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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
December 1st, 2014 - 10:07 GMT

GEMS commemorates 43rd National Day and claims a new Guinness world record for the UAE

Al Bawaba
December 1st, 2014 - 09:37 GMT

Emirates NBD turns Cash Deposit Machine to Culture Dispensing Machine on National Day

Al Bawaba
December 1st, 2014 - 08:43 GMT

Al Hilal Bank calls on youths to ‘Raise your voice, raise your flag’ on 43rd UAE National Day activities

Al Bawaba
December 1st, 2014 - 04:40 GMT

NBAD joins a Collation to provide US1.5 billion financing to EGPC

Gulf markets felt the sting of an OPEC decision last Thursday to maintain export quotas
November 30th, 2014 - 09:29 GMT

Dependency's ugly side: Egypt's stocks falter as Gulf markets slide

The new regulations will force regional banks to take a closer look at their capital allocation and deploy their capital more strategically.
November 30th, 2014 - 01:15 GMT

Fresh round of Basel III to mark boost to ME's banking sector

The price of Brent crude has tumbled about 10 percent to $70.15 per barrel since regional equity markets last traded on Thursday.
November 30th, 2014 - 01:05 GMT

The domino effect? Panic selling in Gulf markets over plunging oil prices

Al Bawaba
November 30th, 2014 - 12:07 GMT

ADIB receives Sheikh Khalifa Excellence Award in its Gold Category

Emirates NBD Head Office
November 30th, 2014 - 11:59 GMT

Emirates NBD creates new personal banking proposition

FGB
November 30th, 2014 - 10:29 GMT

FGB launches best-in-class credit card loyalty platform in the UAE

Many banks in the region have fallen back on fees and charges as a way of offsetting pressure on the profitability of lending,
November 27th, 2014 - 05:04 GMT

How gracious! HSBC voluntarily refunds ME customers 'excessive' fees

Al Bawaba
November 27th, 2014 - 12:09 GMT

Standard Chartered commemorates 43rd UAE National Day by breaking a world record

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