

Turkey central bank lowers maintenance ratio
June 25th, 2023 - 08:44 GMT

Turkey central bank lowers maintenance ratio

Emirates Development Bank Receives Bronze Award for 'Best Expression of a Brand on Social Media' at Transform Awards MEA 2023
June 25th, 2023 - 07:56 GMT

Emirates Development Bank Receives Bronze Award for 'Best Expression of a Brand on Social Media' at Transform Awards MEA 2023

Gold prices in Amman
June 25th, 2023 - 06:47 GMT

Gold prices in Amman Today Sunday 25 June 2023

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