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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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An Egyptian artist has created a 700 metre long Qur'an after a three and a half year endeavour and is hoping the recreation of the Muslim holy book could win him a Guinness World Record. (Pixabay)
May 14th, 2017 - 03:36 GMT

Egyptian Artist May Have Created World's Largest Handwritten Qur'an

Whether you are a lover of nature or someone who likes museums and a cultural stroll, the UAE has it all at less than Dh20 ($5). (Pexels)
May 14th, 2017 - 03:31 GMT

20 Things to Do in UAE for Less Than Dh20

The report expects Beirut to witness a busy summer season with high demand from the Lebanese diaspora living abroad. (Shutterstock)
May 14th, 2017 - 02:00 GMT

Beirut, Aqaba Top Tourist Destinations in Middle East This Summer: Report

Saudi Arabia's first-ever budget report shows a 115 percent increase in the country's oil revenues, reaching SR112 billion ($29.8 billion) in the first quarter of 2017. (File photo)
May 14th, 2017 - 01:39 GMT

Saudi Arabia Sees 115 Percent Increase in Oil Revenues in Q1 2017: Report

JadoPado's CEO Omar Kassim. (Twitter)
May 14th, 2017 - 01:00 GMT

Buyer of Dubai's JadoPado Website Finally Revealed

The spread of the ransomware appeared to have stopped on Saturday after a security researcher registered a domain name connected to the malware. But is it really over? (Shutterstock)
May 14th, 2017 - 12:32 GMT

What Is Ransomware and What Can You Do to Protect Yourself?

Sultan Al Wahaibi, Ooredoo Chief Business & Wholesale Officer
May 14th, 2017 - 11:59 GMT

Ooredoo appoints new Chief Business & Wholesale Officer

During handing over the accreditation by FAA to HBMSU
May 14th, 2017 - 11:47 GMT

GCC’s first: HBMSU Master's Program in Islamic Banking and Finance obtains full academic accreditation from Finance Accreditation Agency

Burj Khalifa by Emaar Properties
May 14th, 2017 - 11:05 GMT

Emaar Properties records 15% growth in net profit to AED 1.384 billion (US$ 377 million) in Q1 2017

Omar Bushahab, CEO of Business Registration & Licensing (BRL) in Dubai Economy
May 14th, 2017 - 10:47 GMT

Dubai Economy sees 12% increase in licenses issued in Q1 2017

Oce Colorado 1640 BCK
May 14th, 2017 - 10:10 GMT

Canon at FESPA 2017: innovations and applications to inspire business growth

Smart Twinwash
May 14th, 2017 - 10:02 GMT

From a house to a smart home: LG smart technology helps make homes more comfortable and safe

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