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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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During the event
May 6th, 2018 - 08:46 GMT

EQUATE Recognizes New Batch of Interns as Part of Ongoing Investment in Future Professionals

private entities to enlist their support for SMEs’ development and success.
May 6th, 2018 - 08:43 GMT

Khalifa Fund Joins ADNOC’s In-Country Value Program

The pace of growth in the Bahrain Kingdom ‘accelerated markedly’ in 2017 compared to 3.2% in 2016. (SG)
May 6th, 2018 - 08:13 GMT

Bahrain GCC’s Fastest Growing Economy with 3.9 Percent in 2017

Kaspersky Safe Kids is designed to help parents take a more effective approach to shielding their children from the dangers that lurk online.
May 6th, 2018 - 08:10 GMT

Kaspersky Lab: 57 Percent of UAE Children Confronted by One Online Threat Within Past Year

In Q1 2018, 2,431 female investors purchased over Dh4.4 billion in the Dubai property market, according to the Dubai Land Department. (Shutterstock)
May 6th, 2018 - 08:04 GMT

Women Accounted for 30 Percent of Dubai Realty Transactions in Q1 2018

Suhail Masri, Vice President of Employer Solutions, Bayt.com
May 6th, 2018 - 07:59 GMT

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

To mark the 100th birthday of the late Sheikh Zayed, Founder of the UAE, the two entities have launched the Art of Zayed competition to encourage talented UAE residents to commemorate the Year of Zayed through music, poetry, and artwork.
May 6th, 2018 - 07:53 GMT

PepsiCo Announces Partnership With Emirates Foundation to Empower Emirati Youth

Samsung Pay has entered the world of eCommerce through the CCAvenue payment gateway in tandem with Mashreq Bank, the leading gulf-based financial institution.
May 6th, 2018 - 07:49 GMT

Samsung Pay Celebrates Its First Anniversary by Going Online in the UAE

Babyshop is taking kids out on a rollercoaster fashion ride this Ramadan.
May 6th, 2018 - 07:36 GMT

Centrepoint’s 2018 Ramadan Exclusive Selection Delivers Elegance for Fashion

During the event
May 6th, 2018 - 07:25 GMT

30 Teams Honored at Sixth United Arab Emirates Undergraduate Research Competition at Abu Dhabi University

QNL recognizes its obligation to support other Qatari institutions from the cultural, research, and scientific domains.
May 6th, 2018 - 07:17 GMT

Qatar National Library Joins Digital Preservation Coalition

Jeanine Daou, PwC Middle East Indirect Tax Leader
May 6th, 2018 - 07:12 GMT

PwC Middle East registered as a Tax Agency with UAE Federal Tax Authority

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