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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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Gold prices in Doha Today Tuesday 23 May 2023
May 23rd, 2023 - 05:49 GMT

Gold prices in Doha Today Tuesday 23 May 2023

Gold prices in UAE Today Tuesday 16 May 2023
May 23rd, 2023 - 05:42 GMT

Gold prices in UAE Today Tuesday 23 May 2023

Fed may raise US interest rates to 6.5%
May 22nd, 2023 - 01:41 GMT

Fed may raise US interest rates to 6.5%

Lira crashes ahead of Turkey's elections runoff
May 22nd, 2023 - 12:29 GMT

Lira crashes ahead of Turkey's elections runoff

Markaz organizes webinar on how GCC is evolving as an important emerging market opportunity
May 22nd, 2023 - 10:34 GMT

Markaz organizes webinar on how GCC is evolving as an important emerging market opportunity

NBB Supports the Annual Charity Fund Raising 6-a-Side Football Tournament
May 22nd, 2023 - 07:33 GMT

NBB Supports the Annual Charity Fund Raising 6-a-Side Football Tournament

BisB a Strategic Sponsor of the Bahrain Hackathon “INNOV8” 2023
May 22nd, 2023 - 07:10 GMT

BisB a Strategic Sponsor of the Bahrain Hackathon “INNOV8” 2023

Gold prices in Jordan Today Monday 22 May 223
May 22nd, 2023 - 06:53 GMT

Gold prices in Jordan Today Monday 22 May 223

Gold prices in Saudi Today Monday 22 May 223
May 22nd, 2023 - 06:47 GMT

Gold prices in Saudi Today Monday 22 May 223

Gold prices in Qatar Today Monday 22 May 2023
May 22nd, 2023 - 06:41 GMT

Gold prices in Qatar Today Monday 22 May 2023

 Bank ABC Appoints Mr. Sael Al Waary as its  Group Chief Executive Officer
May 22nd, 2023 - 06:29 GMT

Bank ABC Appoints Mr. Sael Al Waary as its Group Chief Executive Officer

Gold prices in Dubai Today Monday 22 May 2023
May 22nd, 2023 - 06:27 GMT

Gold prices in Dubai Today Monday 22 May 2023

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