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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 6th, 2015 - 04:55 GMT

Extended losses: Gulf markets slide as oil plunges below $55

During the event
January 5th, 2015 - 10:07 GMT

Jordan Ahli Bank’s SME Academy Unit holds a series of free training programs

CBJ Deputy Governor Adel Sharkas indicated on Sunday that the amount would range between JD400 and JD500 million (500 to 600 USD).
January 5th, 2015 - 04:55 GMT

Seeking economic 'blessings'? Jordan likely to issue Islamic sukuk next month

Al Bawaba
January 4th, 2015 - 11:17 GMT

'The father of Sharm el-Sheikh': Egyptian business tycoon asks for his assets back

Al Bawaba
January 4th, 2015 - 10:37 GMT

Emotional, or more like 'financial', blackmail? Israel withholds Palestinian tax revenues

Al Bawaba
January 4th, 2015 - 03:53 GMT

Who needs caution when you have the Expo? Dubai passes highest budget since financial crisis

Nimish Dwivedi, Head of Payments at Mashreq
January 4th, 2015 - 10:08 GMT

Mashreq guarantees the most relaxing shopping experience this DSF


Recent solid data has reinforced the view that the US economy is improving enough for the Federal Reserve to consider raising interest rates in mid-2015.
January 1st, 2015 - 12:06 GMT

Long-anticipated hike: Dollar on track for best annual gain in nine years

First Gulf Bank
December 31st, 2014 - 07:13 GMT

FGB and LIC International to launch ‘first’ insurance co-branded credit card in the region

Al Bawaba
December 30th, 2014 - 09:53 GMT

NBAD Securities Wins Best Brokerage House

Al Bawaba
December 29th, 2014 - 09:59 GMT

Dubai shares skyrocket despite oil price decline

During the signing
December 29th, 2014 - 09:03 GMT

MoF signs MoU with Emirates Airline to provide discounted air fares for its employees

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