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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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Egypt's primary surplus at 1.2% of GDP – minister
June 18th, 2023 - 11:56 GMT

Egypt's primary surplus at 1.2% of GDP – minister

Saudi-French meeting ahead of investment forum
June 18th, 2023 - 10:29 GMT

Saudi-French meeting ahead of investment forum

Mastercard partners with Bankiom to issue virtual prepaid cards across GCC region
June 18th, 2023 - 09:27 GMT

Mastercard partners with Bankiom to issue virtual prepaid cards across GCC region

Wall Street gains surpass over a year of losses
June 18th, 2023 - 08:18 GMT

Wall Street gains surpass over a year of losses

Al Salam Bank Launches Summer Visa Credit and Multi-Currency Prepaid Cards Campaign
June 18th, 2023 - 07:07 GMT

Al Salam Bank Launches Summer Visa Credit and Multi-Currency Prepaid Cards Campaign

Gold prices in Amman Today Sunday 18 June 2023
June 18th, 2023 - 06:33 GMT

Gold prices in Amman Today Sunday 18 June 2023

Gold prices in Saudi Today Sunday 18 June 2023
June 18th, 2023 - 06:29 GMT

Gold prices in Saudi Today Sunday 18 June 2023

Gold prices in Qatar Today Sunday 18 June 2023
June 18th, 2023 - 06:24 GMT

Gold prices in Qatar Today Sunday 18 June 2023

Gold prices in Dubai Today Sunday 18 June 2023
June 18th, 2023 - 06:15 GMT

Gold prices in Dubai Today Sunday 18 June 2023

Boursa Kuwait, GCC stock exchanges join forces with HSBC to present investment opportunities in Kuwait and the GCC capital markets to international investors
June 18th, 2023 - 05:10 GMT

Boursa Kuwait, GCC stock exchanges join forces with HSBC to present investment opportunities in Kuwait and the GCC capital markets to international investors

Retirement in UAE: A 7-step guide
June 17th, 2023 - 01:48 GMT

Retirement in UAE: A 7-step guide

ADIB Introduces Cashback Covered Card
June 16th, 2023 - 08:39 GMT

ADIB Introduces Cashback Covered Card

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