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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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Abu Dhabi Department of Economic Development (ADDED) Signs MoU with ADIB to Facilitate Digital Business Banking Account Opening
May 19th, 2023 - 06:20 GMT

Abu Dhabi Department of Economic Development (ADDED) Signs MoU with ADIB to Facilitate Digital Business Banking Account Opening

NBO’s islamic banking window, muzn signs term wakala agreement with oman air
May 18th, 2023 - 12:30 GMT

NBO’s islamic banking window, muzn signs term wakala agreement with oman air

Deposits in Dubai banks hits record high of $272b
May 18th, 2023 - 11:36 GMT

Deposits in Dubai banks hits record high of $272b

Annual inflation in Kuwait holds near projected March rates
May 18th, 2023 - 11:12 GMT

Annual inflation in Kuwait holds near projected March levels

Emirates NBD wins Grand Prix in ‘Glass: The Award for Change’ category for Emirati Women’s Day Campaign at Dubai Lynx Awards 2023
May 18th, 2023 - 08:55 GMT

Emirates NBD wins Grand Prix in ‘Glass: The Award for Change’ category for Emirati Women’s Day Campaign at Dubai Lynx Awards 2023

Visa and Reward launch global merchant marketplace for banks with personalized card linked offers from leading global merchants
May 18th, 2023 - 08:30 GMT

Visa and Reward launch global merchant marketplace for banks with personalized card linked offers from leading global merchants

Jordan Gold prices Today Thursday 18 May 2023
May 18th, 2023 - 06:52 GMT

Jordan Gold prices Today Thursday 18 May 2023

Qatar Gold prices Today Thursday 18 May 2023
May 18th, 2023 - 06:50 GMT

Qatar Gold prices Today Thursday 18 May 2023

UAE Gold prices Today Thursday 18 May 2023
May 18th, 2023 - 06:39 GMT

UAE Gold prices Today Thursday 18 May 2023

UAE Gold prices Today Thursday 18 May 2023
May 18th, 2023 - 06:36 GMT

KSA Gold prices Today Thursday 18 May 2023

Moody’s to review rating of 5 banks in Egypt
May 17th, 2023 - 12:23 GMT

Moody’s to review rating of 5 banks in Egypt

UAE stock markets close high on Wednesday
May 17th, 2023 - 11:39 GMT

UAE stock markets close high on Wednesday

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