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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 4th, 2014 - 10:34 GMT

Emirates NBD wins double recognition at Smart Cards & Payments Middle East Awards

Al Bawaba
June 3rd, 2014 - 04:37 GMT

The result of a 'muddle through' fiscal strategy'? Egypt's deficit projected to remain in double digits

Al Bawaba
June 3rd, 2014 - 12:43 GMT

Time really is money after all: new study puts a price tag on how much leaders spend on emails, meetings

“The UAE is known for setting new benchmarks in various fields and creating exemplary standards that are being emulated across the region."
June 3rd, 2014 - 12:20 GMT

Anything to hike spending? UAE residents to be able to use their ID's as credit cards

Al Bawaba
June 3rd, 2014 - 12:07 GMT

It’s all in the name: Virgin mobile opts for Islamic facility to finance ME expansion

Al Bawaba
June 3rd, 2014 - 08:26 GMT

NBAD to expand Global Markets E-Commerce services

Al Bawaba
June 3rd, 2014 - 08:08 GMT

Jordan Ahli Bank sponsors the First Economic Conference organized by JSSR

Al Bawaba
June 3rd, 2014 - 07:36 GMT

Doha Bank customer wins trip to FIFA World Cup in Brazil, courtesy Visa

The International Monetary Fund warned Bahrain last year that the Kingdom needed to reform its public finances in the medium term to avoid its debt burden becoming unsustainable.
June 3rd, 2014 - 02:55 GMT

Double trouble: Bahrain's budget gap grows twofold

Mr. César González-Bueno, Gulf Bank’s Chief Executive Officer
June 2nd, 2014 - 09:52 GMT

S&P affirms Gulf Bank’s credit rating at BBB+ with a positive outlook

During the event
June 2nd, 2014 - 09:32 GMT

Burgan Bank provides facilities worth US $190 Million to United Arab Shipping Company (UASC)

The insurance sector saw its trading volume more than triple to 0.4mn stocks and value more than quadruple to QR26.94mn on more-than-doubled deals to 204.
June 2nd, 2014 - 02:55 GMT

Qatar bourse breaks record on MSCI upgrade

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