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BUSINESS

BUSINESS latest

Sharjah Islamic Bank Reports Net Profit of AED 804 Million, Up 15.3%, for the first half of 2026 while Strengthening its Capital Base
July 13th, 2026 - 08:24 GMT

Sharjah Islamic Bank Reports Net Profit of AED 804 Million, Up 15.3%, for the first half of 2026 while Strengthening its Capital Base

Sharjah Islamic Bank (SIB) continued to deliver strong financial and operational performance during the first half of 2026, supported by balanced growth across its core business activities, successful revenue diversification, enhanced operating efficiency, and a strengthened capital base that supports the execution of its expansion strategy and reinforces its ability to sustain long-term growth. Net profit after tax reached AED 803.9 million for the first half of 2026, compared to AED 697.2 million during the corresponding period of 2025, representing a growth of 15.3%. This performance reflects the strength of ...
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The UAB noted in a recent study that it is expected that fintech will revolutionise the provision of traditional financial services and reshaped the financial landscape in Arab banks. (Shutterstock)
January 28th, 2019 - 08:37 GMT

How Egypt's Banks Adopt Digitisation and Fintech

Opportunity's last communication with Earth was received June 10, 2018. (Shutterstock))
January 28th, 2019 - 08:24 GMT

RIP Nasa's Mars Opportunity

During the event
January 28th, 2019 - 08:24 GMT

Al Etihad Credit Bureau and Visa Sign MoU to Promote Financial Literacy in the UAE

Construction of a large oil terminal in Jask and also launch of petrochemical refinery was put atop agenda in this area. (Shutterstock)
January 28th, 2019 - 08:15 GMT

Iran Starts Developing a Petrochemical Refinery in Oman Sea

Egypt provided Jordan with 250 million cubic feet of natural gas daily since 2004. (Shutterstock)
January 28th, 2019 - 08:08 GMT

Egypt Starts Supplying Jordan With Natural Gas

During the event
January 28th, 2019 - 08:07 GMT

Al Bustan Centre & Residence Holds Preventive Health and Wellness Check-Up for Employees

The jobless rate first hit 12.9 percent, the highest level recorded by the statistics agency in data going back to 1999. (Shutterstock)
January 28th, 2019 - 08:05 GMT

Saudi Arabia Unemployment Eased Marginally to 12.8 Percent

Jerome Briet, Chief Development Officer, Marriott International MEA
January 28th, 2019 - 07:48 GMT

Marriott International Appoints Jerome Briet as Chief Development Officer for the Middle East and Africa

Increased trading activity from companies based in free zones resulted in a rise in the UAE's non-oil foreign trade. (Shutterstock)
January 28th, 2019 - 07:45 GMT

UAE’s Non-Oil Trade Hits Dh1.2 Trillion in 2018

Dubai International (DXB) retained its position as the world's busiest airport for international customer numbers for the fifth consecutive year. (Shutterstock)
January 28th, 2019 - 07:42 GMT

Dubai Airport Remains World’s Busiest Airport

During the event
January 28th, 2019 - 07:40 GMT

Oman Delegation Visits UK to Lead Implementation of 5G Technology

Etihad Engineering, the largest commercial maintenance, repair and overhaul (MRO) service provider in the Middle East.
January 28th, 2019 - 07:21 GMT

Etihad Aviation Group Participates in Global Investment in Aviation Summit

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