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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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JAECOO J5 is set to debut in UAE to ‘Redefine Off-Roading and Outdoor Living’
June 9th, 2025 - 07:15 GMT

JAECOO J5 is set to debut in UAE to ‘Redefine Off-Roading and Outdoor Living’

QE2 Enriches its Heritage Attractions with Two New Installations
June 9th, 2025 - 06:48 GMT

QE2 Enriches its Heritage Attractions with Two New Installations

Aldar Announces Region’s First King’s College School Wimbledon at Fahid Island Abu Dhabi
June 9th, 2025 - 06:32 GMT

Aldar Announces Region’s First King’s College School Wimbledon at Fahid Island Abu Dhabi

Dubai South Launches South Square, Sells Out First Tower Within Three Hours
June 9th, 2025 - 06:29 GMT

Dubai South Launches South Square, Sells Out First Tower Within Three Hours

Dmcc and Signature Developers Break Ground on W Residences Dubai – Jlt in Collaboration With Marriott International
June 9th, 2025 - 06:27 GMT

Dmcc and Signature Developers Break Ground on W Residences Dubai – Jlt in Collaboration With Marriott International

 marhaba partners with PRIME Health to provide world-class travel services for Dubai’s medical tourists
June 9th, 2025 - 06:18 GMT

marhaba partners with PRIME Health to provide world-class travel services for Dubai’s medical tourists

UAE Steady Amid Market Swings
June 9th, 2025 - 05:42 GMT

UAE Steady Amid Market Swings

Porsche Centre Kuwait celebrates “The Night of the Classics”
June 9th, 2025 - 04:29 GMT

Porsche Centre Kuwait celebrates “The Night of the Classics”

Riverbed Named a Leader in 2025 Gartner® Magic Quadrant™ for Digital Employee Experience
June 9th, 2025 - 04:25 GMT

Riverbed Named a Leader in 2025 Gartner® Magic Quadrant™ for Digital Employee Experience

Tesla takes a hit as Musk battles Trump
June 7th, 2025 - 12:43 GMT
Osama Ali

Tesla takes a hit as Musk battles Trump

TECNO Continues the Partnership to Become Official Global Partner of Africa Cup of Nations (AFCON) 2025 and 2027, Fueling the Dream of Africans Through Football
June 7th, 2025 - 10:44 GMT

TECNO Continues the Partnership to Become Official Global Partner of Africa Cup of Nations (AFCON) 2025 and 2027, Fueling the Dream of Africans Through Football

Jazeera Airways First Direct Flight to Budapest Takes Off
June 6th, 2025 - 03:25 GMT

Jazeera Airways First Direct Flight to Budapest Takes Off

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