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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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Emirates Development Bank Signs MoU with Paraguay’s Development Finance Agency to Boost Collaboration
May 29th, 2023 - 07:25 GMT

Emirates Development Bank Signs MoU with Paraguay’s Development Finance Agency to Boost Collaboration

Gold prices in Jordan Today Monday 29 May 223
May 29th, 2023 - 06:39 GMT

Gold prices in Jordan Today Monday 29 May 223

Gold prices in Saudi Today Monday 29 May 2023
May 29th, 2023 - 06:34 GMT

Gold prices in Saudi Today Monday 29 May 2023

Gold prices in Qatar Today Monday 29 May 2023
May 29th, 2023 - 06:27 GMT

Gold prices in Qatar Today Monday 29 May 2023

Gold prices in Dubai Today Monday 29 May 2023
May 29th, 2023 - 06:16 GMT

Gold prices in Dubai Today Monday 29 May 2023

UAE, Paraguay sign agritech, training MoU
May 28th, 2023 - 01:02 GMT

UAE, Paraguay sign agritech, training MoU

US debt ceiling deal to pay bills by June 4
May 28th, 2023 - 09:35 GMT

US debt ceiling deal to avert default by June 4

BisB Wins “Best Digital Banking Initiative”
May 28th, 2023 - 08:59 GMT

BisB Wins “Best Digital Banking Initiative”

June 1st the last day for depositing to enter Al Dirwaza account July monthly draw
May 28th, 2023 - 08:16 GMT

June 1st the last day for depositing to enter Al Dirwaza account July monthly draw

Turkish lira sails steady through the runoff
May 28th, 2023 - 08:02 GMT

Lira sails steady through Turkey runoff elections

NBB Continues its Support for the TradeQuest Programme
May 28th, 2023 - 07:54 GMT

NBB Continues its Support for the TradeQuest Programme

Preliminary US debt ceiling deal, payment delays inevitable
May 28th, 2023 - 07:25 GMT

Initial US debt ceiling deal, delays inevitable

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