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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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Whether you are a lover of nature or someone who likes museums and a cultural stroll, the UAE has it all at less than Dh20 ($5). (Pexels)
May 14th, 2017 - 03:31 GMT

20 Things to Do in UAE for Less Than Dh20

OneGram, a Dubai technology firm, has launched the first-ever digital currency backed by gold. (Pexels)
May 11th, 2017 - 02:45 GMT

This Dubai Firm Is Challenging Bitcoin With a Gold-Backed Digital Currency

Financial brokers are at their best when they’re in tune with the markets. (File photo)
May 9th, 2017 - 08:45 GMT

What Kind of News Does a Financial Broker Need to Read?

Financial institutions worldwide are realizing the need for different sort of innovation and better technology to survive in today's competitive market. (Pexels)
May 7th, 2017 - 08:17 GMT

FinTech Is the Key to Stronger, More Profitable GCC Companies: Expert

People are beginning to realize that comparison sites really do save them money. (Pexels)
May 4th, 2017 - 03:35 GMT

Personal Finance Technology: 3 Easy Steps to Manage Your Money in a Digital World

UAE residents found it harder to get approvals for new credit cards in the first quarter of the year, according to a new report from comparison site compareit4me.com. (Pixabay)
May 3rd, 2017 - 11:51 GMT

The Reason Why People Find it Harder to Get a Credit Card in UAE Is Beyond Annoying

For ICON Founder Salma Sakhnini, "emphasis on further education applies even more so for women, because women are paid less and still have to work hard to prove themselves in the workplace." (Pexels)
May 2nd, 2017 - 02:23 GMT

Why Women in the Middle East Need Education More Than Men Do

Credit card misuse can cost you up to Dh2 million ($0.5 million) of fine in UAE. (Pixabay)
April 27th, 2017 - 11:03 GMT

Hefty fines for credit card abusers in UAE

Jeremy Cape (right) and Scott Hutton talk about the implications of the VAT on the GCC's construction and property sector. (YouTube)
April 26th, 2017 - 11:37 GMT

Video: Experts discuss the implications of VAT for GCC companies

Some banks in the UAE are offering residents a chance to borrow money at less than 3 percent annual interest. (File photo)
April 25th, 2017 - 11:43 GMT

Borrowing money in UAE is easy and these banks are making it even easier

A recent report predicted that inpatient spending in the GCC would grow from $16.4 billion in 2015 to $28.9 billion in 2020. (Pixabay)
April 24th, 2017 - 11:08 GMT

Inpatient costs in GCC are ridiculous: Here’s what you can do about it

The cost of renting an accommodation in Dubai is among the highest in the world, knocking off rents in Zurich, which has a reputation for having high living costs, as well as in London, Miami, Tokyo, Amsterdam, Paris and Melbourne. (Pexels)
April 23rd, 2017 - 05:01 GMT

What should your salary be to afford to live in Dubai?

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