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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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Feras Al Sheikh, Director of Consumer Sales at Ooredoo
May 24th, 2017 - 06:09 GMT

Ooredoo brings back Shahry Nights data promotion in celebration of Ramadan

Bayzat has raised $3 million in new funding, after it raised $3.5 million in November last year in a round led by BECO Capital. (YouTube/ Bayzat)
May 24th, 2017 - 06:00 GMT

UAE Startup Bayzat Raises Another $3 Million in Funding

The MoU was signed by Eman Badr Al-Suwaidy, Director of Customs Declaration Management, Owner of AEO and Dr Daniel Evans, Representative of Centre for Customs and Excise Studies in the UAE.
May 24th, 2017 - 05:57 GMT

Dubai Customs signs MoU with Charles Sturt University to establish a research center

The students provided volunteer service work for Tanzanian initiative called RASA (Reach All, Serve All).
May 24th, 2017 - 05:33 GMT

WCM-Q students visit Tanzania to learn about global health challenges

During the ceremony, Awards for Excellence in all disciplines were distributed
May 24th, 2017 - 05:24 GMT

Qatar Academy Al Khor holds first graduation ceremony

Then French President Francois Hollande (L) and French President-elect Emmanuel Macron at a special ceremony at the Jardin du Luxembourg, on May 10, 2017. (AFP/ Eric Feferberg)
May 23rd, 2017 - 08:00 GMT

Saudi Arabia Is France's Largest Market in the Middle East: Diplomat

A Boeing aircraft takes off in Belgium. (AFP/ Philippe Huguen)
May 23rd, 2017 - 07:00 GMT

Aviation at the Heart of Saudi-US Relations, and the Proof Is Boeing

A worker looks at the 9HA Gas Turbine, at the General Electric (GE) plant in Belfort, France, on May 28, 2015. (AFP/ Frederick Florin)
May 23rd, 2017 - 06:00 GMT

General Electric Eyes Further Expansion in Qatar

All private sector establishments in Saudi Arabia with an annual revenue of over SR375,000 ($100,000) will be paying monthly VAT starting January 2018. (Shutterstock)
May 23rd, 2017 - 05:00 GMT

Saudi Arabia: Companies With Revenues More Than $100,000 Must Pay VAT in 2018

Cyber criminals are going after the weakest link: Employees. (Shutterstock)
May 23rd, 2017 - 04:16 GMT

Managers Beware: Employee Errors Doorway to Most Cyber Attacks

‘Ok Google, send $25 to mom’ is all you need to do - say - to transfer money from the debit card linked to your Google Account to the recipient (AKA your mom). (Shutterstock)
May 23rd, 2017 - 04:04 GMT

'Ok Google, Send $25 to Mom': Google Voice Assistant to Let You Send Money Using Your Debit Card

Built in 1907 by the Italian architect Antonio Lasciac for Princess Aisha Fahmy, whose father was the head of the army during the reign of King Fouad I, the mansion is considered one of that era’s masterpieces. (Daily News Egypt)
May 23rd, 2017 - 03:54 GMT

King Farouk Inspired Palace in Egypt Opens After 15 Years of Renovation

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