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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 16th, 2014 - 06:57 GMT

Abu Dhabi Islamic Bank – Egypt….. a year of achievements remarkable financial and structural results

Out of the 50 per cent of shares owned by non-Jordanians, Azar pointed out that 35 per cent of ASE shares are investments by Arab governments, sovereign and different investment funds and wealthy families.
January 15th, 2014 - 07:31 GMT

Why Jordan has every reason to be optimistic about its stock market in 2013

Ahmed Saad, SIB DCEO mediating the graduates at the ceremony
January 15th, 2014 - 09:27 GMT

Sharjah Islamic Bank appoints new skilled home-grown talents in leadership positions

Egyptian stock markets have been improving since last November (File Archive)
January 14th, 2014 - 01:55 GMT

Egypt stocks reach highest level since 2011 revolution

Jordan's then-Planning Minister Jafar Hassan signed a deal with the Saudi Fund for Development in February 2013 for development-related projects (Courtesy of the Jordan Times)
January 14th, 2014 - 12:59 GMT

Is development funding developing much in Jordan?

The list of individuals and companies published above raises questions that have so far been left unanswered by Egyptian investigators.
January 13th, 2014 - 09:39 GMT

Behind the scenes: an inside look into Egypt's 'mafia fund'

Nimish Dwivedi, Head of Payments, Mashreq
January 13th, 2014 - 12:16 GMT

Spend more with Mashreq Card this DSF and fly for sure

Ahmed Al Marzouqi, General Manager - Retail Distribution, Emirates NBD
January 13th, 2014 - 10:28 GMT

Emirates NBD signs strategic partnership extending support for Maktoum Bin Mohammed Al Maktoum Initiatives for Legal Excellence

The rapid rise in consumer prices for various goods in Jordan, including fuel, electricity and communications prices, is partly behind the rise in inflation rate (File Archive/Shutterstock)
January 13th, 2014 - 08:30 GMT

Behind the $$$ signs: What is causing Jordan's growing inflation?

Faisal Aqil, Deputy CEO, Consumer Wealth Management, Emirates Islamic
January 13th, 2014 - 08:19 GMT

Emirates Islamic encourages customer move to direct banking channels

Christophe Kloeti, the Head of Trade Finance at NBAD in Paris
January 12th, 2014 - 09:40 GMT

NBAD appoints Head of Trade Finance in Paris

Mohammad Ali Saadawi as winner of its fourth Goushan Al Omor Greenland villa
January 12th, 2014 - 08:31 GMT

Jordan Ahli Bank announces Mohammad Ali Saadawi as winner of the Goushan Al Omor Raffle Draw grand prize

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