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Money Matters

Money Matters latest

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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If you're viewing your savings pot as an emergency fund, you're best off going for an account with no minimum balance requirements. (Shutterstock)
February 21st, 2017 - 08:08 GMT

Savings accounts: The devil's in the details

If what’s driving your decision is simply keeping up with others, and it is not even a want, then you better begin to train yourself on resisting this temptation. (Shutterstock/ VanderWolf Images)
February 19th, 2017 - 05:00 GMT

When keeping up appearances drives you into debt

According to UBS, the UAE is one of the most "advanced countries in terms of its economic diversification", benefiting from a stable political environment and substantial public foreign assets. (File photo)
February 15th, 2017 - 05:48 GMT

Time to go local for investment opportunities: UBS

The bulk of Valentine’s Day spending this year, about $4.3 billion, will go to jewellery, followed by $3.8 billion on an evening out and $2 billion on flowers.  (File photo)
February 14th, 2017 - 06:15 GMT

Open your heart, open your wallet: How much are you spending on Valentine's Day?

Some people prefer to have frequent fun activities at a low budget for each rather than having big costly outings that are far in between.  (Shutterstock/Fokke baarssen)
February 12th, 2017 - 11:03 GMT

Budgeting for fun without breaking the bank

f you’re getting a card that carries an annual fee, make sure that you’re getting something special in return, like cash back, discounts, club membership, and insurance coverage.  (Shutterstock)
February 8th, 2017 - 08:02 GMT

Choose the right credit card and reap the rewards

Alexbank's new much-anticipated web series “Ask the Expert with ALEXBANK” provides banking and financial advise. (Screengrab)
February 6th, 2017 - 12:19 GMT

Need banking advice? Become an expert with this new Egyptian web series

Need a loan for a pressing need or that thing you've always wanted? Do your homework first.
(AFP/File)
February 5th, 2017 - 06:00 GMT

Four tips on how to secure a personal loan in 2017

The average person in the UAE owes $11,590 in debt, often the form of credit card balances and car loans. (Shutterstock)
February 2nd, 2017 - 11:14 GMT

Don’t let debt take control: UAE personal loans reach staggering $118 billion

Financial resolutions that are too broad, or too vague, are often not easy to stick to. (Pexels)
January 31st, 2017 - 11:22 GMT

Don't give up on your financial resolutions

Digital banking denotes an entirely new business model – it is not just about having a mobile app, but rather entails a newly defined business model that is powered through the digital space.  (Shutterstock)
January 30th, 2017 - 07:47 GMT

Your money online: Digital banking trends to watch in 2017

Bundling all of your insurance policies with one provider also can save you a bunch every year. (Shutterstock)
January 29th, 2017 - 12:08 GMT

Running for cover? Keep this in mind when looking for insurance

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