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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 21st, 2014 - 09:34 GMT

Doha Bank recommends the distribution of 45 per cent of the paid-up capital as a cash dividend to the shareholders for the year 2013

Al Bawaba
January 21st, 2014 - 05:58 GMT

alizz islamic bank announces prelimenary 2013 financial results

The continued political instability makes real economic reform nigh impossible, and in turn the lack of real economic reform will continue to destabilise the political situation
January 21st, 2014 - 03:55 GMT

With the new constitution passed, should you now be investing in Egypt?

The banks say that at foreign institutional investors, especially in Europe, investment committees decide on investments, and that human rights is one of the considerations about an investment in a particular share
January 20th, 2014 - 10:38 GMT

The impending avalanche? More European funds mull boycotting Israel

Egypt has been the biggest beneficiary of the Gulf States’ generosity.
January 19th, 2014 - 10:34 GMT

Recap: How are the Gulf's investments doing in North Africa's Arab Spring economies?

Al Bawaba
January 19th, 2014 - 08:38 GMT

Inspirational running duo Henry Wanyoike and Joseph Kibunja back at the Standard Chartered Dubai Marathon 2014

The 50 percent increase is supposed to in part target elderly pensioners who comprise a significant percentage of the nearly 1.4 million poor families eligible for the new benefits (Courtesy of the Los Angeles Times)
January 19th, 2014 - 08:08 GMT

1.4 million poor pensioners in this Middle East country have something to smile about with new 50 percent increase policy

During the event
January 19th, 2014 - 07:29 GMT

Emirates Islamic wins double recognition at ICT Achievement Awards 2013

Bibi made 16 cuts one after another in the education budget, while calling the education system a 'cow that does not give milk';
January 16th, 2014 - 08:48 GMT

Going stingy on his country: Netanyahu hiding an offshore account for tax evasion purposes

The research team at Lebanon's Byblos Bank reported that many foreign-owned banks feel they can no longer compete with local lenders in the country (Courtesy of the Daily Star)
January 16th, 2014 - 10:10 GMT

Is Lebanon's banking sector shrinking?

Al Bawaba
January 16th, 2014 - 07:53 GMT

Standard Chartered participates in first UAE – UK Pioneers Forum

Look for more high quality businesses preparing for IPO in 2014. (Image credit: Shutterstock)
January 16th, 2014 - 07:23 GMT

Three factors that will drive 2014 IPO activity in the Middle East

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