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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
July 15th, 2014 - 02:38 GMT

Mergers and acquisitions up 250% in the Middle East in less than three months

Mr. César González-Bueno, Gulf Bank’s CEO
July 15th, 2014 - 12:31 GMT

Gulf Bank posts net profit for the first half 2014 of KD 15.6 Million

Al Bawaba
July 15th, 2014 - 12:21 GMT

Doha Bank named ‘The Best Domestic Retail Bank in Qatar’ for 2014

Al Bawaba
July 15th, 2014 - 11:33 GMT

Al Ansari Exchange to hand out packed Iftar meals to those in need in UAE

Al Bawaba
July 15th, 2014 - 11:12 GMT

Mashreq receives Dubai Chambers’ CSR Label 2014 for the 4th consecutive year

Al Bawaba
July 15th, 2014 - 05:45 GMT

NBK participates in financing KPI’s acquisition of Shell’s Italian assets

Growing their business remains the primary and dominant goal for High Net Worth (HNW) business owners in the Middle East, according to a new study.
July 15th, 2014 - 03:55 GMT

Business before wealth: what's really on the mind of the ME's high net worth business owners?

Al Bawaba
July 14th, 2014 - 10:08 GMT

MoF hosts meeting for AURAK students

Al Bawaba
July 14th, 2014 - 09:59 GMT

NBAD broadens scope of regional funds

First Gulf Bank
July 14th, 2014 - 08:20 GMT

FGB to commence operations in South Korea through new representative office

The Statistical Center of Iran put the inflation rate of the country's rural areas in the 12-month period to the third Iranian calendar month (ended on June 21) at 28.3 percent.
July 14th, 2014 - 03:55 GMT

Ahmadinejad's legacy lives on? Iran's rural inflation stands at 28.3%

Al Bawaba
July 13th, 2014 - 10:10 GMT

NBAD Dividend Leader named Newcomer Fund

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