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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
October 8th, 2014 - 04:33 GMT

UAE Exchange Smart Pay organised HR Summit 2014

Abu Dhabi Commercial Bank
October 8th, 2014 - 04:22 GMT

ADCB awarded ‘Best Cash Management Bank in the UAE’ by Euromoney

Al Bawaba
October 7th, 2014 - 11:20 GMT

EU delegation commends Dubai Customs’ prominent role in IPR protection

Al Bawaba
October 7th, 2014 - 06:16 GMT

ADIB 5th sharia workshop discusses initiatives to support the growth of Islamic finance industry

Emaar Properties is now worth less than it was before the sale of 15 per cent of EMG in the IPO.
October 2nd, 2014 - 02:46 GMT

A qualified success: Emaar Malls IPO wipes $1 billion off Emaar's value on day one of trading

Al Bawaba
October 2nd, 2014 - 12:46 GMT

Time is money: deal reached on Dubai World debt restructuring

It also revealed that Gulf funding for African infrastructure has focused on North Africa, which has received the bulk of aid (about 65 per cent of the total).
October 1st, 2014 - 07:11 GMT

Diversifying to Africa: Gulf countries to pump $30 billion into the continent

Al Bawaba
October 1st, 2014 - 10:15 GMT

Western Union launches self-service money transfer kiosk service in the UAE

Al Bawaba
October 1st, 2014 - 10:02 GMT

Doha Bank opens its first electronic banking branch in UAE

On Sunday, Erdogan again slammed the credit agencies, saying they were making "foolish statements".
September 30th, 2014 - 09:44 GMT

Fitch urged to change its mind about Turkey

Strong economic data could prompt the US central bank to raise interest rates faster and sooner than expected, which could boost the dollar and hurt non-interest-bearing bullion.
September 30th, 2014 - 04:58 GMT

US Dollar hits four year peak, drags gold down

First Gulf Bank
September 30th, 2014 - 09:46 GMT

FGB recognised as an employer of choice by GCC Best Employer Brand Awards 2014

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