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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
June 23rd, 2014 - 05:18 GMT

NBK Capital Asset Management Egypt Funds receive multiple awards at Thomson Reuters MENA Asset Management Conference

Al Bawaba
June 23rd, 2014 - 05:00 GMT

MoF holds a training workshop for UAE nationals at IFC

Al Bawaba
June 23rd, 2014 - 03:55 GMT

Wishful thinking? Egypt's investment minister banking on billions worth of foreign investments

Al Bawaba
June 22nd, 2014 - 05:23 GMT

Jordan Ahli Bank sponsors Little League Football Tournament organized by Rosary College School

Al Bawaba
June 22nd, 2014 - 05:00 GMT

Burgan Bank rolls out ‘Driven from Within’ – a certified leadership program for middle-management & supervisors

Escalating conflict in Iraq is making holders of the country's international debt nervous about whether they will get repaid.
June 22nd, 2014 - 03:55 GMT

With the conflict escalating, where do Iraqi bondholders stand?

The SAMA measure comes in line with the Ministry of Labor’s efforts to put a limit to the control of expatriates over some commercial activities, more commonly known as tasattur.
June 20th, 2014 - 11:12 GMT

Fighting 'tasattur' with xenophobia? Saudi Arabia to 'keep an eye' on expats' bank accounts

First Gulf Bank
June 19th, 2014 - 10:48 GMT

FGB ranked in top 10 companies and named 4th leading bank in the Arab world by Forbes Middle East

Al Bawaba
June 19th, 2014 - 09:26 GMT

Standard Chartered Bank picked by Dubai Economic Council to facilitate trade and investment flows between Dubai and USA

Al Bawaba
June 18th, 2014 - 08:52 GMT

Bank of Aljazira launches its credit cards Promotional Campaign for Summer 2014

Al Bawaba
June 18th, 2014 - 08:47 GMT

Abu Dhabi Commercial Bank launches new employment initiative for Emarati women

On a regional level, the report reveals that private financial wealth grew by 11.6 percent to reach $5.2 trillion in 2013
June 18th, 2014 - 03:55 GMT

When it comes to 'millionaire density', Qatar ranks first in the world

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