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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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The UAE and Qatar have announced reduced working hours in Ramadan for all employees. (File photo)
May 24th, 2017 - 11:44 GMT

UAE, Qatar Announce Reduced Working Hours in Ramadan

40 percent use health apps on mobile devices and 14 percent use wearable technology.
May 24th, 2017 - 11:28 GMT

Saudi consumers use health apps, wearables to manage their health

The new e-commerce platform will offer delivery of fresh products to any part of the country.
May 24th, 2017 - 11:08 GMT

Danube introduces online grocery app

Israeli Prime Minister Benjamin Netanyahu attends a cabinet meeting in Jerusalem on March 16, 2017. (AFP/ Amir Cohen)
May 24th, 2017 - 10:57 GMT

Massive US-Saudi Arms Deal Upsets Israeli Officials

Dubai Institute of Design and Innovation (DIDI), in partnership with Dubai Design & Fashion Council
May 24th, 2017 - 10:52 GMT

DIDI launches Project Design Space to nurture next generation of UAE Designers

The Dubai Customs’ program of activities specially designed for this Ramadan aims to bring together both employees and the community.
May 24th, 2017 - 10:39 GMT

Dubai Customs launches its Ramadan program of activities themed “Our Gathering is Different in the Blessed Month”

Kuwait Airways can now use the Amadeus Altéa Suite to optimize sales, revenue generation and growth for the airline.
May 24th, 2017 - 10:33 GMT

Kuwait Airways migration to new IT system ends in just a matter of hours

The 20th edition will offer residents and visitors an exciting six week calendar of sales and family entertainment.
May 24th, 2017 - 10:10 GMT

Dubai to get 6-week-long sale of up to 75% discount in Ramadan

Kaspersky Lab
May 24th, 2017 - 09:44 GMT

Kaspersky Fraud Prevention Cloud enables machine learning and big data analysis for enhanced multi-channel protection

LG SIGNATURE OLED TV W
May 24th, 2017 - 09:25 GMT

LG signature OLED TV W marks its entry in the UAE with world’s-first wallpaper design

The company prides itself on delivering the most-effective and affordable digital solutions to help its customers achieve growth and contribute to Oman’s development.
May 24th, 2017 - 09:05 GMT

Ooredoo unites SMEs during B2B event

Visit to Turkmenistan
May 24th, 2017 - 08:20 GMT

ENOC Group adds E&P arm to strengthen its upstream business through Dragon Oil integration

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