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- Bahrain All Share Index, Islamic Index close higher
- Rising demand for freelance digital work in Oman
- Alba achieves key milestone with 37m safe working hours
- UAE, China launch service centre to boost $400bn Arab trade
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- QSE enters sixth day of bull run; M-cap adds QR5.62bn
- Doha Oasis and Ahlibank in strategic partnership
Total assets up 12.4 per cent in nine months period
23/10/2014 05:33 AST
Sharjah Islamic Bank (SIB) announced Dh295 million net profits, up 33.5 per cent for the first nine months of 2014 compared to Dh221 million achieved in the same period last year.
Net customer facilities reached Dh13.9 billion rising by a 11.3 per cent since December 2013 and customer deposits reached Dh14.2 billion rising 18.9 per cent from year end 2013.
SIB's total assets grew 12.4 per cent to reach Dh24.4 billion at the close of the third quarter of this year from the year end 2013.
Liquid assets were at Dh5.7 billion or 23.4 per cent of the total assets as at September 30, 2014 compared to Dh5.1 billion or 23.6 per cent at the year end 2013. SIB shareholder's equity of 4.6 billion represents 18.6 per cent of the total balance sheet footing; maintaining a strong capital adequacy ratio of 25.3 per cent by the end of September 2014 reflecting the bank's strong capital base and strong financial position.
Gulf News
07/07/2016
A.M. Best has affirmed the financial strength rating of A- (Excellent) and the issuer credit rating of "a-" of Emirates Insurance Company P.S.C. (EIC) (United Arab Emirates). The outlook for each rat
Business Wire
23/10/2014
Emirates Islamic (EI), the Islamic Bank belonging to Emirates NBD group reported a net profit of Dh256 million net profit for the first 9 moths of 2014.
The bank continued to deliver healthy
Gulf News
17/06/2014
The nomination committee of Emirates Insurance Co announced on Monday that it has reviewed the credentials of the nominees to fill the two vacant board positions. The election will take place during
Gulf News
| Ticker | Price | Volume |
|---|
| Ticker | Price | Change |
|---|---|---|
| IHC | 401.90 | 1.00 (0.24 |
| FAB | 16.60 | 0.10 (0.60 |
| EMIRATESNBD | 22.80 | -0.20 (-0.87 |
| ADCB | 13.48 | 0.48 (3.69 |
| ADIB | 21.50 | 0.32 (1.51 |
30/06/2025
Aluminium Bahrain (Alba), the world's largest aluminium smelter on one site, has announced that it had achieved a major occupational safety milestone by clocking 37 million safe working hours without
Trade Arabia
30/06/2025
GWC has invested heavily in creating a seamless, integrated network that connects businesses across the GCC, noted Acting Group CEO Matthew Kearns.
GWC takes pride in being at the forefront
Gulf Times
30/06/2025
Doha Oasis and Ahlibank have joined hands in a strategic partnership that brings together two leading Qatari institutions in a collaboration designed to elevate the lifestyle experiences of Ahlibank
Gulf Times
30/06/2025
Media City Qatar and Commercial Bank have signed a service level agreement (SLA) to provide "streamlined banking support" for Media City Qatar's investors, and licensed companies.
This colla
Gulf Times
30/06/2025
Saudi Aramco has lowered its official selling prices for propane and butane for July 2025, reflecting changing global market dynamics.
In a statement released on Sunday, the oil giant set pr
Arab News
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