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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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Prime Minister Hani Mulki directed the economic team of the government and all ministers to maintain a dialogue with all concerned bodies on the law. (AFP/ File)
May 8th, 2018 - 07:42 GMT

Jordan Government Approves Mandating Reasons for Amended Income Tax Law

During the event
May 8th, 2018 - 07:29 GMT

ENOC Honours Employees' Competence, Commitment, Achievements at Awards Ceremony

His Royal Highness Prince Salman bin Hamad Al Khalifa, the Crown Prince, Deputy Supreme Commander and Chairman of the Bahrain Economic Development Board (EDB)
May 8th, 2018 - 07:26 GMT

Bahrain Economic Development Board: Gateway Gulf to Showcase Investment Opportunities Worth $26 Billion

IMF has marginally raised Saudi Arabia’s 2018 economic growth forecast to 1.7%. (Shutterstock)
May 8th, 2018 - 07:00 GMT

IMF: Saudi Arabia’s Economy Seen to Grow to 1.7 Percent in 2018

Laurent Gizon, co-principal investigator of the Center for Space Science at NYU Abu Dhabi
May 8th, 2018 - 06:40 GMT

NYU: Planetary Waves Similar to Those That Control Weather on Earth Discovered on Sun

Dr. Rana Biary of New York University, who graduated WCM-Q in 2008, returned to the college to speak at Grand Rounds.
May 8th, 2018 - 06:29 GMT

WCM-Q Grand Rounds Hears How to Safely Restrain Agitated Patients

International Data Corporation.
May 8th, 2018 - 05:59 GMT

IDC Hosts Egypt's Most Influential ICT Leaders for Annual CIO Summit in Cairo

Apartment and villa rents fell on average by 3 per cent (quarter on quarter) in Abu Dhabi in the first 3 months of 2018. (Shutterstock)
May 8th, 2018 - 05:48 GMT

Abu Dhabi House Rents Continue to Soften in Q1 of 2018

ADFD has financed development projects to the tune of about AED80 billion in 88 countries around the world.
May 8th, 2018 - 05:31 GMT

Abu Dhabi Fund for Development Attends Inauguration of Two Projects in Albania Worth Dh240 Million

Hedi is written and directed by Mohamed Ben Attia.
May 8th, 2018 - 05:28 GMT

'Hedi' Screens at Festival NEXT at the LAU With the Attendance of Its Star Majd Mastoura

Abdullah Bin Faisal Al-Othman, Founder and President of Saudi Geidea, Dr Karin Elsolh, CEO of Gulf Capital, 
Abdullah Al-Fozan, Chairman of KPMG.
May 8th, 2018 - 05:18 GMT

Gulf Capital Acquires a Strategic Stake in Geidea, One of the Largest Financial Technology Companies in Saudi Arabia

Ed Breen, chief executive officer of DowDuPont
May 8th, 2018 - 05:10 GMT

DowDuPont Reports First Quarter 2018 Results

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