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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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Bank ABC’s ‘ABC Labs’ named as one of the World’s Best Financial Innovation Labs by Global Finance
June 1st, 2023 - 04:25 GMT

Bank ABC’s ‘ABC Labs’ named as one of the World’s Best Financial Innovation Labs by Global Finance

Markets up on US debt ceiling deal passing House
June 1st, 2023 - 09:13 GMT

Markets up on US debt ceiling deal passing House

US debt ceiling deal: House votes yes
June 1st, 2023 - 08:13 GMT

US debt ceiling deal: House votes yes

Standard Chartered: UAE Exports Projected to Reach AED 2 trillion by 2030
June 1st, 2023 - 06:56 GMT

Standard Chartered: UAE Exports Projected to Reach AED 2 trillion by 2030

Gold rates in Jordan Today Thursday 1 June 2023
June 1st, 2023 - 06:43 GMT

Gold rates in Jordan Today Thursday 1 June 2023

KSA Gold prices Today Thursday 1 June 2023
June 1st, 2023 - 06:39 GMT

KSA Gold prices Today Thursday 1 June 2023

Qatar Gold prices Today Thursday 1 June 2023
June 1st, 2023 - 06:35 GMT

Qatar Gold prices Today Thursday 1 June 2023

UAE Gold prices Today Thursday 1 June 2023
June 1st, 2023 - 06:33 GMT

UAE Gold prices Today Thursday 1 June 2023

Emirates Development Bank unveils AED424m in financing deals at Make It in the Emirates Forum
May 31st, 2023 - 12:52 GMT

Emirates Development Bank unveils AED424m in financing deals at Make It in the Emirates Forum

Oil prices fall on China data, stronger US dollar
May 31st, 2023 - 11:44 GMT

Oil prices fall on China data, stronger US dollar

NBB ‘Gold Sponsor’ of Middle East Investor Relations Association “MEIRA” 2023 Annual Conference in Bahrain
May 31st, 2023 - 11:25 GMT

NBB ‘Gold Sponsor’ of Middle East Investor Relations Association “MEIRA” 2023 Annual Conference in Bahrain

Turkey GDP up 4% in Q1-2023
May 31st, 2023 - 09:16 GMT

Turkey GDP up 4% in Q1-2023

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