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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 UAE is among the top nations in per capita waste generation in the world, and reportedly has some of the highest electricity and water consumption rates globally. (Pixabay)
April 20th, 2017 - 12:54 GMT

8 super-smart tips to reduce your electricity bill in the UAE

With 2018 fast approaching, it is critical for businesses in the GCC to start planning now for the impending arrival of the new tax regime. (Pexels)
April 19th, 2017 - 10:16 GMT

5 simple steps for GCC businesses to get VAT-ready

Banks in UAE can now reject your loan requests if they decide that your credit score is too low. (Pixabay)
April 18th, 2017 - 12:41 GMT

Your UAE credit score will tell banks if they should lend you money or not

Some $120 billion in funds were remitted from the Middle East region to different destinations around the world in 2015 alone, an increase of 9 percent from $110 billion in 2014. (File photo)
April 17th, 2017 - 09:15 GMT

Hackers are determined to steal your money: Here’s what you can do to stop them

Shopping through social media platforms has surely become a very common thing, and every single day we find a store that pops up and steals our hearts. (Pexels)
April 16th, 2017 - 11:04 GMT

This Egyptian mom’s thriving online business is everyone’s dream come true

Properties along the green line should be the top choice for the most budget-conscious. (Shutterstock)
April 13th, 2017 - 09:11 GMT

Your guide to finding good deals on rents in Dubai for a car-free life

While property analysts have been claiming that rents in Dubai have fallen, about nine in 10 tenants are not getting any relief from high housing expenses. (Pixabay)
April 12th, 2017 - 10:29 GMT

Pay less for your Dubai rent using this one effective method

Insurance companies are determined to charge high premiums on reckless drivers. (Pixabay)
April 11th, 2017 - 12:47 GMT

Reckless drivers will pay more for car insurance in this Gulf country

The blue one is Apollo and the pink one is Artemis and they have been on show in London before being auctioned in Geneva in May this year. (AFP/Ben Stansall)
April 11th, 2017 - 12:11 GMT

In photos: The world’s most expensive earrings are for sale

The forex market offer investors the full benefits of unlimited profits for a limited risk. (Pixabay)
April 10th, 2017 - 09:07 GMT

Learn how to invest in the forex market like a pro

Events like the 2022 World Cup in Qatar are considered bright spots on the horizon and hoped to help the region retain its appeal for expats. (File photo)
April 9th, 2017 - 09:25 GMT

Revealed: Qatar's top 10 salaries for 2017

The penthouse is situated in a 74-story building and features a 360-degree view of Dubai’s skyline, multiple garden terraces, a lap pool and open-air Jacuzzi, a gym, a sauna and a steam room. (Habtoorcitydubai.com)
April 6th, 2017 - 10:21 GMT

Most expensive apartment in Dubai: Is the view really worth it?

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