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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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David Bloom, HSBC’s Global Head of Foreign Exchange Strategy
December 11th, 2013 - 08:01 GMT

HSBC’s economists present 2014 global and regional economic trends to more than 100 clients

Year-on-year, the sector’s debt to the domestic banking sector shrank by 19 per cent.
December 11th, 2013 - 03:55 GMT

Mashallah! Kuwait's credit hits 5-year high

During the event
December 10th, 2013 - 08:11 GMT

Al Hilal Bank takes part in Emirates Environmental Group’s ‘Clean Up UAE’ drive with Abu Dhabi Municipality

CIMA
December 10th, 2013 - 07:39 GMT

CIMA Salary Survey 2013 reveals rising earning potential for Management Accountants in the UAE

Saudi Arabia is the largest shareholder of the 56-member Islamic Development Bank which provides members with funding for development projects (File Archive)
December 10th, 2013 - 06:55 GMT

Saudi sizes up Islamic Development Bank share, increases holding to $6.85 billion

In the Middle East, Julius Baer has offices in Abu Dhabi, Beirut, Cairo, Dubai, Istanbul and Manama (Courtesy of Bloomberg)
December 10th, 2013 - 06:36 GMT

Bye bye Merrill Lynch! Julius Baer moves in to Middle East wealth management hot seat

Al Bawaba
December 10th, 2013 - 05:47 GMT

National Bank of Fujairah reaffirms support for UAE’s Nationalisation agenda with ongoing Management Trainee Programme

Al Bawaba
December 9th, 2013 - 10:04 GMT

Emirates NBD wins double recognition at Effie MENA Awards 2013

The fast-rising money supply and paper money circulation in Jordan may be one reason that inflation is on the rise in the country (Courtesy of Jordan Times)
December 9th, 2013 - 07:06 GMT

Why is Jordan's inflation so high? These reasons may surprise you....

The Central Bank of Egypt returned aid to Qatar in December and November, which may be partly accountable for the drop in foreign reserves over the past three months (Courtesy of Gulf Business)
December 9th, 2013 - 05:54 GMT

Three times is not always a charm: Egypt's foreign reserves dip for third month

As a region, we do need public education initiatives to address the need for citizens to save both for now and for the long term, which will provide future generations with firm guidance.
December 8th, 2013 - 05:24 GMT

The Middle East's lack of savings: a ticking time bomb?

Emirates Islamic Child Savings Account
December 8th, 2013 - 08:23 GMT

Emirates Islamic launches Child Savings Account

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