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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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Mastercard launches global project to recycle credit and debit cards
June 22nd, 2023 - 07:46 GMT

Mastercard to recycle credit and debit cards

UAE Gold prices Today Thursday 22 June 2023
June 22nd, 2023 - 07:41 GMT

UAE Gold prices Today Thursday 22 June 2023

Al Salam Bank Sponsors the New INJAZ Bahrain Academy
June 22nd, 2023 - 05:34 GMT

Al Salam Bank Sponsors the New INJAZ Bahrain Academy

World Debt and the Poorest Nations
June 21st, 2023 - 01:48 GMT

World Debt and the Poorest Nations

UK interest rate may hit decades-high by end of 2023
June 21st, 2023 - 01:03 GMT

UK interest rate may hit decades-high by end of 2023

UK debt exceeds 100% of GDP
June 21st, 2023 - 11:57 GMT

UK debt exceeds 100% of GDP

UK Inflation still unexpectedly high in May
June 21st, 2023 - 07:19 GMT

UK inflation still unexpectedly high in May

Gold prices in Jordan Today Wednesday 21 June 2023
June 21st, 2023 - 06:13 GMT

Gold prices in Jordan Today Wednesday 21 June 2023

Emirates Development Bank launches UAE's First-of-its-Kind AgriTech Loans Program; Reveals AED 100 million Financing Support for the UAE’s Food Security Sector
June 21st, 2023 - 06:06 GMT

Emirates Development Bank launches UAE's First-of-its-Kind AgriTech Loans Program; Reveals AED 100 million Financing Support for the UAE’s Food Security Sector

Gold rates in Saudi Arabia Today Wednesday 21 June 2023
June 21st, 2023 - 06:05 GMT

Gold rates in Saudi Arabia Today Wednesday 21 June 2023

Gold rates in Qatar Today Wednesday 21 June 2023
June 21st, 2023 - 05:58 GMT

Gold rates in Qatar Today Wednesday 21 June 2023

Gold rates in UAE Today Wednesday 21 June 2023
June 21st, 2023 - 05:53 GMT

Gold rates in UAE Today Wednesday 21 June 2023

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