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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 report shows that Saudi Telecom Company (STC) is the most valuable brand in the country worth $6.6 billion. (Shutterstock)
March 30th, 2017 - 11:32 GMT

STC, Al Rajhi Bank most valuable brands in Saudi Arabia: Report

The scope of work includes construction of 37-km-long roads, which consist of three lanes in each direction, with two safety lanes and nine multi-storey intersections. (Pexels)
March 30th, 2017 - 11:12 GMT

Egyptian firm wins $561M Kuwait road project

Huawei
March 30th, 2017 - 11:11 GMT

Huawei wins Global product leadership Award from Frost & Sullivan with Revolutionary Telecom Energy Products

Xerox
March 30th, 2017 - 10:47 GMT

Wish your office equipment worked like your smartphone?

The estimated cost of the project, to be built on 1.2 million square meters, amounts to SR1.3 billion ($346.6 million). (Pixabay)
March 30th, 2017 - 10:31 GMT

Jordan, Saudi Arabia to co-build medical city in Riyadh

Windows 10
March 30th, 2017 - 10:24 GMT

Citrix collaborates with Samsung to deliver desktop experience on Samsung Galaxy S8 with Samsung DeX

During the event
March 30th, 2017 - 09:59 GMT

Dubai Culture lifts the lid on its ‘Reading Box’ initiative

The offer valid for passengers with first and business class tickets on all Etihad flights to the US. (File photo)
March 30th, 2017 - 09:23 GMT

Etihad fights US electronics ban with free wi-fi, iPads

During the meeting with the Salvadorian delegation
March 30th, 2017 - 09:05 GMT

Ministry of Economy seeks stronger ties with Turkey, Brazil & El Salvador on sidelines of Global Manufacturing and Industrialisation Summit

Qatar is the second largest exporter of natural gas in the world. (Pixabay)
March 30th, 2017 - 08:36 GMT

Qatar's energy sector is moving towards renewable energy: Minister

Siemens wins order from Argentina for four industrial power plants
March 30th, 2017 - 08:35 GMT

Siemens wins order from Argentina for four industrial power plants

ENOC-His Excellency Saif Humaid Al Falasi
March 30th, 2017 - 08:27 GMT

Tasjeel signs vehicle testing agreement with UDrive

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