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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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Markets look to new economic era under Simsek
June 5th, 2023 - 09:57 GMT

Turkish markets look to new economic era under Simsek

Turkey inflation down in May – Survey
June 5th, 2023 - 08:44 GMT

Turkey inflation down in May – Survey

Oil prices up on Saudi output cut in July
June 5th, 2023 - 07:27 GMT

Oil prices up on Saudi output cut in July

Gold prices in Jordan Today Monday 05 June 2023
June 5th, 2023 - 06:25 GMT

Gold prices in Jordan Today Monday 05 June 2023

Gold prices in Saudi Today Monday 5 June 2023
June 5th, 2023 - 06:18 GMT

Gold prices in Saudi Today Monday 5 June 2023

Gold prices in Qatar Today Monday 5 June 2023
June 5th, 2023 - 06:11 GMT

Gold prices in Qatar Today Monday 5 June 2023

Gold prices in Dubai Today Monday 5 June 2023
June 5th, 2023 - 06:00 GMT

Gold prices in Dubai Today Monday 5 June 2023

Saudi stocks hit highest daily gains since October
June 4th, 2023 - 01:20 GMT

Saudi stocks hit highest daily gains since October

US Jobs data report may be misleading – Reuters
June 4th, 2023 - 11:06 GMT

US Jobs data report may be misleading

US debt ceiling deal may curb Ukraine support
June 4th, 2023 - 09:20 GMT

US debt ceiling deal may curb Ukraine support

Dubai Islamic Bank Launches DIB ‘alt’, the Ultimate Digital Banking Experience for its Customers
June 4th, 2023 - 09:13 GMT

Dubai Islamic Bank Launches DIB ‘alt’, the Ultimate Digital Banking Experience for its Customers

KIB to close on National Assembly's election day and continue to serve customers via its digital channels
June 4th, 2023 - 08:26 GMT

KIB to close on National Assembly's election day and continue to serve customers via its digital channels

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