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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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Corporate power in Israel is more closely concentrated than almost anywhere else in the developed world, with the 10 largest groups.
February 14th, 2014 - 08:40 GMT

Restoring the kibbutz mentality? New law poses massive sell-off threat on Israel's business tycoons

Al Bawaba
February 13th, 2014 - 08:50 GMT

Mashreq Private Banking sponsors Art Dubai Modern 2014

Al Bawaba
February 13th, 2014 - 08:31 GMT

Does the Gulf need a plan for its plan? Pensions to reach $5 trillion by 2020

Al Bawaba
February 12th, 2014 - 10:55 GMT

A futuristic leap? Citizens can now pay for all bills online, says Jordanian Central Bank

Al Bawaba
February 12th, 2014 - 09:59 GMT

NBAD runs blood donation campaigns at 6 locations

Al Bawaba
February 12th, 2014 - 08:54 GMT

Emirates Islamic and Dubai Educational Zone sign agreement for mutual cooperation

Al Bawaba
February 11th, 2014 - 04:54 GMT

Swiss secrecy luring more Middle East investors

Egypt's second stimulus released this week will inject $4.87 billion into the economy (File Archive/Shutterstock)
February 11th, 2014 - 01:38 GMT

Deficit and development projects target of Egypt's second stimulus disbursed this week

Al Bawaba
February 11th, 2014 - 09:37 GMT

Sharjah Islamic Bank is silver sponsor of Sharjah Football Club

Al Bawaba
February 11th, 2014 - 07:33 GMT

Mashreq introduces hassle free Personal Loan

Al Bawaba
February 10th, 2014 - 07:24 GMT

Ouch. JP Morgan severs ties with Dubai's largest bank

Al Bawaba
February 10th, 2014 - 01:00 GMT

Jordan's slippery slope or full-out cliff: Is there any hope for solving the Kingom's financial woes?

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