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Money Matters

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Sharjah Islamic Bank Successfully Completes the Sale of All Treasury Shares
October 26th, 2025 - 09:30 GMT

Sharjah Islamic Bank Successfully Completes the Sale of All Treasury Shares

Sharjah Islamic Bank (SIB) announced the successful sale of all its treasury shares, amounting to 167.67 million shares, representing 5.18% of the Bank’s total share capital. The sale was completed shortly after the announcement of SIB’s third-quarter financial results and attracted strong demand from investors, reflecting growing confidence in the Bank’s solid performance and robust financial position. HE Mohamed Abdalla, CEO of Sharjah Islamic Bank, stated that the strong investor interest in SIB’s shares underscores confidence in its financial strength and sustainable growth strategy. He added that the positive third-quarter ...
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The Egyptian Electricity Company has activated its contract with e-finance to bring the e-payment of electricity bills into force in 8 easy ways. (File photo)
January 15th, 2018 - 01:03 GMT

8 Easy Ways to Pay Your Electricity Bills Online in Egypt

How do you start saving Dh1 million, you ask? Putting aside money is just one part of the plan. Here's the other part. (Shutterstock)
January 14th, 2018 - 06:00 GMT

Money Management in UAE: How to Save Dh1 Million, Step by Step

Your financial behavior can either make or break you. Here are five money habits you must break in order to have a prosperous future, according to Ambareen Musa of Souqalmal. (Shutterstock)
January 11th, 2018 - 08:57 GMT

Five Bad Money Habits You Must Break Right Now

Are you one of the people who thrive on retail therapy? Follow these tips to help you control your next spending spree. (Pixabay)
January 8th, 2018 - 08:00 GMT

Retail Therapy: How to Resist Spending Temptations

Here's a look at the expected annual spending of a family in the UAE, before and after VAT. (File photo)
January 7th, 2018 - 01:26 GMT

How Will VAT Affect My Family Budget in the UAE?

Most financial services are exempt in the UAE, according to the new VAT Law. But some are not. (Pixabay)
December 31st, 2017 - 01:47 GMT

How Will VAT Apply to Banking Services in the UAE?

Because we know rent is eating up your salary in Dubai, here's a list of the cheapest areas to rent next year. (File photo)
December 26th, 2017 - 02:24 GMT

7 Cheapest Places to Rent in Dubai in 2018

Before making financial resolutions for 2018, there is some work to do to ensure that your 2017 resolutions and financials are on track. (File photo)
December 21st, 2017 - 10:32 GMT

Don’t Set Your 2018 Financial Resolutions Before Reading This

What will you do if today you get sudden cash, e.g. a bonus or inheritance? Here is how you should consider your priorities. (Pixabay)
December 20th, 2017 - 01:20 GMT

Sudden Cash: How to Manage Your Money When You Get a Windfall

More people in Abu Dhabi are moving to Reem Island because housing units are newer and new supply is driving rents downwards, experts say. (Pexels)
December 20th, 2017 - 10:27 GMT

More People in Abu Dhabi Are Moving to Reem Island: Here's Why

Selected supplies in sectors such as transportation, real estate, financial services will be completely exempt from VAT, says UAE Tax Authority. (File photo)
December 12th, 2017 - 03:37 GMT

VAT in UAE: What Is Exempt and What Is Not

A Dubai-based startup promises to sell your house in less than 30 minutes. Here's how. (File photo)
December 7th, 2017 - 02:06 GMT

How to Sell Your House in Dubai in Less Than 30 Minutes

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