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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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UAE Gold prices Today Thursday 11 May 2023
May 11th, 2023 - 06:12 GMT

UAE Gold prices Today Thursday 11 May 2023

KSA Gold prices Today Thursday 11 May 2023
May 11th, 2023 - 06:02 GMT

KSA Gold prices Today Thursday 11 May 2023

US consumer inflation down to 4.9% in April
May 10th, 2023 - 01:36 GMT

US consumer inflation down to 4.9% in April

UAE oil giant to sell 15% stake in Adnoc logistics unit
May 10th, 2023 - 09:41 GMT

UAE oil giant to sell 15% stake in Adnoc Logistics

Emirates Development Bank reveals commitment to financing UAE renewables sector
May 10th, 2023 - 09:33 GMT

Emirates Development Bank reveals commitment to financing UAE renewables sector

Standard Chartered to launch Digital Asset Custody Services in the UAE
May 10th, 2023 - 09:14 GMT

Standard Chartered to launch Digital Asset Custody Services in the UAE

Inflation in Egypt slows in April to 30.06%
May 10th, 2023 - 08:48 GMT

Inflation in Egypt slows to 30.06% in April

Emirates NBD reinforces ESG commitment with new sustainability milestones
May 10th, 2023 - 08:21 GMT

Emirates NBD reinforces ESG commitment with new sustainability milestones

Gold rates in Jordan Today Wednesday 9 May 2023
May 10th, 2023 - 06:45 GMT

Gold rates in Jordan Today Wednesday 9 May 2023

RAKBANK launches digital on-boarding solution for instant credit cards through its banking app
May 10th, 2023 - 06:39 GMT

RAKBANK launches digital on-boarding solution for instant credit cards through its banking app

Gold rates in Saudi Arabia Today 9 May 2023
May 10th, 2023 - 06:28 GMT

Gold rates in Saudi Arabia Today 9 May 2023

Gold rates in Qatar Today Wednesday 9 May 2023
May 10th, 2023 - 06:18 GMT

Gold rates in Qatar Today Wednesday 9 May 2023

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