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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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KIB announces winner of Al Dirwaza digital account opening draw for the month of May
May 10th, 2023 - 04:20 GMT

KIB announces winner of Al Dirwaza digital account opening draw for the month of May

Burgan Bank Sets a New Benchmark for Employee Development in Kuwait with Personalized Digital Learning Program
May 9th, 2023 - 03:39 GMT

Burgan Bank Sets a New Benchmark for Employee Development in Kuwait with Personalized Digital Learning Program

Emirates NBD to collaborate with DIFC to advance shared goal of supporting the Dubai Economic Agenda D33
May 9th, 2023 - 03:21 GMT

Emirates NBD to collaborate with DIFC to advance shared goal of supporting the Dubai Economic Agenda D33

Abu Dhabi 2022 estimates cite 9.3% GDP growth
May 9th, 2023 - 02:01 GMT

Abu Dhabi 2022 estimates cite 9.3% GDP growth

Oil drops 0.7% ahead of U.S. inflation data
May 9th, 2023 - 10:23 GMT

Oil drops 0.7% ahead of US inflation data

15% rise in NBB net profit attributable to the shareholders
May 9th, 2023 - 07:59 GMT

15% rise in NBB net profit attributable to the shareholders

Gold prices in KSA Today Tuesday
May 9th, 2023 - 06:06 GMT

Gold prices in KSA Today Tuesday 9 May 2023

Gold prices in Doha Today Tuesday Month Day Year
May 9th, 2023 - 06:00 GMT

Gold prices in Doha Today Tuesday 9 May 2023

Investing in Cryptocurrency with Your Smartphone
May 8th, 2023 - 11:05 GMT

Investing in cryptocurrency with your smartphone

Investing in Stocks with Your Smartphone
May 8th, 2023 - 09:55 GMT

Investing in stocks with your smartphone

ADIB appointed primary dealer by federal treasury sukuk programme
May 8th, 2023 - 09:19 GMT

ADIB appointed primary dealer by federal treasury sukuk programme

US Debt
May 8th, 2023 - 07:25 GMT

US debt at 98% of GDP, close to WWII levels

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