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Sharjah Islamic Bank closed 2025 with a strong financial performance, posting a net profit of AED 1.32 billion, up 26% year on year. Growth was driven by solid expansion across core activities, higher income from Islamic financing and sukuk, and a steady increase in customer deposits. The Bank maintained strong liquidity and proposed a higher cash dividend, reflecting its focus on sustainable growth, income stability, and long-term value for shareholders.

Clock23/01/2026

Mashreq bank raised $500 million through a five-year bond, attracting orders exceeding $925 million.

Saudi Arabia’s Business Confidence Index rose to 56.7 points in August 2026, supported by stronger optimism across the industry and services sectors.

Investors are bracing for a bumpier fall stock market due to shifting odds of a Federal Reserve interest-rate increase and other macro challenges.

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Saudi Arabia’s Arab National Bank has raised $750 million through an AT1 sukuk priced at a 6.50% yield, with orders exceeding $3 billion.

Clock03/09/2026
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