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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 Bawaba
January 27th, 2014 - 12:07 GMT

Doha Bank receives ISO20000-2011 certification

Al Bawaba
January 27th, 2014 - 11:18 GMT

NBAD & ETIHAD team up to enhance loyalty programme

Saudi economists said the Kingdom’s strong position would help attract more foreign investors.
January 26th, 2014 - 06:56 GMT

Saudi Arabia might not be women friendly, but it sure is investment friendly

Al Bawaba
January 26th, 2014 - 09:54 GMT

NBAD appoints Managing Director for Global Markets Sales

Al Bawaba
January 26th, 2014 - 06:40 GMT

Emirates Islamic to boost Emiratisation with launch of career development programmes for Emiratis

The fall in the lira seemed to worry investors, who pushed the main stock index Borsa İstanbul (BIST) down 1.8 percent.
January 26th, 2014 - 03:55 GMT

And it's getting worse: Turkish lira hits new low

Al Bawaba
January 26th, 2014 - 03:55 GMT

Jordan's Arab Bank celebrates 43% net profit hike

The Dubai Financial Market index, the best performer among 90 benchmarks tracked globally, jumped 3.57 per cent, or 131.7 points.
January 24th, 2014 - 08:49 GMT

What crisis? Dubai markets at new hit five year high!

Al Bawaba
January 23rd, 2014 - 11:36 GMT

Emirates NBD sponsors Umm Al Quwain Crown Prince Football Tournament 2014

Lebanese authorities say that Syrian refugees have been a huge economic burden in their country (File Archive/AFP)
January 23rd, 2014 - 11:07 GMT

To relieve economic burden of refugee crisis, U.N. is buying Lebanese

The dangers of the growing lack of clear global political leadership at time when global governance is drifting will be a major theme at this year’s Annual Meeting of the World Economic Forum in Davos.
January 22nd, 2014 - 12:07 GMT

Davos' World Economic Forum gathering to focus on global governance

Al Bawaba
January 21st, 2014 - 09:38 GMT

Emirates NBD offers football fans opportunities to win tickets to 2014 FIFA World Cup

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