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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
April 15th, 2015 - 09:39 GMT

$8.47 million: Dubai imposes record fine on Deutsche Bank

“Easing bankruptcy law will give confidence to business community as well as banks. It’s long overdue,” Gianchandani said.
April 15th, 2015 - 04:55 GMT

Sponsor-free visas, pensions to soon become a reality in Dubai

On the other hand, Western expats were the least likely to settle debt (32 per cent) or pay bills (nine per cent) with their bonus payments.
April 14th, 2015 - 06:56 GMT

Bonus debt: majority of UAE residents use funds from bonus to pay off debt

It is not permitted for schoolteachers in the UAE to give private paid lessons at home. (File photo)
April 13th, 2015 - 09:21 GMT

An educational 'black market'? UAE parents spend more on private tutoring than they do on school fees

"When should I start saving for retirement?" The answer is simple: As soon as you can. (Image: Pixabay)
April 11th, 2015 - 01:35 GMT

Leaving it late? Saving for retirement at 40

Al Bawaba
April 9th, 2015 - 12:09 GMT

Managing Debt

Al Bawaba
April 8th, 2015 - 09:27 GMT

Young entrepreneurs share their recipe for start-up success

Al Bawaba
April 6th, 2015 - 11:47 GMT

ABCs and 123s? Learning to save money from a 7 year old

Al Bawaba
April 6th, 2015 - 09:14 GMT

Working themselves out of a job? MasterCard looks to a future without plastic credit cards

Al Bawaba
April 5th, 2015 - 10:35 GMT

Microsoft and Viva Bahrain team up to facilitate credit-card free app purchases

Al Bawaba
April 2nd, 2015 - 12:16 GMT

Why trading on forex is like watching football

Al Bawaba
April 1st, 2015 - 08:23 GMT

Replacing Switzerland? Why Lebanon isn't keeping its banking secrecy a secret

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