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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 1st, 2015 - 08:18 GMT

Jumping on the same bandwagon: Egypt, Israel apply to join China-led Asian investment bank

Al Bawaba
April 1st, 2015 - 08:21 GMT

Emirates NBD bags three awards at Middle East Banking Awards 2014

Al Bawaba
March 31st, 2015 - 06:36 GMT

Saudi Aramco signs $10 billion dual-currency loan

Al Bawaba
March 31st, 2015 - 08:15 GMT

Opening up, completely: UAE drafts law for 100% foreign ownership of firms

Al Bawaba
March 31st, 2015 - 05:20 GMT

HSBC Bank Oman plants trees and switches-off for Earth Hour 2015

Emirates NBD wins at the Asian Banker Awards
March 31st, 2015 - 04:49 GMT

Emirates NBD named Best Retail Bank in the Middle East and the UAE by the Asian Banker

The court found that Moshe Talansky gave Olmert $153,000 in envelopes.
March 30th, 2015 - 11:07 GMT

Ex-Israel PM Olmert convicted of fraud

Yawmi Quarterly Draw
March 30th, 2015 - 08:54 GMT

Burgan Bank announces the new winner of the KD 125,000 cash prize in the Yawmi Quarterly Draw

Al Bawaba
March 30th, 2015 - 07:45 GMT

Mashreq official bank sponsor for Gitex Shopper Spring 2015; every customer is now a VIP

During the signing of the agreement between former U.S. President Jimmy Carter, founder of The Carter Center, and Mohamed Ali Al Ansari, Chairman of Al Ansari Exchange
March 29th, 2015 - 09:28 GMT

Al Ansari Exchange donates USD 1 million to The Carter Center

Saudi Arabia’s main index tumbled 5.0 per cent on Wednesday amid reports that the kingdom was amassing troops and military equipment on its border with Yemen.
March 29th, 2015 - 04:55 GMT

Gulf stocks take the plunge on Yemen attacks, Dubai hit the worst

Al Bawaba
March 26th, 2015 - 07:43 GMT

Dubai World gets approval to restructure $14.6bn debt outside court

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