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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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Keeping your engine on when not necessary is a sure way to waste petrol. (Shutterstock)
March 20th, 2017 - 05:41 GMT

Beat the price rise with these fuel saving tips

US Fed officials indicated in December that three rate hikes would be likely for 2017. (Shutterstock)
March 19th, 2017 - 09:09 GMT

US Fed rate hike: How will it affect you?

Be open with your significant other about your full financial picture. (Shutterstock)
March 16th, 2017 - 05:27 GMT

Unromantic perhaps, but building a life together includes financial matters

Some drivers in the UAE will see their car insurance bills rise by as much as Dh1,691 this year. (File photo)
March 15th, 2017 - 06:00 GMT

Prices for UAE car insurance to soar in 2017

In Dubai, the price of 24-karat gold was at Dh146 per gram as of Sunday, which is Dh6.25 cheaper than in the beginning of the month. (Pexels.com)
March 13th, 2017 - 07:29 GMT

Is it time again to go for gold?

The vast majority of GCC companies will not only need to ensure they accurately determine and report on VAT requirements but, even more importantly, do it efficiently by automating this whole new process. (File photo)
March 12th, 2017 - 08:49 GMT

Getting ready for GCC VAT implementation

A visit to Siem Reap in Cambodia won’t cost you an arm and a leg.  (Shutterstock/Tonv)
March 9th, 2017 - 05:00 GMT

Holiday hotspots where you can stretch your dirham further

If you're flying with Emirates and a have a layover of four hours or more, you can collect free meal vouchers at Dubai Airport. (Shutterstock/ Alexandra Lande)
March 6th, 2017 - 08:06 GMT

5 things that you can still get for free in Dubai airport

Loan documents are notoriously overwhelming, so be prepared to ask for clarifications before you sign on the dotted line. (Shutterstock)
March 5th, 2017 - 09:05 GMT

Loan smarts: Questions to ask before borrowing money

'Enough' is the quality of having everything you need and want but nothing in excess, nothing that imposes a burden on you, whatever your income bracket. (Shutterstock)
February 27th, 2017 - 09:19 GMT

When the going is good, don't let financial discipline take a back seat

Although some emergencies may be beyond your control, try to make the best out of the lessons learned from suffering a financial crisis.  (Shutterstock)
February 26th, 2017 - 05:30 GMT

How to recover from a financial setback

Family security and safety is without a doubt the number one driver for the vast majority of citizenship applicants coming from the Middle East. (Shutterstock)
February 23rd, 2017 - 08:39 GMT

Cash for citizenship schemes: The benefits of acquiring a second nationality

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