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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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UK economy stages modest rebound in April
June 14th, 2023 - 12:35 GMT

UK economy stages modest rebound in April

Mastercard Economics Institute Releases Travel Industry Trends 2023
June 14th, 2023 - 10:38 GMT

Mastercard Economics Institute Releases Travel Industry Trends 2023

Burgan Bank Announced Closing of USD 800 Million Unsecured Term Loan Facility
June 14th, 2023 - 10:30 GMT

Burgan Bank Announced Closing of USD 800 Million Unsecured Term Loan Facility

Most expensive house in Dubai for sale
June 14th, 2023 - 10:04 GMT

Most expensive house in Dubai for sale

Gold prices in Jordan Today Wednesday 14 June 223
June 14th, 2023 - 06:36 GMT

Gold prices in Jordan Today Wednesday 14 June 223

Gold rates in Saudi Arabia Today Wednesday 14 June 2023
June 14th, 2023 - 06:29 GMT

Gold rates in Saudi Arabia Today Wednesday 14 June 2023

Gold rates in Qatar Today Wednesday 14 June 2023
June 14th, 2023 - 06:24 GMT

Gold rates in Qatar Today Wednesday 14 June 2023

Gold rates in UAE Today Wednesday 14 June 2023
June 14th, 2023 - 06:02 GMT

Gold rates in UAE Today Wednesday 14 June 2023

KIB provides Eidiya notes at all branches in the lead-up to Eid Al Adha
June 14th, 2023 - 04:29 GMT

KIB provides Eidiya notes at all branches in the lead-up to Eid Al Adha

Stocks up on hopes of US interest rate pause
June 13th, 2023 - 12:08 GMT

Stocks up on hopes of US interest rate pause

China cuts rates, to launch stimulus package
June 13th, 2023 - 10:40 GMT

China cuts rates, to launch stimulus package

Boursa Kuwait organizes ‘Blood Drive’ in collaboration with Kuwait Clearing Company and Kuwait Central Blood Bank
June 13th, 2023 - 10:33 GMT

Boursa Kuwait organizes ‘Blood Drive’ in collaboration with Kuwait Clearing Company and Kuwait Central Blood Bank

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