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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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Marwan Al Kindi, Executive Director of Sales and Sales Operations at Dubai
May 9th, 2018 - 09:28 GMT

Dubai Properties Says 1/JBR on Track for Completion in 2019

Through giving back to the community coupled with Ramadan’s spirit of giving, we aim to continue building on this chain of positivity to reach the community at large”, continued Sultan.
May 9th, 2018 - 09:18 GMT

Al Ghurair Centre Brings Back Omniyati Initiative This Ramadan

How Saudi Labor Law Serves Women. (Shutterstock)
May 9th, 2018 - 09:00 GMT

How Saudi Labor Law Serves Women

The purpose of the law is to create a legislative environment that is conductive to establishing endowment institutions.
May 9th, 2018 - 08:55 GMT

Awqaf and Minor Affairs Foundation Grants License to the First Endowment Foundation

Dreams are brought to life with 20% off on the hotel’s wedding packages.
May 9th, 2018 - 08:49 GMT

Dream Weddings Come to Life With Marriott Downtown Abu Dhabi

Cadillac V-Series Championship.
May 9th, 2018 - 08:36 GMT

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

Bahri Amad VLCC Delivery Ceremony.
May 9th, 2018 - 08:31 GMT

Bahri Celebrates Another Key Milestone With the Delivery of Its 46th VICC ‘Amad’

EQUATE’s construction on its new world-scale MEGlobal ethylene glycol plant in Oyster Creek, TX, remains on track, with completion expected in the 2nd half of 2019.
May 9th, 2018 - 08:15 GMT

EQUATE Group Announces Financial Results for First Quarter, 2018

Fadi Hani, Vice President for the Middle East, Africa and Turkey, Avaya
May 9th, 2018 - 08:01 GMT

Bahrain Ministry of Foreign Affairs Implements Digital Transformation Project in Cooperation With Avaya and Batelco

Amna Al Qubaisi, the first Arab woman to compete in Formula 4.
May 9th, 2018 - 07:57 GMT

Kaspersky Lab Partners to Fuel Amna Al Qubaisi’s Drive for Success

The study showed that the potential impact on the UAE economy in just 2 years time at 2020 is estimated at $14.5 billion. (Shutterstock)
May 9th, 2018 - 07:56 GMT

Hunt for Skilled Workers May Cost $8.5 Trillion to Global Economy by 2030

The stories catch simple moments during Ramadan, and particularly those times that encompass a spirit of sharing and giving.
May 9th, 2018 - 07:47 GMT

Hyundai to Share Memories of a Timeless Ramadan During Holy Month

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