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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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Among other gainers in Dubai were property developer Deyaar and construction firms Arabtec Holding and Drake & Scull.
March 24th, 2014 - 03:55 GMT

After last week's plunge, Saudi stocks recover to five year high!

Nsour also highlighted the need to target Jordanian expatriates in order to attract them for carrying out investments in the Kingdom.
March 23rd, 2014 - 09:22 GMT

Long overdue: Jordan's top officials pushing for 'modern investment' law

Al Bawaba
March 23rd, 2014 - 01:55 GMT

Oman: Banks’ role in infrastructure development highlighted

Ehab Hassan, NBAD’s Group Chief Human Resources Officer and Senior Managing Director
March 23rd, 2014 - 12:54 GMT

NBAD launches E-Academy

Al Bawaba
March 23rd, 2014 - 12:19 GMT

Doha Bank announces all-new prize structure for Al Dana Savings in 2014

Al Bawaba
March 23rd, 2014 - 09:41 GMT

Mashreq partners with SALAMA to offer a unique savings plan

Helmy also said that Italy is considered the number one trade partner with Egypt in the European Union, and also ranks second in terms of international economic partners.
March 23rd, 2014 - 03:55 GMT

Shouldn't it be figuring out its economy first? Italy to invest $1.3 billion in Egypt

Al Bawaba
March 23rd, 2014 - 02:07 GMT

Turkish lira takes the plunge after Erdogan's 'unwise' twitter move

 The UAE, the second biggest Arab economy, doesn’t impose income taxes.
March 21st, 2014 - 12:50 GMT

No wonder there's a 'Dubai rush': Dubai's bankers getting double their London counterparts in bonuses

Al Bawaba
March 20th, 2014 - 10:27 GMT

Standard Chartered launches Islamic Banking in Kenya

Al Bawaba
March 20th, 2014 - 10:10 GMT

Emirates Islamic rewards winners of bill payment campaign

Al Bawaba
March 20th, 2014 - 08:30 GMT

Inside Dubai's Export-Import Bank proposal

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