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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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Tenants in Dubai are finally in the driver's seat and have the power to negotiate their rent with their landlord. (Shutterstock)
July 20th, 2017 - 12:15 GMT

12 Cheques, Free AC and Flexible Payment: How to Negotiate Your Dubai Rent

Customers in the UAE might find their borrowing costs rising soon. (Pixabay)
July 18th, 2017 - 03:29 GMT

Getting a Mortgage or Car Loan Soon in UAE? Do It Now!

Saudi Arabia plans to privatize about 16 government sectors in the first phase as part of its Vision 2030. (File photo)
July 18th, 2017 - 11:24 GMT

Saudi Arabia Says Healthcare to Be Free for Citizens, Even After Privatization

Saudi households are among the lowest in the monthly transportation expenses. (File photo)
July 13th, 2017 - 11:52 GMT

Saudis' Spending on Transportation Among Lowest in the World

The UAE gives you a one-month grace period to renew your car registration. (Karim Sahib/ AFP)
July 12th, 2017 - 12:57 GMT

Your Complete Guide to Car Insurance Renewal in UAE

One way to save gas is to always make sure the fuel tank cap/door is tightly closed. (File photo)
July 11th, 2017 - 01:04 GMT

12 Ways to Lower Fuel Consumption and Save on Your Gas Bill

Saudi riyals. (File photo)
July 6th, 2017 - 02:15 GMT

Expat Tax: Companies in Saudi Arabia Mull Salary Cuts for Dependent Fee

According to a study released by HSBC, sending a child to school in UAE, from primary to university, will cost about $99,378 (Dh365,025). (Pexels)
July 4th, 2017 - 12:39 GMT

UAE School Fees 'Second Highest in the World': HSBC Study

Visitors check boats docked at the Dubai International Marine Club during the Gulf emirate's international Boat Show on February 28, 2017. (Karim Sahib/ AFP)
July 3rd, 2017 - 01:37 GMT

When It Comes to Investing Their Millions, UAE's Super Rich Like Diversification

Registering what you do is a great first step to keep track of your finances. (File photo)
July 2nd, 2017 - 11:40 GMT

A Step-by-Step Guide to Actually Keep Track of Your Money

A woman uses a golden ATM on the 50th anniversary of the world's first cash machine. (Daniel Leal-Olivas/ AFP)
June 28th, 2017 - 09:53 GMT

First ATM in the World Turns Gold on 50th Anniversary

The financial sector is no stranger to the phenomenon of ransomware attacks. (Pixabay)
June 21st, 2017 - 02:17 GMT

What Can the Financial Sector Learn from the WannaCry Cyber Attack?

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