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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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A number of cities are seeking to benefit from the internationalization of the RMB by establishing themselves as financial hubs for RMB transactions.
July 20th, 2014 - 03:55 GMT

The rise of the Chinese renminbi: an unmatched opportunity for Qatar?

Despite their recent upgrade to the more mainstream emerging market league, UAE and Qatar are considered risky enough by many investors that they still treat them like frontier markets.
July 17th, 2014 - 03:33 GMT

Why, despite their emerging status upgrade, the UAE and Qatar still count as frontier markets

Al Bawaba
July 17th, 2014 - 03:13 GMT

Banking on stability? Arab Bank posts 7% in profits

Al Bawaba
July 17th, 2014 - 01:49 GMT

NBAD appoints Head of Syndicated Finance

Al Bawaba
July 17th, 2014 - 01:15 GMT

Doha Bank achieves 5% profit growth with impressive ratios

Arab Bank
July 17th, 2014 - 04:55 GMT

Arab Bank group profit rises by 7% in the first half

Total private sector liabilities were up 5.2 percent in the first five months of the year over the end of last year to $208 billion, corresponding
July 16th, 2014 - 10:18 GMT

Turkey's private sector obliged to pay $76 billion in one year

Al Bawaba
July 16th, 2014 - 06:46 GMT

Gambling with ticket prices?Turkey’s lottery system privatized amidst heated debate

Burgan Bank
July 16th, 2014 - 12:12 GMT

Burgan Bank wins ‘Best Investor Relations’ at 2014 annual GCC Investment & Development Awards

Al Bawaba
July 16th, 2014 - 02:21 GMT

A blessing or a curse? UAE constitutes majority of the Middle East's debt market

Al Bawaba
July 15th, 2014 - 08:18 GMT

What do they have to hide? Seven Egyptian public entities refuse to reveal maximum wage

Al Bawaba
July 15th, 2014 - 02:56 GMT

How Egypt plans to deal with $20 billion worth of arbitration cases brought by foreign investors against it

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