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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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Experience an unforgettable 4-day Eid celebration at Rixos Bab Al Bahr, the all-inclusive beachfront resort in Ras Al Khaimah
May 15th, 2023 - 10:20 GMT

Experience an unforgettable 4-day Eid celebration at Rixos Bab Al Bahr, the all-inclusive beachfront resort in Ras Al Khaimah

Turkish stocks fall as elections runoff approaches
May 15th, 2023 - 10:03 GMT

Turkish stocks fall as elections run-off approaches

Emirates NBD drives innovation and sustainability initiatives in collaboration with Microsoft
May 15th, 2023 - 09:54 GMT

Emirates NBD drives innovation and sustainability initiatives in collaboration with Microsoft

Gold up, dollar down, US debt crisis continues
May 15th, 2023 - 09:03 GMT

Gold up, dollar down, US debt crisis continues

Meydan Free Zone and ADIB sign strategic partnership to empower SMEs to Grow from Dubai
May 15th, 2023 - 08:49 GMT

Meydan Free Zone and ADIB sign strategic partnership to empower SMEs to Grow from Dubai

Saudi inflation slows for 3 months in a row
May 15th, 2023 - 08:24 GMT

Saudi inflation slows for 3 months in a row

Visa names Tarek Abdalla as Chief Marketing Officer for Central and Eastern Europe, Middle East, and Africa
May 15th, 2023 - 07:58 GMT

Visa names Tarek Abdalla as Chief Marketing Officer for Central and Eastern Europe, Middle East, and Africa

Amlak finance announces first quarter 2023 financial results
May 15th, 2023 - 07:04 GMT

Amlak finance announces first quarter 2023 financial results

Gulf international bank records strong first quarter results
May 15th, 2023 - 06:46 GMT

Gulf international bank records strong first quarter results

NBB Introduces Points Monthly Challenge to reward customers for their daily financial transactions
May 15th, 2023 - 06:24 GMT

NBB Introduces Points Monthly Challenge to reward customers for their daily financial transactions

Gold rates in Jordan Today Monday 15 May 2023
May 15th, 2023 - 05:23 GMT

Gold rates in Jordan Today Monday 15 May 2023

Gold prices in Saudi Today Monday 15 May 2023
May 15th, 2023 - 05:15 GMT

Gold prices in Saudi Today Monday 15 May 2023

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