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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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KFH-Bahrain’s Credit Cards are Shari’a complaint and are widely accepted in many countries all around the world.
May 25th, 2017 - 06:15 GMT

KFH-Bahrain announce winners of its April 2017 ‘Apply and Win’ campaign

Ian Johnston, Chief Executive at the DFSA
May 25th, 2017 - 06:04 GMT

DFSA launches Innovation Testing Licence for FinTech Firms

The ceremony celebrated the graduation of 85 students, including 44 Qatari nationals.
May 25th, 2017 - 05:53 GMT

Qatar Academy Doha celebrates class of 2017

Emirati student Dubai Abulhoul - Major in Political Science.
May 25th, 2017 - 05:42 GMT

New York University Abu Dhabi honors class of 2017 at its fourth graduation ceremony

Students participate in a workshop at the last  QCDC Summer Career Camp
May 25th, 2017 - 05:32 GMT

Qatar Career Development Center opens registration for Summer Camp 2017

Etihad Airways Executive team with Fikra award winners
May 25th, 2017 - 05:24 GMT

Etihad Aviation group celebrates UAE youth innovation at inaugural Fikra awards

Displaying du  Continues to Give Back to UAE Communities Through Its Mawaed Al Rahman Volunteering Initiative
May 25th, 2017 - 05:16 GMT

du continues to give back to UAE communities through Its Mawaed Al Rahman volunteering initiative

HMC Honors Hundreds of Blood Donors Ahead of World Blood Donor Day
May 25th, 2017 - 05:06 GMT

HMC honors hundreds of blood donors ahead of World Blood Donor Day

OPEC members will meet on Thursday to discuss the prolongation of the oil cut deal. (AFP)
May 24th, 2017 - 05:00 GMT

Oil Prices Stall Ahead of Pivotal OPEC Meeting

The Emirati, who made his name at Emaar, also has several other e-commerce plays going after acquiring a large stake in regional venture capital fund MEVP last Thursday. (File photo)
May 24th, 2017 - 01:29 GMT

Emaar's Alabbar Acquires Majority Stake in E-commerce Site Namshi

Filipino low-cost airline Cebu Pacific is suspending operations to and from Kuwait, Riyadh and Doha, claiming that these routes are no longer viable. (AFP/ Jay Directo)
May 24th, 2017 - 12:49 GMT

Filipino Airline Suspends GCC Flights Saying Routes 'Not Viable'

Qatar said Wednesday it had begun an inquiry into an unprecedented security breach by hackers who posted fake news stories attributed to its ruler on highly sensitive regional political issues. (AFP/ Marwan Naamani)
May 24th, 2017 - 12:17 GMT

Hackers Target State-Owned News Agency, Defame Qatar's Emir

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