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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
February 26th, 2015 - 09:13 GMT

Prepare your boxes: where have rents fallen in Dubai?

Bahrain and Saudi Arabia registered an increase of 2.6 per cent, followed by Kuwait with an increase of 2.57 per cent, Oman by 0.22 per cent, the UAE by 1.33 per cent.
February 25th, 2015 - 10:25 GMT

The UAE takes the lead, with everything: GCC records inflation rates of more than 3% in 2014

Al Bawaba
February 25th, 2015 - 05:57 GMT

Nothings lasts forever: Dubai rents dropping on oversupply

Al Bawaba
February 24th, 2015 - 09:10 GMT

To relocate or not to relocate: making the right decision based on cost of living

UAE expatriates said companies only need to increase the gratuity provisions so that they will have more savings to look forward to when they retire
February 23rd, 2015 - 12:37 GMT

Fleeting glamour: retirement crisis looms over UAE residents


"This does not mean that the market is dull. There is still good demand for the properties," he added.
February 22nd, 2015 - 11:43 GMT

Catching it from Dubai? Qatar rents up 20%, may stabilize over oil price crash

“The UAE has created the most affluence in the GCC, growing its share of affluent households from 16 per cent to 26 per cent from 2009 to 2013,” Strategy& said in its report.
February 19th, 2015 - 08:06 GMT

The marriage between money and power: who controls 74% of the Gulf's wealth?

Al Bawaba
February 18th, 2015 - 07:37 GMT

Top picks for Middle East investors in 2015

Al Bawaba
February 17th, 2015 - 10:53 GMT

How being a sore loser can work in your favor if you're an investor

According to estimates, Turks hold some 3,500 tons of gold. Banks have sought to capitalize on the tradition by offering accounts denominated in gold.
February 16th, 2015 - 04:39 GMT

Save up! Meet the Turkish ATM that distributes gold instead of cash

Al Bawaba
February 15th, 2015 - 04:43 GMT

Now that Valentine's over...watch out how commercialized holidays can break your wallet

Al Bawaba
February 12th, 2015 - 08:57 GMT

The million-dollar question (or more): should you buy or rent in the UAE?

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