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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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AURAK Graduation Ceremony Sees Record Number of Female Graduates; AI Gains Prominence
May 30th, 2025 - 04:50 GMT

AURAK Graduation Ceremony Sees Record Number of Female Graduates; AI Gains Prominence

Lg Enhances Home Entertainment Across the Region With 2025 Ai-powered Oled and Qned Tv Lineup
May 30th, 2025 - 04:46 GMT

LG Enhances Home Entertainment Across the Region With 2025 Ai-powered Oled and Qned Tv Lineup

Vertiv showcases latest AI innovations and customer insights at Datacloud Global Congress 2025
May 30th, 2025 - 04:42 GMT

Vertiv showcases latest AI innovations and customer insights at Datacloud Global Congress 2025

Bank ABC secures upgrade from Fitch to investment grade rating BBB- reflecting continued strategic momentum
May 30th, 2025 - 04:34 GMT

Bank ABC secures upgrade from Fitch to investment grade rating BBB- reflecting continued strategic momentum

Sharjah Islamic Bank Strengthens Global Standing with Successful Pricing of USD 500 Million Perpetual Sukuk
May 30th, 2025 - 04:32 GMT

Sharjah Islamic Bank Strengthens Global Standing with Successful Pricing of USD 500 Million Perpetual Sukuk

Union Coop Inaugurates ‘Al Khawaneej Mall’
May 30th, 2025 - 04:22 GMT

Union Coop Inaugurates ‘Al Khawaneej Mall’

 Emirates Flight Catering (EKFC) advances fleet modernisation programme with investment in 53 aircraft catering trucks
May 30th, 2025 - 04:10 GMT

Emirates Flight Catering (EKFC) advances fleet modernisation programme with investment in 53 aircraft catering trucks

Georgetown DC Students Deepen Arabic Skills and Cultural Understanding During Debate Exchange in Doha
May 30th, 2025 - 04:05 GMT

Georgetown DC Students Deepen Arabic Skills and Cultural Understanding During Debate Exchange in Doha

du and Transguard Group join forces to drive digital transformation
May 30th, 2025 - 03:58 GMT

du and Transguard Group join forces to drive digital transformation

Ferrero Rocher and Raffaello Tablets Outperform in Groundbreaking Indulgence Study
May 29th, 2025 - 10:19 GMT

Ferrero Rocher and Raffaello Tablets Outperform in Groundbreaking Indulgence Study

Ooredoo’s O Plus, The Postpaid Plan Everyone’s Talking About
May 29th, 2025 - 07:42 GMT

Ooredoo’s O Plus, The Postpaid Plan Everyone’s Talking About

ADU Hosts Second International Conference on Global Sustainable Development Uniting
May 29th, 2025 - 07:15 GMT

ADU Hosts Second International Conference on Global Sustainable Development Uniting

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