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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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Trump announced the US will pull out of the landmark nuclear accord with Iran. (Courtesy of AP/ KhT)
May 9th, 2018 - 07:41 GMT

UAE, Saudi Arabia Welcome Trump's Decision on Iran Nuclear Deal

During the event
May 9th, 2018 - 07:41 GMT

ENOC Honours Employees Competence Commitment Achievements at Awards Ceremony

The new agreement will support Royal Jordanian’s efforts to enhance the customers' experience from the moment they plan to book until they board the aircraft.
May 9th, 2018 - 07:24 GMT

Enhanced Customer Experience as Royal Jordanian Undergoes Landmark Digital Transformation With Amadeus

During the event
May 9th, 2018 - 07:20 GMT

Dubai Culture Participates in the Institute of Internal Auditors International Conference 2018

Suhail Masri, Vice President of Employer Solutions, Bayt.com
May 9th, 2018 - 07:11 GMT

Bayt.com Poll: Ramadan Increases Productivity for 81.7 Percent of Professionals in the Middle East

The Awarding Ceremony commended the talented young artists and exhibited the 36 winning entries with strong environmental messages, creating a bright and colourful scene.
May 9th, 2018 - 07:08 GMT

65,000 Students Participate in EEG’s Environmental Drawing Competition

Ground-breaking report examines how global trade will change over the next  decade and how digital will drive the global economy into the next phase of growth.
May 9th, 2018 - 06:51 GMT

DMCC’s Future of Trade Report: Sweeping Advance in Tech and Finance to Fuel Global Trade

Rangers communicate on mobile devices deep in the bush.
May 9th, 2018 - 06:43 GMT

Dimension Data and Cisco Take Anti-Poaching Technology Into Africa

Dermot Birchall, the new General Manager
May 9th, 2018 - 06:37 GMT

Millennium Resort Mussanah Welcomes Dermot Birchall as New General Manager

QNL’s decision to establish an area inside KidZania Doha.
May 9th, 2018 - 06:32 GMT

Qatar National Library Area to Be Established at Kidzania Doha

Satya Nadella, CEO, Microsoft
May 9th, 2018 - 06:17 GMT

Microsoft Build Highlights New Opportunity for Developers, at the Edge and in the Cloud

Dr. Talal Abu-Ghazaleh during his participation at the opening ceremony
May 9th, 2018 - 06:16 GMT

Abu-Ghazaleh: English Language is the Knowledge Language Nowadays

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