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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 Ramadan Night market in 2016
May 28th, 2017 - 05:58 GMT

Canadian Specialist Hospital Launches Campaign to Support Healthy Fasting and ‘Year of Giving’

The Deloitte app is available for iOS and Android devices and it is broken down into different sections that are easy to navigate.
May 28th, 2017 - 05:43 GMT

Deloitte offers free and interactive VAT app to GCC businesses and individuals

Ramadan for Muslims is much more than a time to abstain from eating, drinking or smoking between sunrise and sunset. (Shutterstock)
May 25th, 2017 - 05:00 GMT

Ramadan 101: Why Do Muslims Fast and 7 Questions You Probably Have Right Now

A Kuwaiti judge (C) and his aides count the ballots at a polling station at the end of the parliamentary elections in the Sabah al-Salem district on the outskirts of Kuwait city on November 26, 2016. (AFP/ Yasser Al-Zayyat)
May 25th, 2017 - 01:00 GMT

Kuwait Announces Plan to ‘Kuwaitize’ Administrative Jobs in Private Sector

The MoU was signed by Ahmad Al Hanandeh, CEO of Zain and Timothy Murphy, General Counsel and Chief Franchise Officer, Mastercard, in the presence of Dr. Ziad Fariz, Governor of the Central Bank of Jordan.
May 25th, 2017 - 12:06 GMT

Zain signs MoU with Mastercard to boost digital payment services in Jordan

Representatives from Etihad Airways, Special Olympics Abu Dhabi 2019 and ADNOC pictured after Etihad Airways was unveiled as the official airline partner of the 2019 Special Olympic World Summer Games in Abu Dhabi.
May 25th, 2017 - 11:53 GMT

Etihad Airways announced as official airline partner of the 2019 Special Olympics World Summer Games

Remarkable leap in crude oil prices are not expected for the rest of 2017. (File photo)
May 25th, 2017 - 11:21 GMT

Oil Prices Won't Be Affected by OPEC Cut Extension: Experts

OPEC members decide to extend the oil production cut. (AFP/ File)
May 25th, 2017 - 10:53 GMT

OPEC Extends Oil Cuts for Another Nine Months

The recognition was based on financial indicators including growth of profit, earnings per share and share price growth.
May 25th, 2017 - 10:44 GMT

Ooredoo named one of Oman’s top 20 companies for 7th year running

The Saudi Ministry of Labor has forced a cleaning and maintenance company to release overdue paychecks to more than 450 male and female workers. (AFP)
May 25th, 2017 - 10:09 GMT

Saudi Arabia: 450 Workers Get Paychecks After Ministry’s Intervention

Saif Humaid Al Falasi, Group CEO, ENOC,
May 25th, 2017 - 09:59 GMT

ENOC embraces spirit of Ramadan through community engagement

Abdulwahed Juma, Executive Vice President, Brand and Corporate Communications, du.
May 25th, 2017 - 09:49 GMT

du Wins the Prestigious Sustainability and Emerging Markets Award at the Premier International Business Awards

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