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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
April 27th, 2014 - 08:32 GMT

Al Ansari Exchange unveils its Baisakhi Promotion for remittances to India, Bangladesh, Nepal and Sri Lanka

Al Hilal Bank
April 27th, 2014 - 05:24 GMT

Al Hilal Bank launches Global Balanced Fund for investors seeking investment opportunities in global equities & sukuk

Al Bawaba
April 27th, 2014 - 05:07 GMT

Emirates NBD only Middle East bank to win in product category at The Asian Banker Awards

“The size of the Lebanese banks in Iraq maybe too small compared to the huge Iraqi market. Iraq’s seven state-owned banks have 80 percent of assets and 90 percent of total deposits in the country. However, we are going to the Iraqi market to serve new clients,” Bassil said.
April 27th, 2014 - 02:55 GMT

Misery loves company? Lebanese banks announce their intention to pursue Iraq's banking sector

Al Bawaba
April 24th, 2014 - 08:10 GMT

United Arab Bank: Net Profit of AED161m for the Three Months Ended 31 March 2014

During the AGM, ADX provided Manazel shareholders with services including the updating of shareholder information, depositing of share certificates, and providing statements of account
April 24th, 2014 - 07:14 GMT

ADX Organizes Manazel Real Estate AGM

Around 67 percent of DI’s total asset base is in the property sector which positions DI as a major real estate player in the UAE.
April 24th, 2014 - 02:55 GMT

In monumental move, Dubai investments raises foreign ownership cap to 35%

Bank Mellat, which has been in Turkey since 1982, faced restrictions in 2012 which led to a decline in its growth due to economic sanctions imposed against Iran.
April 23rd, 2014 - 10:36 GMT

Iran has its eyes set on Turkish banks

HH Sheikh Maktoum Bin Mohammed Bin Rashid Al Maktoum Visiting FGB’s stand
April 22nd, 2014 - 11:33 GMT

HH Sheikh Maktoum Bin Mohammed Bin Rashid Al Maktoum Visits FGB’s stand at Careers UAE 2014

Careers UAE is organised by the Dubai World Trade Centre, in conjunction with TANMIA, HigherColleges of Technology and UAEUniversity
April 22nd, 2014 - 11:26 GMT

UAE Exchange Participates in CAREERS UAE 2014

Al Bawaba
April 22nd, 2014 - 11:20 GMT

NBAD Participates in Careers UAE 2014 in Dubai

part  of our efforts to cater the need of  our local talent, Standard Chartered has initiated its  Reduced hour Work Scheme, which will also be under the spotlight at Careers UAE 2014
April 22nd, 2014 - 08:54 GMT

Standard Chartered to Participate in Careers UAE 2014

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