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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 16th, 2014 - 06:19 GMT

Mubasher Appoints Hanan Koubeissy As Group Director of UAE Branches

Andre Sayegh, CEO of First Gulf Bank
April 15th, 2014 - 09:52 GMT

First Gulf Bank Launches Inaugural Negotiable Certificate of Deposit (NCD) Programme in Singapore

Deloitte experts believe that Expo 2020 will be a major “game changer for Dubai” whereby it will create significant changes
April 15th, 2014 - 06:52 GMT

7 Deloitte Experts Assess Expo 2020 Economic Impact Spillover

Al Bawaba
April 15th, 2014 - 06:44 GMT

Gulf Finance House Hold Ordinary and Extraordinary General Meetings

Al Bawaba
April 15th, 2014 - 02:55 GMT

Breaking the record: Turkey's foreign debt 'highest in history'

In September 2013, the World Bank removed Iran from its list of deadbeat borrowers, saying the Islamic Republic had paid outstanding loan amounts.
April 15th, 2014 - 02:55 GMT

Knocking all doors: Iran seeking World Bank finances for development projects

Egyptian construction tycoon Nassef Sawiris, the youngest among the Sawiris siblings, was the first Egyptian and the fourth on the list with a total worth of $6.7bn.
April 14th, 2014 - 06:04 GMT

Forbes' Middle East list is out and Egypt, yes Egypt, is leading

Return of Equity (RoE) for Saudi banks is 10 percent whereas U.S. and European counterparts only receive single digit returns (File Archive)
April 14th, 2014 - 02:00 GMT

Spotlight on Saudi Arabia’s "resilient" banking sector

Al Bawaba
April 14th, 2014 - 10:00 GMT

Lebanese startup's move to global platform paving way for entrepreneurship growth

Al Bawaba
April 14th, 2014 - 08:48 GMT

Jordan Ahli Bank celebrates the women of Jordan, honoring the elderly

Mr. Omar Kutayba Alghanim, Gulf Bank’s Chairman
April 14th, 2014 - 08:30 GMT

Gulf Bank posts net profit of KD 8.7 million in Q1 2014

First Gulf Bank
April 14th, 2014 - 04:45 GMT

FGB inaugurates new office in Sowwah Square, Abu Dhabi

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