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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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Al Bawaba
April 20th, 2015 - 04:17 GMT

Doha Bank extends support to traffic department

Emirates NBD
April 19th, 2015 - 11:24 GMT

Emirates NBD ties up with ICICI Bank for instant money transfers through DirectRemit

First Gulf Bank
April 19th, 2015 - 11:05 GMT

FGB wins big with seven-award haul at Banker Middle East UAE Product Awards 2015

Said Al Shanfari, Director of Business Marketing at Ooredoo
April 19th, 2015 - 09:35 GMT

Ooredoo offers more value to business customers with the revamped ‘MyAccount’ service

Jamal bin Ghalaita, CEO of Emirates Islamic
April 19th, 2015 - 09:26 GMT

Emirates Islamic named Best Islamic Bank in the UAE by World Finance

Al Bawaba
April 19th, 2015 - 05:55 GMT

Deteriorating oil, deteriorating budget: Moody downgrades Bahrain's ratings

Al Bawaba
April 19th, 2015 - 03:55 GMT

Reaching out: Kuwait finalizes investment arm in Egypt

Al Bawaba
April 16th, 2015 - 06:35 GMT

Ahlan wa sahlan: Saudi Arabia to open stock market to foreigners on June 15

In 2013, the IMF’s projections for real GDP growth was 2.2% (image: on file).
April 16th, 2015 - 07:45 GMT

Some optimism: IMF raises Egypt's growth forecast for 2015, 2016

Al Bawaba
April 15th, 2015 - 09:39 GMT

$8.47 million: Dubai imposes record fine on Deutsche Bank

Poster Salary April 2015
April 15th, 2015 - 10:54 GMT

Gulf Bank highlights its enhanced salary offer to customers at The Grand Avenues

During the event
April 15th, 2015 - 07:52 GMT

Bank Al Jazira awarded Best Bank in Retail Banking in the KSA

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