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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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Inflation is set to rise in all countries in the GCC except for Bahrain who is bucking the trend (File Archive/Shutterstock)
March 4th, 2014 - 02:17 GMT

Moody's: Only one GCC country is not projected to see a rise in inflation this year

Al Bawaba
March 4th, 2014 - 12:18 GMT

Jordan Ahli Bank gives away 2013 Kia Cerato to the lucky winner Mohammad Abdel Raouf Fandi Tahat

Al Bawaba
March 4th, 2014 - 12:04 GMT

FGB launches new global market information and online e-trading platforms at the 2014 Global Financial Markets Forum

Al Bawaba
March 4th, 2014 - 11:42 GMT

Mashreq’s new corporate campaign reinforces customer centricity

Al Bawaba
March 4th, 2014 - 10:06 GMT

National Bank of Fujairah recognised as “Best Trade Finance Bank” at Trade & Export Excellence Awards 2014

Fifty-three percent of managers expect to raise their equity allocations to Egypt while only 7 percent expect to reduce them.
March 4th, 2014 - 03:55 GMT

Twist of fate: Middle East fund managers shy away from Turkey, warm up to Egypt

Al Bawaba
March 4th, 2014 - 03:55 GMT

Gulf markets take nosedive over Ukraine crisis

What is clear is that as the world’s largest importer of wheat, Egypt is highly exposed to even the slightest change in the global tradable wheat price or supply. No country in the world is more vulnerable.
March 4th, 2014 - 03:55 GMT

'Let them eat cake'...or in the case of Egyptians, shall we say 'pasta'?

Al Bawaba
March 3rd, 2014 - 10:59 GMT

NBAD’s Global Financial Markets Forum begins tomorrow

Al Bawaba
March 3rd, 2014 - 10:32 GMT

Gulf Finance House signs development agreements with Wadhwa Group and Adani

The DFM General Index declined 0.86 per cent this week (File Archive)
March 3rd, 2014 - 10:16 GMT

In flux: What's up with Dubai's stock market?!

Al Bawaba
March 3rd, 2014 - 09:34 GMT

Emirates Islamic offers better rates for customers transferring financial liabilities

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