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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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Dubai
March 16th, 2015 - 04:55 GMT

Dubai apartments now up to $100,000 cheaper

Some analysts are confident about the economy, regardless of whether "Bibi" or "Bougie" wins.
March 12th, 2015 - 09:13 GMT

To Bibi or not to Bibi: Israeli's and the cost of living question

Al Bawaba
March 11th, 2015 - 10:01 GMT

A much-needed relief: UAE cost of living falls slightly

Al Bawaba
March 9th, 2015 - 05:59 GMT

From oxymoron to reality: introducing affordable housing in Dubai

Al Bawaba
March 9th, 2015 - 11:25 GMT

Multiple meanings amidst unwritten rules: what the rising dollars means for GCC currencies

“There are strong signs of moving beyond the days of the financial crisis, albeit with a more cautious and perhaps more regional investment approach.
March 8th, 2015 - 07:25 GMT

Optimistic or delusional? GCC’s rich confident about local economies despite oil price fall

The Big Spenders Index tracks the 10 locations most likely to see strong growth in big-ticket spending by ultra-wealthy residents or visitors.
March 5th, 2015 - 09:13 GMT

Could've done better: GCC dominates global luxury spending index

Al Bawaba
March 4th, 2015 - 06:57 GMT

Forbes reveals the top 5 richest men in the UAE

Al Bawaba
March 4th, 2015 - 01:17 GMT

Blame Russia, not Jordan: ranking of Jordanian billionaire, Manasir, falls sharply on Forbes

Al Bawaba
March 3rd, 2015 - 09:19 GMT

No beginner's luck? Be business savvy before joining forex markets, experts advise newcomers

And it still doesn’t end there, because there’s another 10 percent VAT the customer has to pay when he buys the car – the $30,000 car now costs you a whopping $55,000.
March 2nd, 2015 - 08:36 GMT

A very disgruntled Lebanese explains why cars are so 'freakin' expensive in his country

Al Bawaba
March 1st, 2015 - 08:12 GMT

Luxury vs. prudency: how to be judicious about choosing a credit card

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