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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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BP will own 100% of the new gas field. (File photo)
March 27th, 2017 - 02:00 GMT

BP discovers not first or second.. But THIRD gas field in Egypt

The US dollar index slipped to 99.05 points on Monday, its lowest reading since last November’s American presidential election. (File photo)
March 27th, 2017 - 01:32 GMT

Turkish lira advances on US dollar after Trump's healthcare defeat

Your attitude is your altitude. (Pixabay)
March 27th, 2017 - 01:18 GMT

Expert advice: 3 aspects of a job hunt that are a no-brainer

The US bird flu outbreak is believed to have begun on March 1. (Pixabay)
March 27th, 2017 - 01:00 GMT

Bird flu outbreak: Saudi Arabia bans birds from US, Malaysia

Muscat, the capital of Oman. (Shutterstock)
March 27th, 2017 - 12:30 GMT

Oman, Iran ink agreement to boost trade, financial cooperation

A drone. (File photo)
March 27th, 2017 - 11:57 GMT

Middle East’s first drone factory to open in.. Saudi Arabia

Dubai is home to 100,000 hotel rooms. (Pixabay)
March 27th, 2017 - 11:43 GMT

Dubai makes it to world's top 10 cities with most hotel rooms

Rixos Hotels adds a luxurious touch to the urban lifestyle in JBR with the launch of Rixos Premium Dubai
March 27th, 2017 - 11:12 GMT

Rixos Hotels adds a luxurious touch to the urban lifestyle in JBR with the launch of Rixos Premium Dubai

Jordanian investments in Saudi Arabia amount to $2 billion. (AFP/File)
March 27th, 2017 - 11:03 GMT

Jordan, Saudi Arabia launch fund to boost trade, investment

During the event
March 27th, 2017 - 10:55 GMT

Doha Bank switches off for Earth Hour

Canon Middle East celebrates Earth Hour 2017
March 27th, 2017 - 10:31 GMT

Canon Middle East celebrates Earth Hour 2017

Jaguar F-PACE among finalists for two World Car Awards trophies
March 27th, 2017 - 10:18 GMT

Jaguar F-PACE among finalists for two World Car Awards trophies

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