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BUSINESS

BUSINESS latest

Sharjah Islamic Bank Reports Net Profit of AED 381 Million, Up 19.4% in Q1 2026
April 13th, 2026 - 11:44 GMT

Sharjah Islamic Bank Reports Net Profit of AED 381 Million, Up 19.4% in Q1 2026

Sharjah Islamic Bank (SIB) delivered an exceptional financial and operational performance across all business segments during the first quarter of 2026. Net profit after tax reached AED 380.7 million, representing an increase of 19.4% compared to AED 318.9 million for the same period in 2025. Income from investments in Islamic financing and Sukuk grew by AED 131.8 million, or 14.4%, to reach approximately AED 1.05 billion by the end of the first quarter of 2026, compared to AED 914.3 million during the same period in 2025. Meanwhile, total profit distributions ...
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Sharjah Islamic Bank Launches “Millionaire Draw” Campaign for Savings Accounts with Exceptional Rewards
June 24th, 2025 - 10:13 GMT

Sharjah Islamic Bank Launches “Millionaire Draw” Campaign for Savings Accounts with Exceptional Rewards

Burgan Bank Appoints Mohammed Al-Roomi as Deputy General Manager of Information and Cyber Security Management
June 24th, 2025 - 10:11 GMT

Burgan Bank Appoints Mohammed Al-Roomi as Deputy General Manager of Information and Cyber Security Management

Markaz Wins Five Prestigious Awards from EMEA Finance, Euromoney, and MEED in 2025
June 24th, 2025 - 09:59 GMT

Markaz Wins Five Prestigious Awards from EMEA Finance, Euromoney, and MEED in 2025

OMODA&JAECOO Accelerates Global Presence with High-Impact Brand Campaign at Dubai International Airport
June 24th, 2025 - 09:54 GMT

OMODA&JAECOO Accelerates Global Presence with High-Impact Brand Campaign at Dubai International Airport

Canon announces the RF 75-300mm F4-5.6 zoom lens
June 24th, 2025 - 09:39 GMT

Canon announces the RF 75-300mm F4-5.6 zoom lens

Al Masaood Automobiles Launches “Buy Now. Pay in 2026” Campaign on Nissan Vehicles
June 24th, 2025 - 09:35 GMT

Al Masaood Automobiles Launches “Buy Now. Pay in 2026” Campaign on Nissan Vehicles

5G-A and AI Fostering the Intelligent Connectivity
June 24th, 2025 - 07:29 GMT

5G-A and AI Fostering the Intelligent Connectivity

Oil prices and Gold prices
June 24th, 2025 - 07:13 GMT
Sally Shakkour

Gold prices fall, oil prices plunge 5% after Israel-Iran ceasefire

Kia EV3 wins Car of the Year at 2025 Autotrader Awards
June 24th, 2025 - 07:13 GMT

Kia EV3 wins Car of the Year at 2025 Autotrader Awards

Hyundai Motor Group Tops Rankings in 2025 IIHS Top Safety Awards
June 24th, 2025 - 06:58 GMT

Hyundai Motor Group Tops Rankings in 2025 IIHS Top Safety Awards

Mastercard steps up fraud prevention efforts with launch of Account Intelligence Reissuance service in EEMEA
June 24th, 2025 - 06:54 GMT

Mastercard steps up fraud prevention efforts with launch of Account Intelligence Reissuance service in EEMEA

Azizi Group Launches Azizi Energy to Develop Power Projects in Emerging Markets
June 24th, 2025 - 06:51 GMT

Azizi Group Launches Azizi Energy to Develop Power Projects in Emerging Markets

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