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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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Picture of Firoz Merchant, Chairman, Pure Gold Jewellers
May 22nd, 2017 - 07:36 GMT

Pure Gold Jewellers extends support to Faraj Fund and Ajman Police

Jannah Hotels & Resorts
May 22nd, 2017 - 07:27 GMT

Jannah Place Dubai Marina unveils exclusive Ramadan rates

Burj Khalifa is the world’s fifth most photographed location with 1,446,682 images on Instagram. (File photo)
May 22nd, 2017 - 07:00 GMT

Burj Khalifa, Burj Al Arab Among World’s Most Instagrammed Tourist Attractions

HUAWEI WATCH 2
May 22nd, 2017 - 06:44 GMT

The complete smart fitness watch arrives with HUAWEI WATCH 2

Mövenpick Hotel Ibn Battuta Gate hosts over 70 of their key leaders for their annual Mövenpick Business Academy
May 22nd, 2017 - 06:00 GMT

Mövenpick Hotels & Resorts hosts another successful Business Academy event at the Mövenpick Hotel Ibn Battuta Gate, Dubai

Foreign laborers working in road construction in Oman. (AFP)
May 22nd, 2017 - 06:00 GMT

Oman to Ease Work Permits for Expats

Arif Amiri, Chief Executive Officer of DIFC Authority
May 22nd, 2017 - 05:36 GMT

Asset Management Firms select Dubai International Financial Centre as destination of choice for Property Funds and Real Estate Investment Trusts

Clinicians from HMC’s gynecology-oncology and colposcopy clinics welcome patients to WWRC’s Outpatient Department
May 22nd, 2017 - 05:31 GMT

Women’s Wellness and Research Center welcomes patients to its gynecology-Oncology and colposcopy clinics

Hamad Medical Corporation
May 22nd, 2017 - 05:27 GMT

HMC commemorates international day to end Obstetric Fistula

Due for completion in 2020, the tower is a mixed-use high-rise building in the heart of Dubai. (Arabtec Holding)
May 22nd, 2017 - 05:00 GMT

Arabtec Wins $398 Million Contract for 2020 Tower in Dubai

The Commercial International Bank (CIB) received the Bank of the Year award, following a year of strong and balanced performance. (Daily News Egypt)
May 21st, 2017 - 07:00 GMT

CIB Named Best Bank in Egypt for 2017

Jordan is joining reconstruction efforts in war-ravaged countries in the region, a World Bank official said. (AFP/ File)
May 21st, 2017 - 06:00 GMT

Jordan to Join Reconstruction Efforts of War-Torn Countries: World Bank

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