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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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The dollar was selling for 65,000 rials, according to foreign exchange website Bonbast.com, which tracks the free market. (Shutterstock)
May 10th, 2018 - 08:00 GMT

Iran’s Rial Near Record Lows Against the Dollar as Trump Decision on Nuclear Deal Looms

Emaar Properties PJSC is one of the world’s most valuable real estate companies, with proven competencies in property, shopping malls and retail, as well as hospitality and leisure.
May 10th, 2018 - 07:53 GMT

Emaar Hospitality Drives Digital Transformation With Microsoft Dynamics 365 for Finance and Operations

The new Rolex Boutique in Dubai.
May 10th, 2018 - 07:48 GMT

Rolex and Ahmed Seddiqi & Sons Have Inaugurated a New Rolex Boutique in Dubai

The Championship Edition V-Series model has been designed for customers seeking an exhilarating, high-performance vehicle with a race-car-inspired design.
May 10th, 2018 - 07:37 GMT

Liberty Automobiles Offers Exclusive Cadillac V-Series Championship Edition to Middle East

The resort offers luxury, seclusion and relaxation for guests to embrace the annual time of year for cultivating thoughtfulness, peace and observing the values of compassion.
May 10th, 2018 - 07:31 GMT

Experience Ramadan Delights at Danat Jebel Dhanna Resort

This aircraft, that introduced to the press with a special event in the Hangar of Turkish Technic will contribute to the promotion of the “The Year of Troia through its worldwide flights.
May 10th, 2018 - 07:18 GMT

Turkish Airlines 'Troia' Themed Aircraft is Now in the Sky

Said Darwazeh, Royal Jordanian Board of Directors Chairman
May 10th, 2018 - 07:08 GMT

Darwazeh Praises RJ Management and Employees for the Significant Improvement in Q1 Results

Bitcoin prices trade higher on Thursday after three days of losses. (Shutterstock)
May 10th, 2018 - 06:52 GMT

Bitcoin Prices See Relief After Three Days of Losses

Crude oil prices rally after U.S. President Donald Trump backs out of the Iranian nuclear deal. (AFP)
May 10th, 2018 - 06:44 GMT

Oil Prices Respond to Trump's Move on Iran With Surge

Peter Baumgartner, Chris Youlten, Managing Director, Issa Salem, Mohammed Selim, and Mohammad Almajedi.
May 10th, 2018 - 06:22 GMT

Etihad Aviation Group Honours Winners of Fikra University Competition Held in Partnership With Abu Dhabi Airports

LG’s 2018 AI TVs can perform hundreds of voice commands utilizing the company’s own open smart platform as well as the built in Google Assistant.
May 10th, 2018 - 06:08 GMT

LG Launches the Google Assistant on 2018 AI Enabled TVs

Air Arabia reported a net profit of AED110 million for the three months ending March 31, 2018, an 8 percent increase.
May 10th, 2018 - 05:51 GMT

Air Arabia Reports Strong First Quarter 2018 Net Profit of Dh110 Million, up 8 Percent

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