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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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Awsaj Academy graduation ceremony.
May 13th, 2018 - 04:59 GMT

Qatar Foundation: Awsaj Academy Honors Class of 2018

Throughout the holy month, customers will enjoy exclusive offers across a full range of KIA sedans, CUVs, MPVs, SUVs and family vans.
May 13th, 2018 - 04:50 GMT

Kia Celebrates 30 Years of UAE Success With Special Ramadan Deals

The World Innovation Summit for Education engaged education stakeholders from across Africa during its WISE@Accra forum in Ghana’s capital.
May 13th, 2018 - 04:27 GMT

WISE@Accra Places Education High on Agenda of African Countries

MPs have voted against a proposal to tax expat remittances. (Shutterstock)
May 10th, 2018 - 02:08 GMT

Proposal to Tax Expat Remittances Is Rejected

“The result of the report is firmly in line with Qatar National Vision 2030 strategic goal of enabling the development of a sustainable digital society in Qatar,” HE the Minister of Transport and Communications Jassim Seif Ahmed al-Sulaiti said.
May 10th, 2018 - 01:00 GMT

Qatar Is Second in Global Mobile Engagement Index

Arabtec said its revenue surged to Dh4 billion in the first quarter compared to Dh2.2 billion last year, up 10.7 per cent.
May 10th, 2018 - 12:02 GMT

Arabtec Records Three-Fold Growth in Q1 Net Profit

"People should buy products and goods according to their needs." (Shutterstock)
May 10th, 2018 - 11:29 GMT

UAE Residents' Alert: Warning Against Excessive Spending During Ramadan

Eng. Nashat Bukhari, General Manager of Amadeus Saudi Arabia
May 10th, 2018 - 11:14 GMT

Online Travel to Witness a Major Rise in Saudi Arabia

TMT Predictions highlights five key areas that Deloitte Global believes will unlock more intensive use of machine learning in the enterprise by making it easier, cheaper and faster.
May 10th, 2018 - 11:04 GMT

Deloitte: Smartphone Sales Expected to Reach 1.85 Billion per Year by 2023

Director of Dubai Customs Ahmed Mahboob Musabih received in his office Mr Mansour Bouseiba, CEO, Nedaa Professional Communication Corporation.
May 10th, 2018 - 11:02 GMT

Dubai Customs Discusses Cooperation With Nedaa

The Google Assitant AI won’t enslave us, but it might help us fix our hair. (TR)
May 10th, 2018 - 11:00 GMT

What Is Google Assistant? The World's Most Lifelike Chatbot Explained

With a wide range of options that fit all payment methods, customers can opt for a 12 or 24 month contract on any Shahry plan.
May 10th, 2018 - 10:40 GMT

Ooredoo Oman Shahry Offers Device Installment Plans

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