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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
February 22nd, 2015 - 04:55 GMT

Political ramifications: Yemen foreign exchange reserves stabilise but borrowing balloons

Al Bawaba
February 19th, 2015 - 01:16 GMT

Senior personalities named: Swiss authorities raid HSBC in money laundering probe

Al Bawaba
February 19th, 2015 - 08:13 GMT

FGB hosts blood donation campaign in Abu Dhabi and Dubai

During the event
February 19th, 2015 - 06:12 GMT

Doha Bank announces the winners of its ‘Win Your Loan Back’ Campaign

Emirates NBD
February 18th, 2015 - 10:45 GMT

Emirates NBD introduces co-branded commercial card programme in partnership with DMCC and MasterCard

Peter Frank, Global Head of Foreign-Exchange Strategy at Banco Bilbao Vizcaya Argentaria SA (BBVA); a global financial services group
February 18th, 2015 - 08:43 GMT

Burgan Bank hosts Client Treasury Event

Al Bawaba
February 18th, 2015 - 07:49 GMT

Why Israelis are rushing to empty out their Swiss bank accounts

Doha Bank’s Group CEO Dr. R. Seetharaman
February 18th, 2015 - 05:58 GMT

Doha Bank CEO gives lecture on ‘A Borderless World’ at College of the North Atlantic – Qatar

Lower oil prices are expected to feed through into reduced economic growth in the Gulf Arab state this year.
February 17th, 2015 - 08:38 GMT

Crunch time: UAE banks' profit growth may fall this year

During the signing ceremony
February 17th, 2015 - 12:13 GMT

MoF signs an agreement with Umm Al Quwain e-Government to implement the e-Dirham system

HSBC Bank Oman - Young Omani Author Competition
February 17th, 2015 - 11:17 GMT

‘Young Omani Author’ competition gathers pace as deadline approaches and support increases

The price the Dewa managed to get for phase two of the Mohammed bin Rashid Al Maktoum Solar Park has set a new world record in photovoltaic power projects.
February 16th, 2015 - 06:27 GMT

UAE stocks jump on 'stronger' crude

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