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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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A special offer for the special month. (Pixabay)
May 23rd, 2017 - 03:47 GMT

Special Month, Special Offers: 50 Percent Discount on Traffic Fines for Ramadan

The emirate of Abu Dhabi seeks to rationalize 50 percent of the water used in mosques by replacing normal taps with other more efficient ones. (Shutterstock)
May 23rd, 2017 - 02:00 GMT

Ramadan Resolutions: Abu Dhabi to Reduce Water Consumption in Mosques by 50 Percent

Taking place in Dubai on 22-23 May, the Arab Luxury World 2017 forum features an agenda of speeches and panel discussions by more than 70 speakers. (Arab News)
May 23rd, 2017 - 01:12 GMT

'E-commerce and Luxury Go Hand-in-Hand,' Say Panelists at Arab Luxury World 2017

Turkish President Recep Tayyip Erdogan (L) "hesitantly" shakes hands with his Russian counterpart Vladimir Putin after a joint press conference following their meeting at the Bocharov Ruchei state residence in Sochi on May 3, 2017. (AFP/ Alexander Nemenov)
May 23rd, 2017 - 12:19 GMT

Two Years Later: Turkey, Russia Agree to Remove Trade Barriers

Doha Bank is recognized as one of the few ‘Domestic Systemically Important Bank’ (DSIB) in Qatar.
May 23rd, 2017 - 11:56 GMT

Doha bank won the “Best Bank Governance – Qatar 2017”

Mr Shadi Bakhour addressing the partners at 'Canon for Business Oman 2017'
May 23rd, 2017 - 11:42 GMT

Canon unveils ‘Explore, Inspire, Improve’ concept to help Omani businesses realise their hidden potential

With Snapchat seeing a rise of over 12 million users in the MENA region, Al Jazeera believes it's an ideal place to reach these audiences.
May 23rd, 2017 - 11:30 GMT

Al Jazeera launches innovative Arabic content on Snapchat's Discover

The honors are conferred to students based on their academic performance
May 23rd, 2017 - 11:19 GMT

NU-Q students receive highest honors

US President Donald Trump submitted a proposal to sell off half of the US oil stockpile as a way to curb the national debt. (AFP/ File)
May 23rd, 2017 - 11:15 GMT

Trump's Proposal to Sell Half of US Reserves Threatens Another Oil Glut

Kevin Cha, President, LG Electronics, Middle East & Africa
May 23rd, 2017 - 11:11 GMT

Progressive Trends instrumental in shaping up the smartphone industry

Sayed Hashish, Regional General Manager for Microsoft Gulf
May 23rd, 2017 - 11:07 GMT

Microsoft appoints new General Manager for Gulf Region

Ericsson
May 23rd, 2017 - 10:51 GMT

Ericsson and Landmark to build intelligent IoT microgrid

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