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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 Chinese government is set to pump in around $40 billion into big development projects in Egypt as part of its ambitious One Belt One Road (OBOR) initiative. (AFP)
May 16th, 2017 - 12:29 GMT

Egypt Announces Heavy Chinese Investments in Vital Projects

An Emirati man with his falcon. (Pixabay)
May 16th, 2017 - 12:02 GMT

UAE’s Non-Oil Growth to Pick Up in 2017: IMF

Kuwait’s oil minister Essam Marzouk has expressed his country’s support for an oil cut deal extension previously agreed by Saudi Arabia and Russia. (AFP/ Yasser Al-Zayyat)
May 16th, 2017 - 11:30 GMT

Kuwait Backs Saudi, Russian Call to Extend Oil Output Cut Into 2018

Kempinski Hotel & Residences Palm Jumeirah
May 16th, 2017 - 09:16 GMT

Kempinski Hotel & Residences Palm Jumeirah celebrates Ramadan traditions

Software AG
May 16th, 2017 - 08:55 GMT

Software AG accelerates growth in its Digital Business

Mr Shadi Bakhour addressing the partners at 'Canon for Business Oman 2017
May 16th, 2017 - 08:45 GMT

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

Hilton Al Ain
May 16th, 2017 - 08:05 GMT

Hilton Al Ain celebrates Ramadan traditions

ENOC Awards 2017
May 16th, 2017 - 07:42 GMT

ENOC Awards 2017 recognises distinguished and high performing employees

The interior of the new S-Class
May 16th, 2017 - 07:35 GMT

The new S-Class takes Shanghai show by storm

Frida Kleimert, Channel Lead – East Region, Cisco Middle East share her journey with the students at Cisco’s Girls Power Tech
May 16th, 2017 - 07:20 GMT

Cisco encourages female students to pursue careers in technology through its girls power tech program

Huawei and Hamad International Airport(HIA) signed a Memorandum of Understanding (MoU)
May 16th, 2017 - 07:02 GMT

Huawei and Hamad International Airport enter into a strategic partnership for co-innovation

During the event
May 16th, 2017 - 06:53 GMT

Al Wakra hospital achieves milestone in pressure ulcer prevention

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