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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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Rixos Bab Al Bahr Invites Families and Friends for an Ultimate All-inclusive Long Weekend Getaway in Celebration of the Islamic New Year
June 23rd, 2025 - 06:14 GMT

Rixos Bab Al Bahr Invites Families and Friends for an Ultimate All-inclusive Long Weekend Getaway in Celebration of the Islamic New Year

Gulf Markets: Oil Volatility as Strait of Hormuz Faces Pressure
June 23rd, 2025 - 04:47 GMT

Gulf Markets: Oil Volatility as Strait of Hormuz Faces Pressure

 Viva Kalayaan! Ooredoo Joins the Celebration for the 2025 Philippine Independence Day
June 22nd, 2025 - 10:44 GMT

Viva Kalayaan! Ooredoo Joins the Celebration for the 2025 Philippine Independence Day

Namibia crowned champions of inaugural UAE Netball Cup 2025 in Dubai
June 22nd, 2025 - 10:15 GMT

Namibia crowned champions of inaugural UAE Netball Cup 2025 in Dubai

KIB signs strategic partnership with IE Business School under Waed program
June 22nd, 2025 - 10:14 GMT

KIB signs strategic partnership with IE Business School under Waed program

Markaz Exited over USD100 million of Industrial Real Estate Projects in the US and Europe over the past few months
June 22nd, 2025 - 06:37 GMT

Markaz Exited over USD100 million of Industrial Real Estate Projects in the US and Europe over the past few months

Ajman Department of Land and Real Estate Regulation and Ajman Bank Sign Strategic MoU to Enhance Financial Integration
June 22nd, 2025 - 05:36 GMT

Ajman Department of Land and Real Estate Regulation and Ajman Bank Sign Strategic MoU to Enhance Financial Integration

Visa Expands Stablecoin Initiatives in CEMEA
June 22nd, 2025 - 05:31 GMT

Visa Expands Stablecoin Initiatives in CEMEA

Grab 15% Off with Jazeera Airways J9PAYDAY
June 22nd, 2025 - 05:28 GMT

Grab 15% Off with Jazeera Airways J9PAYDAY

WCM-Q concludes 2025 cycle of biomedical research training program
June 22nd, 2025 - 05:24 GMT

WCM-Q concludes 2025 cycle of biomedical research training program

KIB hosts a panel discussion titled ‘Financing and Mortgages: Opportunities and Challenges’
June 22nd, 2025 - 05:19 GMT

KIB hosts a panel discussion titled ‘Financing and Mortgages: Opportunities and Challenges’

Burgan Bank Organizes Field Visit for ‘Academy X’ Students at its Headquarters in Collaboration with CODED Academy
June 22nd, 2025 - 05:17 GMT

Burgan Bank Organizes Field Visit for ‘Academy X’ Students at its Headquarters in Collaboration with CODED Academy

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