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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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Tariq Bin Hendi new Chief Executive Officer
July 13th, 2015 - 07:32 GMT

Emirates NBD Asset Management appoints Tariq Bin Hendi as new Chief Executive Officer

UAE Ministry of Finance
July 13th, 2015 - 04:52 GMT

MoF announces implementation of the Policies and Procedures Manual for Federal Property Leases

Ihsan Iftar banquet
July 13th, 2015 - 04:43 GMT

IBQ hosts Ihsan Iftar banquet

Al Bawaba
July 12th, 2015 - 04:12 GMT

Sending not spending: GCC remittances top $102 billion in 2014

Mr. Khaled Al-Awadhi, Al Danah’s KD 125,000 winner, receiving his prize from Mansouriya Senior Branch Manager Mrs. Nawar Al-Yaseen
July 12th, 2015 - 04:40 GMT

Gulf Bank announces the winners of the Al Danah Daily Draws for the week of June 28th to July 2nd

The Egyptian pound was unchanged at 7.73 pounds to the dollar for the second time on Thursday's foreign exchange auction.
July 9th, 2015 - 01:50 GMT

Egyptian pound remains steady on the official market: state

Sharjah Islamic Bank Iftar
July 9th, 2015 - 08:23 GMT

Sharjah Islamic Bank hosts Iftar gathering for the Old People’s Home in Sharjah

International Bank of Qatar
July 9th, 2015 - 04:29 GMT

Moody’s and Fitch assign IBQ investment grade status

Nimish Dwivedi, Head of Payments at Mashreq
July 8th, 2015 - 09:27 GMT

Mashreq Cards launches exciting international spends offers

Al Bawaba
July 8th, 2015 - 05:35 GMT

DoF- Abu Dhabi: “Al Maqta’a bidding hall”processes69 tenders worth over AED 27 billion by the end of May 2015

Al Bawaba
July 7th, 2015 - 10:30 GMT

Egypt’s foreign debt drops by 12 percent

IBQ and W Doha Ramadan collaboration
July 7th, 2015 - 09:36 GMT

IBQ and W Doha bring joy to Hospital patients during the Holy Month of Ramadan

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