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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
January 28th, 2015 - 10:20 GMT

NBF Capital underscores corporate advisory capabilities with AED 260 million maiden syndication for Universal Hospital

Al Bawaba
January 28th, 2015 - 08:43 GMT

Mashreq raises interest levels with new Dual Currency Product

Al Bawaba
January 27th, 2015 - 09:20 GMT

Egyptian pound falls to new lows

Al Bawaba
January 27th, 2015 - 02:14 GMT

Catastrophic banking: Turkish state bank sustains $1 billion loss in bad loans

Mr. Cesar Gonzalez-Bueno, Gulf bank’s CEO
January 27th, 2015 - 12:54 GMT

Gulf Bank Posts a 10% increase in Net Profit to KD 35.5 Million in 2014

HSBC Oman
January 27th, 2015 - 12:23 GMT

HSBC Bank Oman announces its results for the year ended 31 December 2014

Al Bawaba
January 27th, 2015 - 11:02 GMT

Losing its glory? Iran joins long list of countries to ditch US dollar in foreign trade

Al Bawaba
January 26th, 2015 - 12:04 GMT

NBAD publishes Global Investment Outlook for 2015

One of the winners
January 26th, 2015 - 10:53 GMT

FGB rewards credit card customers with luxury cars

Middle Eastern equity and equity-related issuance totalled $11 billion in 2014, a 173 per cent increase from 2013.
January 26th, 2015 - 10:03 GMT

Time to reminisce? ME investment bankers toast to their best year of fees since 2008

Al Bawaba
January 25th, 2015 - 10:13 GMT

FGB announces deal with Dalma Energy as it takes top spot for syndicated loans in the UAE

Al Ansari Exchange
January 25th, 2015 - 06:49 GMT

Al Ansari Exchange inaugurates new branches in UAE as part of its expansion strategy

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