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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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Laptops will be available to Business Class passengers travelling on all US-bound flights from next week. (File photo)
March 31st, 2017 - 10:49 GMT

US electronics ban: Qatar Airways follows suit with free laptops, Wi-Fi on US-bound flights

Jeff Bezos added $1.5 billion to his fortune after Amazon gained $9 billion in market value following the Souq.com deal. (AFP/David Ryder)
March 30th, 2017 - 08:52 GMT

Souq.com deal makes Amazon's CEO Jeff Bezos second-richest man in the world

Saudi Deputy Crown Prince Mohammed bin Salman. (AFP/File)
March 30th, 2017 - 02:31 GMT

Saudi deputy crown prince most influential figure in oil and gas shipping: Tankers Power List 2017

The Samsung Galaxy S8 comes brimming with new features, including a security system that utilizes facial recognition software and a new digital assistant named Bixby. (Facebook)
March 30th, 2017 - 02:19 GMT

Meet Bixby, your new digital assistant on Samsung Galaxy S8

Most properties advertised for rent in Dubai today are still beyond the reach of low to middle-income earners. (Pixabay)
March 30th, 2017 - 01:57 GMT

Why are expats in Dubai struggling with rents?

Companies can get very creative in devising non-cash ways to recognize and reward their employees. (Pixabay)
March 30th, 2017 - 01:39 GMT

Tips for employers: 5 ways to reward your employees that don't include money

The airline is going through a crisis, which has a big impact on revenue and profits. (Shutterstock)
March 30th, 2017 - 01:00 GMT

Bad news for Egypt: EgyptAir reports $830M losses as result of currency flotation

During the event
March 30th, 2017 - 12:56 GMT

Microsoft addresses Cyber Security in the era of Digital Transformation

ART Rotana
March 30th, 2017 - 12:48 GMT

ART Rotana receives global recognition at Prestigious International Hotel & Property Awards 2017

Monther Al Mamari Ooredoo’s Director of Business Product Management
March 30th, 2017 - 12:26 GMT

Ooredoo hosts Sohar and Battinah SME Customer Event

The award will be granted annually to industrial innovations that serve the humanity and contribute to re-building the world economic prosperity. (Shutterstock)
March 30th, 2017 - 12:12 GMT

UAE wants to celebrate industrial innovations with a new award

From the exhibition
March 30th, 2017 - 11:51 GMT

DEWA Women's Committee organizes ‘Laha Exhibition’ to support Emirati talent and promote happiness among employees

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