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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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Today is Al Danah’s KD200,000 first quarterly draw
March 29th, 2017 - 07:04 GMT

Today is Al Danah’s KD200,000 first quarterly draw

The times are tough for car dealers in the UAE. (File photo)
March 29th, 2017 - 07:00 GMT

Car sales down in UAE as consumers put the brakes on their spending

Canon Middle East
March 29th, 2017 - 06:46 GMT

Canon Europe acquires Kite.ly to expand mobile printing capabilities

Harish Chib, Vice President, Middle East & Africa, Sophos
March 29th, 2017 - 06:42 GMT

Sophos-Sponsored Study finds complexity is driving the need for integrated security in Middle East

ROSATOM
March 29th, 2017 - 06:42 GMT

Russia and Egypt continue to develop their cooperation in nuclear education

Mudon
March 29th, 2017 - 06:35 GMT

Dubai Property launches new apartment project Mudon Views amidst rising demand in the heart of Dubailand

Sultan bin Sulayem,DP World Group Chairman & CEO and Chairman of Ports
March 29th, 2017 - 06:20 GMT

PCFC to participate in Dubai Government Achievements Exhibition

In 2016, the country secured a total of $280 million of foreign inward investment from 40 new companies. (File photo)
March 29th, 2017 - 06:00 GMT

Bahrain promises growth, market reforms in return for foreign investment

The UAE is still on track to implement VAT from January 1, 2018.
March 29th, 2017 - 05:00 GMT

UAE to exempt new residential property from VAT

Shafafiya Forum
March 29th, 2017 - 03:40 GMT

Burgan Bank to hold its Annual General Assembly and Shafafiya Forum today

The terrifying 360 degree video shows a gas fire left unattended in a living room, which bursts into flames, and fills the room with black smoke in a matter of seconds. (New Zealand Fire Service)
March 28th, 2017 - 09:48 GMT

This virtual reality simulator shows how fast a fire can destroy a room

Dubai shuts down 25 percent of its shawarma shops. (File photo)
March 28th, 2017 - 09:29 GMT

Bye bye shawarma.. Dubai shuts down 141 ‘shawarma shops'

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