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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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Gold prices in Dubai Today Sunday 11 June 2023
June 11th, 2023 - 05:46 GMT

Gold prices in Dubai Today Sunday 11 June 2023

Abu Dhabi Securities Exchange and the Luxembourg Stock Exchange sign Memorandum of Understanding
June 9th, 2023 - 09:36 GMT

Abu Dhabi Securities Exchange and the Luxembourg Stock Exchange sign Memorandum of Understanding

NBB Announces Winner of UEFA Champions League Campaign for Mastercard Cardholders
June 8th, 2023 - 07:47 GMT

NBB Announces Winner of UEFA Champions League Campaign for Mastercard Cardholders

Bonds suffer globally as central banks hike interest rates
June 8th, 2023 - 11:39 GMT

Bonds suffer globally as central banks hike interest rates

Oil prices slip, demand concerns outweigh Saudi output cut
June 8th, 2023 - 09:41 GMT

Oil prices slip, demand concerns outweigh Saudi output cut

Gold rates in Jordan Today Thursday 8 June 2023
June 8th, 2023 - 07:22 GMT

Gold rates in Jordan Today Thursday 8 June 2023

KSA Gold prices Today Thursday 8 June 2023
June 8th, 2023 - 07:17 GMT

KSA Gold prices Today Thursday 8 June 2023

Qatar Gold prices Today Thursday 8 June 2023
June 8th, 2023 - 07:13 GMT

Qatar Gold prices Today Thursday 8 June 2023

UAE Gold prices Today Thursday 8 June 2023
June 8th, 2023 - 07:08 GMT

UAE Gold prices Today Thursday 8 June 2023

ZainTech partners with Mastercard to provide unique AI and Machine Learning data solutions to businesses
June 8th, 2023 - 06:39 GMT

ZainTech partners with Mastercard to provide unique AI and Machine Learning data solutions to businesses

World Bank cuts Arab region’s growth forecasts
June 7th, 2023 - 01:30 GMT

World Bank cuts Arab region’s growth forecasts

Oil prices fluctuating heavily since Monday
June 7th, 2023 - 11:06 GMT

Oil prices fluctuating heavily since Monday

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