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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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Meme coin $Homer skyrockets, Bitcoin struggles
May 17th, 2023 - 10:43 GMT

Meme coin $Homer skyrockets, Bitcoin struggles

U.S. dollar gains suppressed by economic concerns
May 17th, 2023 - 09:47 GMT

US dollar gains suppressed by economic concerns

KIB launches TV commercial to highlight  KIB Rewards Program
May 17th, 2023 - 08:22 GMT

KIB launches TV commercial to highlight KIB Rewards Program

Qatar's $10b gas contract goes to French-Arab joint venture
May 17th, 2023 - 08:15 GMT

Qatar's $10b gas contract goes to French-Arab joint venture

Emirates NBD launches Digital Asset Lab, announces founding council members
May 17th, 2023 - 07:43 GMT

Emirates NBD launches Digital Asset Lab, announces founding council members

BisB Promotes Several Employees to Senior Management Positions
May 17th, 2023 - 07:07 GMT

BisB Promotes Several Employees to Senior Management Positions

S&P, Dow, Nasdaq fall slightly, stocks decline
May 17th, 2023 - 07:05 GMT

US indexes S&P, Dow, Nasdaq slide, stocks decline

Gold rates in Jordan Today Wednesday 17 May 2023
May 17th, 2023 - 06:20 GMT

Gold rates in Jordan Today Wednesday 17 May 2023

Gold rates in Saudi Arabia Today Wednesday 17 May 2023
May 17th, 2023 - 06:14 GMT

Gold rates in Saudi Arabia Today Wednesday 17 May 2023

Gold rates in Qatar Today Wednesday 17 May 2023
May 17th, 2023 - 06:01 GMT

Gold rates in Qatar Today Wednesday 17 May 2023

Gold rates in UAE
May 17th, 2023 - 05:53 GMT

Gold rates in UAE Today Wednesday 17 May 2023

UAE billionaire calls for centralized GCC currency
May 16th, 2023 - 12:22 GMT

UAE billionaire calls for centralized GCC currency

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