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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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60 percent of UAE respondents said they do not buy travel insurance when they travel away from the UAE. (File photo)
August 23rd, 2017 - 03:38 GMT

As a Middle East Traveler, Do You Really Need to Buy Travel Insurance?

Mobile wallets can access your bank account when requested. (Shutterstock)
August 21st, 2017 - 12:57 GMT

How to Use Mobile Wallets in the Middle East: Beginner's Guide

Khalifa City A, which is located around 45 minutes away from the city centre of Abu Dhabi, is a good choice for families seeking affordable units to rent. (Shutterstock)
August 17th, 2017 - 12:58 GMT

From Khalifa City to Muroor: 5 Cheapest Places to Rent in Abu Dhabi

Parents usually spend around Dh1,000 ($272) to get one child ready for school. (Pixabay)
August 14th, 2017 - 02:39 GMT

4 Easy Ways to Save Money on 'Back-to-School' Shopping

Be wary of online listings that are not hosted on reputed sites. (Shutterstock)
August 13th, 2017 - 11:28 GMT

Your Step-by-Step Guide to Renting a New Home in Dubai

Mistake #1: Spending money you don’t have. (Pixabay)
August 7th, 2017 - 12:15 GMT

Five Common Money Mistakes People Make When They Travel

With epidemics such as diabetes and obesity rising in the UAE, it is essential to maintain a fitness regimen. (Pexels)
August 6th, 2017 - 02:41 GMT

Like a Boss: 10 High-End Gyms in Dubai You Can Try for Free

The persistent low oil prices is weighing on liquidity conditions across GCC countries. (Pexels)
July 31st, 2017 - 12:45 GMT

GCC Banks to Become More Selective in Lending: Analysts

Have your checklist ready before stepping into the market as a buyer. (Pixabay)
July 30th, 2017 - 01:37 GMT

Your Step-by-Step Guide to Buying Property in Dubai

Gulf News lists the 7 cheapest areas to rent in Dubai this summer. (File photo)
July 27th, 2017 - 01:55 GMT

Your List of the 7 Cheapest Places to Rent in Dubai This Summer

Egypt’s economy has taken its toll on university fees. (File photo)
July 25th, 2017 - 11:21 GMT

Egypt’s Sluggish Economy Takes Its Toll on University Fees for 2017-2018

Always try and deal with landlords directly and avoid brokers if you can. (Shutterstock)
July 23rd, 2017 - 11:46 GMT

'Demand Is High' and Other Scams to Avoid When Renting a Flat in Cairo

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