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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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Mr. Majed Essa Al Ajeel, Chairman of Burgan Bank Group
May 12th, 2014 - 05:04 GMT

Burgan Bank Group announces first quarter 2014 earnings

Al Bawaba
May 12th, 2014 - 02:55 GMT

Anger in the workplace: the equivalent of emotional intelligence?

Eight of KSE’s sectors ended last week in the red zone, three recorded increases, whereas the Health Care sector’s index closed with no change from the week before
May 12th, 2014 - 02:55 GMT

Kuwait bourse slips for third week in a row

Qatar’s bourse has officially reported that the combined first-quarter net profit of all but two companies amounted to QR11.1 billion, up 8.6 per cent year on year.
May 11th, 2014 - 07:25 GMT

Dubai bourse 'miles ahead' its Gulf counterparts

Al Bawaba
May 11th, 2014 - 04:50 GMT

Egypt's new investment law and corruption: what do they have in common?

He noted that Iraq will not be able to sell for the next ten years and Jordan has an opportunity to capitalise on that by inviting investors to take advantage of a large market.
May 11th, 2014 - 11:25 GMT

Should Jordan's investment promotion efforts be closer to home?

Al Bawaba
May 11th, 2014 - 08:42 GMT

NBAD wins three Coveted Accolades

Al Bawaba
May 11th, 2014 - 08:25 GMT

Mashreq’s opens eCube investment Centre in Jumeirah

Fawry is a bilingual Arabic-English platform which allows customers to pay for services either online, via mobile phone, or at a point of sale machine.
May 11th, 2014 - 04:55 GMT

For once, it's Egypt 'aiding' the Gulf: electronic payment platform 'Fawry' to make it to GCC

Al Bawaba
May 11th, 2014 - 02:55 GMT

What Expo? UAE companies have no intention of raising salaries anytime soon

Al Bawaba
May 11th, 2014 - 02:55 GMT

The Golden Rules: twenty time management lessons people should learn before their twenties

Al Bawaba
May 8th, 2014 - 02:18 GMT

Netanyahu included? Israel to punish citizens who hide their money in the US by seizing 50% of concealed funds

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