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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
May 20th, 2014 - 08:33 GMT

Gulf Bank’s Human Resources Head, Salma Al Hajjaj Wins HR Professional of the year award at 6th annual MENA HR excellence Awards

Emirates NBD
May 20th, 2014 - 08:23 GMT

Emirates NBD becomes first Middle East bank to unveil tablet based financial planning

The DFM has now declined for four straight sessions, its biggest losing streak in that surge.
May 20th, 2014 - 07:48 GMT

Here it comes? Correction hits Dubai Financial Market

Al Bawaba
May 19th, 2014 - 10:21 GMT

15 student teams move to final round of ‘2014 Business for Better’ competition

Al Bawaba
May 19th, 2014 - 04:52 GMT

Jordan Ahli Bank signs agreement with Save the Children Jordan to support “Combating Anemia Campaign”

Then Dubai won the Expo 2020 for the UAE last October and the anticipation and actual win spurred local enthusiasms, although the total economic impact will be marginal.
May 18th, 2014 - 11:20 GMT

Is the Expo 2020 euphoria about to expose weaknesses in Dubai's Financial Market?

Al Bawaba
May 18th, 2014 - 10:34 GMT

SIB celebrates graduation of 14 senior employees from Al Nukhba leadership competency Programme

Al Bawaba
May 18th, 2014 - 10:13 GMT

Emirates Islamic hosts UAE national SME owners meet with focus on achieving targeted growth

Al Bawaba
May 18th, 2014 - 09:12 GMT

FGB promotes the Importance of Travel Insurance amongst underinsured UAE residents

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

Mashreq Flavours goes international and signs strategic partnership with Time Out Dubai

Experts say that one of the factors behind constrained bank lending to smaller firms is the lack of progress among SMEs in building a proper financial infrastructure.
May 18th, 2014 - 02:55 GMT

Going slow, but not small: why is GCC lending to SME's lagging behind?

Al Bawaba
May 15th, 2014 - 10:34 GMT

Standard Chartered scores double win at Smart Cards & Payments Award Middle East 2014

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