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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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Qatar’s cost of living, based on consumer price index (CPI), fell marginally by 0.2 percent month-on-month this April, according to official estimates. (File photo)
May 18th, 2017 - 06:30 GMT

Qatar's Cost of Living Drops 0.2 Percent in April: Report

Lobby of Burj DAMAC Seaviews in Qatar
May 18th, 2017 - 06:26 GMT

DAMAC Properties launches Burj DAMAC Seaviews in Qatar

The Dubai Culture and Arts Authority
May 18th, 2017 - 06:13 GMT

Dubai Culture establishes ‘Dubai Museums Company’

Hamad Medical Corporation
May 18th, 2017 - 06:01 GMT

HMC welcomes sponsors for World Blood Donor Day 2017 activities

The $49-million hospital is scheduled to open in Dubai Science Park by late 2018. (Pixabay)
May 18th, 2017 - 05:53 GMT

Saudi Arabia, Qatar Join Hands to Build Neuro Spinal Hospital in Dubai

Saeed Mubarak Al Rashdi, Acting Chief Executive officer of ADNOC Distribution
May 18th, 2017 - 05:45 GMT

ADNOC Distribution completes phase 1 of ADNOC Xpress station network

During the event
May 18th, 2017 - 05:31 GMT

Lufthansa Technik Middle East: New facility is fully operational at Dubai South

Royal Jordanian Airlines
May 18th, 2017 - 05:20 GMT

RJ official carrier for the World Economic Forum

Saudi Arabia is planning to turn over 374,000 job opportunities in the private sector into jobs that can be performed from a distance and paid by the hour. (File photo)
May 17th, 2017 - 05:00 GMT

Saudi Arabia Introduces Flexible Work Options for Saudis

Sharm El Sheikh has been named Pinterest and Airbnb’s top trending destination. (Shutterstock)
May 17th, 2017 - 02:25 GMT

Sharm El Sheikh World's Top Trending Destination on Airbnb, Pinterest

A new research suggests that Internet trolls may be the product of nurture, not nature. In other words, they're made, not born. (Shutterstock)
May 17th, 2017 - 01:15 GMT

Born or Made: What Makes an Internet Troll?

A new study has shown that the majority of millennials in the UAE still haven't started saving for their retirement. (Shutterstock)
May 17th, 2017 - 01:11 GMT

UAE Millennials Not Saving Enough Money for Their Old Age

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