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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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Al Bawaba
May 3rd, 2015 - 07:45 GMT

Picture perfect: profit potential in $60b art market

Consumers in the UAE are paying significantly more out of their pockets for living essentials. (File photo)
April 30th, 2015 - 02:27 GMT

Costlier by month: What are UAE households spending the most on?

Nearly seven out of ten people in the UAE (69 per cent) say that they believe it is better to spend some money and save some to pass on the next generation. (File photo)
April 29th, 2015 - 08:57 GMT

Waiting around: UAE residents over-relying on supposed inheritance

A wave of ground breaking mergers is again sweeping through the developed world and which would have significant repercussions on global economic developments. (File photo)
April 28th, 2015 - 04:51 GMT

Better together: Why it's time for Gulf firms to consider merging

 Seeking professional advice, whether for an illness or a financial difficulty can help you find a solution. (File photo)
April 27th, 2015 - 07:49 GMT

What's there to talk about? Seven out of ten keep their money problems secret

Al Bawaba
April 26th, 2015 - 03:51 GMT

Don't talk about it? Why making money can be risky

Al Bawaba
April 23rd, 2015 - 08:50 GMT

An impending bonanza: who will be investing the most in Saudi Arabia's opened up stock market?

Al Bawaba
April 22nd, 2015 - 05:34 GMT

Time for cognitive dissonance: why Gulf investors must ignore oil price trends

more than half of Emiratis (54 per cent) who want to own a new flat or villa prefer cash or cheque payment when buying a piece of property in the UAE (image: on file).
April 21st, 2015 - 01:58 GMT

No to mortgages? UAE homes being bought in cash

The longer people wait to prepare financially and save for their future, the more they will have to work hard to reach their desired goals (image: on file).
April 20th, 2015 - 06:55 GMT

Is the Dubai dream unraveling? UAE expats failing to reach financial goals

Uncertainties might continue to add to volatile swings in markets.
April 19th, 2015 - 12:03 GMT

UAE investors urged to 'cherry pick' stocks

Al Bawaba
April 16th, 2015 - 06:02 GMT

You're not alone: over 80% of Dubai residents had their rents rise upon contract renewal

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