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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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During the training
March 4th, 2015 - 11:04 GMT

HSBC Bank Oman and the British Council launch special education needs training workshops across the Sultanate

Mark Yassin Co-Head of Wholesale Banking and Senior Managing Director of Global Banking at NBAD and Tim Myers, president of Boeing Capital Corporation, Boeing’s financing and leasing unit
March 4th, 2015 - 09:11 GMT

NBAD, Boeing strengthen partnership with new aircraft financing agreement

Al Bawaba
March 3rd, 2015 - 05:30 GMT

A massive 'coming out': Turkey's $220 billion stock exchange to go public

Al Bawaba
March 3rd, 2015 - 05:15 GMT

Dollar hits 11-dollar high after China cut

During the event
March 3rd, 2015 - 11:05 GMT

Al Hilal Bank bags 4 major awards at IFN Deals of the Year 2014 Awards

Al Bawaba
March 3rd, 2015 - 08:26 GMT

Emirates NBD Brand valuation reaches US$1.78 billion

Al Bawaba
March 3rd, 2015 - 08:23 GMT

A GDP on the 'side': Egypt has received $23 billion worth of aid from Gulf states in past 18 months

Al Bawaba
March 3rd, 2015 - 08:10 GMT

'Lacking clear direction': Egypt stocks rebound, Saudi stocks flat

Wael El Kabbany, managing director, Middle East and North Africa, BT Global Services
March 3rd, 2015 - 07:45 GMT

NBAD selects BT for managed network services

Doha Bank Tablet Banking
March 3rd, 2015 - 06:16 GMT

Doha Bank introduces the First Tablet Banking in Qatar

Al Bawaba
March 2nd, 2015 - 09:32 GMT

Bahrain central bank chief worried about economic slowdown, bank profitability

Turkish Central Bank Governor Erdem Basci sought to calm jittery investors, appearing to dismiss rumors that he would resign and giving a brief lift to the lira currency after it tumbled to a record low.
March 2nd, 2015 - 08:02 GMT

Keep calm and ignore Erdogan: Turkey central bank chief to stay put after Lira's historic low

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