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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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Turkish Lira slipping as new gov’t loosens grip
June 7th, 2023 - 10:35 GMT

Turkish Lira slipping as new gov’t loosens grip

Burgan Bank Sponsors the 4th Edition of Al Ahmadi’s Blood Donation Campaign
June 7th, 2023 - 10:21 GMT

Burgan Bank Sponsors the 4th Edition of Al Ahmadi’s Blood Donation Campaign

Emirates Islamic and Arab payment system Buna partner to facilitate payments and transfers within the Arab region
June 7th, 2023 - 10:13 GMT

Emirates Islamic and Arab payment system Buna partner to facilitate payments and transfers within the Arab region

KIB rewards Black segment customers with special offers and discounts at Grand Hyatt Kuwait and Hyatt Regency
June 7th, 2023 - 08:54 GMT

KIB rewards Black segment customers with special offers and discounts at Grand Hyatt Kuwait and Hyatt Regency

Gold rates in Jordan Today Wednesday 7 June 2023
June 7th, 2023 - 06:09 GMT

Gold rates in Jordan Today Wednesday 7 June 2023

Gold rates in Saudi Arabia Today Wednesday 7 June 2023
June 7th, 2023 - 06:02 GMT

Gold rates in Saudi Arabia Today Wednesday 7 June 2023

Gold rates in Qatar Today Wednesday 7 June 2023
June 7th, 2023 - 05:56 GMT

Gold rates in Qatar Today Wednesday 7 June 2023

Gold rates in UAE Today Wednesday 7 June 2023
June 7th, 2023 - 05:40 GMT

Gold rates in UAE Today Wednesday 7 June 2023

Bank ABC Announces Senior Appointments
June 6th, 2023 - 04:21 GMT

Bank ABC Announces Senior Appointments

Core EU inflation has not peaked yet – Lagarde
June 6th, 2023 - 01:13 GMT

Core EU inflation has not peaked yet – Lagarde

Inflation in Turkey fell below 40% in May
June 6th, 2023 - 12:42 GMT

Inflation in Turkey fell below 40% in May

US debt deal starts massive debt sale, may drain liquidity
June 6th, 2023 - 11:37 GMT

US debt deal starts massive debt sale, may drain liquidity

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