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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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 The slump represented a wipe-off in market value of about $255 billion for European stocks listed on the broad STOXX Europe 600 index
October 16th, 2014 - 11:41 GMT

The new recession? European stocks suffer biggest one-day slide since 2011

Al Bawaba
October 16th, 2014 - 10:24 GMT

Emirates NBD strengthens partnership with Dubai Police

Turkey’s economy has grown by 6 percent on average since 2010.
October 16th, 2014 - 03:55 GMT

Istanbul Tower: a cruel reminder of what could have been...for Greece

Al Bawaba
October 15th, 2014 - 11:04 GMT

Leading UAE firm Amanat Holdings looking to invest in GCC projects

Al Bawaba
October 15th, 2014 - 09:29 GMT

Saracens Rugby Players Gear up for the 2014 Junior Tournament

Al Bawaba
October 14th, 2014 - 01:24 GMT

Israeli shekel continues to weaken to no avail

Al Bawaba
October 14th, 2014 - 01:04 GMT

Panic over? Saudi, Dubai stock markets in the lead after tumble

Al Bawaba
October 14th, 2014 - 07:41 GMT

Gulf Bank launches a graduate development program in collaboration with the Institute of Banking Studies

The Central Bank chief also explained that he requested the IMF send a delegation to Lebanon "to evaluate the cost borne by the country as a result of receiving displaced Syrians."
October 13th, 2014 - 11:14 GMT

You have our blessings: IMF 'satisfied' with Lebanon's economic performance

Bourses in the region posted their biggest losses in years on Sunday as global markets' decline at the end of last week served as a trigger for aggressive profit-taking.
October 13th, 2014 - 10:53 GMT

The panic attack has passed: ME stock markets rebound from global sell-off

Despite mixed results across sectors in 201, the GCC Islamic Finance industry is expected to maintain its rapid growth over the coming years.
October 13th, 2014 - 09:58 GMT

An unfathomable figure: GCC banking assets set to hit $2 trillion by 2015

Al Bawaba
October 13th, 2014 - 10:07 GMT

MetLife and Emirates NBD celebrate launch of partnership to offer insurance products to bank’s one million plus customers

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