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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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Despite US debt deal, gov't on Fitch negative rating watch
June 4th, 2023 - 08:06 GMT

Despite US debt deal, gov't on Fitch negative rating watch

KIB is sponsor of Bonds, Loans & Sukuk Middle East 2023
June 4th, 2023 - 07:13 GMT

KIB is sponsor of Bonds, Loans & Sukuk Middle East 2023

Burgan Bank Announces the Names of the Monthly Draw Winners of Kanz Account
June 4th, 2023 - 06:59 GMT

Burgan Bank Announces the Names of the Monthly Draw Winners of Kanz Account

BisB Receives PCI DSS 4.0 Certification
June 4th, 2023 - 06:32 GMT

BisB Receives PCI DSS 4.0 Certification

Gold prices in Amman Today Sunday 4 June 2023
June 4th, 2023 - 06:26 GMT

Gold prices in Amman Today Sunday 4 June 2023

Gold prices in Saudi Today Sunday 4 June 2023
June 4th, 2023 - 06:22 GMT

Gold prices in Saudi Today Sunday 4 June 2023

Gold prices in Qatar Today Sunday 4 June 2023
June 4th, 2023 - 06:14 GMT

Gold prices in Qatar Today Sunday 4 June 2023

Gold prices in Dubai Today Sunday 4 June 2023
June 4th, 2023 - 06:08 GMT

Gold prices in Dubai Today Sunday 4 June 2023

Standard Chartered: Saudi Arabia’s exports to hit USD418bn by 2030 at nearly 5% annual growth
June 2nd, 2023 - 03:45 GMT

Standard Chartered: Saudi Arabia’s exports to hit USD418bn by 2030 at nearly 5% annual growth

Mastercard, Dapi Form Strategic Partnership to Bring Seamless A2A Payments to UAE
June 2nd, 2023 - 03:31 GMT

Mastercard, Dapi Form Strategic Partnership to Bring Seamless A2A Payments to UAE

Boost for Abu Dhabi’s industrial sector as eight new projects announced at Make it in the Emirates Forum
June 2nd, 2023 - 02:47 GMT

Boost for Abu Dhabi’s industrial sector as eight new projects announced at Make it in the Emirates Forum

Emirates Development Bank enhances partnership with Abu Dhabi Department of Economic Development’s Industrial Development Bureau at Make It in the Emirates Forum
June 2nd, 2023 - 02:43 GMT

Emirates Development Bank enhances partnership with Abu Dhabi Department of Economic Development’s Industrial Development Bureau at Make It in the Emirates Forum

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