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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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More than 4.4 million hotel guests were recorded in Abu Dhabi over the course of 2016, 4.9 million are expected in 2017. (Pixabay)
April 2nd, 2017 - 09:26 GMT

Abu Dhabi: Statistics show unprecedented growth in hotel reservations

Al Mazroui Handover
April 2nd, 2017 - 09:21 GMT

Daimler Commercial Vehicles MENA and EMC deliver 27 Mercedes-Benz Zetros trucks to Suhail Al Mazroui Est.

During the event
April 2nd, 2017 - 09:12 GMT

Millennium Resort Mussanah celebrates long-serving team members

FGB and NBAD merger ceremony at Abu Dhabi Securities Exchange (ADX).
April 2nd, 2017 - 08:47 GMT

FGB and NBAD merge to create UAE's biggest bank and one of the world's largest financial institutions

Huawei
April 2nd, 2017 - 08:26 GMT

Huawei 2016 annual report: solid growth and sustained investment in the future

The project will cover a total area of 400,000 square metres and will be built through two stages. The construction work for the first phase will start by next year.
April 2nd, 2017 - 08:20 GMT

Oman unveils $1B tourism project for Muscat

Jannah Resort & Villas Ras Al Khaimah
April 2nd, 2017 - 08:17 GMT

Nature meets leisure at Jannah Mina Al Arab

According to the report, Dubai saw nearly 11.5 percent fewer new investment projects last year. (Pixabay)
April 2nd, 2017 - 08:04 GMT

Foreign direct investment in Dubai falls 11 percent: Report

During the event
April 2nd, 2017 - 07:45 GMT

Ramada Ajman recognised by Wyndham for CSR efforts

LG Dual-view Curved Tiling OLED display - to be showcased by LG Electronics and United Naghi CO. Pro-ICT at The Hotel Show Saudi Arabia 2017
April 2nd, 2017 - 07:06 GMT

LG Electronics to unveil groundbreaking hospitality technologies in Saudi Arabia

During the event
April 2nd, 2017 - 06:46 GMT

Doha Bank illustrates strong reputation with key award at EMEA Finance Middle East Banking Awards 2017

Hamad Medical Corporation
April 2nd, 2017 - 06:14 GMT

Study suggests improper antibiotic use in private clinics in Qatar

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