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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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Emirates NBD to support Padel Tour 2023 as title sponsor for second year
April 17th, 2023 - 09:38 GMT

Emirates NBD to support Padel Tour 2023 as title sponsor for second year

Sharjah Islamic Bank adds to its achievements by winning the Dubai Quality Gold Award
April 17th, 2023 - 09:32 GMT

Sharjah Islamic Bank adds to its achievements by winning the Dubai Quality Gold Award

Standard Chartered and IFC renew commitment to boost global trade by up to USD6 billion
April 17th, 2023 - 08:42 GMT

Standard Chartered and IFC renew commitment to boost global trade by up to USD6 billion

BisB Organizes Ramadan Ghabga for its Employees
April 17th, 2023 - 06:17 GMT

BisB Organizes Ramadan Ghabga for its Employees

ADCB and Al Hilal Bank sign a partnership with The Bank of London and the Middle East to offer digital UK banking to customers in the UAE through Nomo
April 16th, 2023 - 07:05 GMT

ADCB and Al Hilal Bank sign a partnership with The Bank of London and the Middle East to offer digital UK banking to customers in the UAE through Nomo

NBO supports entrepreneurs and small enterprises in the run up to eid al-fitr
April 16th, 2023 - 06:53 GMT

NBO supports entrepreneurs and small enterprises in the run up to eid al-fitr

Al Salam Bank Launches Samsung Wallet
April 16th, 2023 - 06:13 GMT

Al Salam Bank Launches Samsung Wallet

KPMG in kuwait publishes infrastructure report; illustrates current state and challenges in the sector
April 16th, 2023 - 05:25 GMT

KPMG in kuwait publishes infrastructure report; illustrates current state and challenges in the sector

New York Attorney General Letitia James announcing the suit against Donald J. Trump
April 13th, 2023 - 05:17 GMT

Trump questioned in court over fraud allegations

KPMG partners with Saudi SMEs Authority for third edition of Global Tech Innovator competition
April 13th, 2023 - 09:45 GMT

KPMG partners with Saudi SMEs Authority for third edition of Global Tech Innovator competition

Mastercard’s Cross-Border Services Express helps modernize international payments
April 13th, 2023 - 08:15 GMT

Mastercard’s Cross-Border Services Express helps modernize international payments

Gold prices rise slightly as the dollar falls
April 13th, 2023 - 07:33 GMT

Gold prices rise slightly as US dollar falls

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