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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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Saud Abu Al-Shawareb, Chief Operating Officer of Dubai Industrial Park
March 26th, 2017 - 07:00 GMT

Dulsco begins construction work for new recycling plant at Dubai Industrial Park

The new seasonal non-stop service provides passengers the chance to discover Turkey’s historic port city
March 26th, 2017 - 06:43 GMT

Air Arabia adds Trabzon to Turkey network

Huawei Mate 9 Lens
March 26th, 2017 - 06:38 GMT

Huawei ranked among top global companies in R&D spending with 37 billion USD investments

4th Roche Days Middle East
March 26th, 2017 - 06:27 GMT

Biolab participates in the 4th Roche Days Middle East

Teachers participate in an interactive workshop, part of WISE’s Empowering Leaders of Learning (ELL) program designed to improve student outcomes
March 26th, 2017 - 06:16 GMT

WISE concludes workshop series designed to support local school leaders

ENOC Earth Hour
March 26th, 2017 - 06:08 GMT

ENOC participates in Earth Hour 2017

TechSource wins top industry award
March 26th, 2017 - 05:58 GMT

Dubai Investments subsidiary TechSource wins award for Top 10 Best IT companies to work in the UAE

Lesson #1: Embrace diversity. (Shutterstock)
March 26th, 2017 - 05:00 GMT

5 life lessons expats in Dubai can only learn the hard way

Costing QR6.5 billion, Doha Festival City is set to be among the largest malls in the GCC when it opens in April. (Shutterstock)
March 23rd, 2017 - 04:40 GMT

Qatar gears up for 2022 World Cup with more... Shopping malls!

The Islamic, or halal, food industry is valued at about $2 trillion a year. (File photo)
March 23rd, 2017 - 04:06 GMT

Oman eyes share of the halal food industry

Saudi Arabia's beef imports from Brazil were 28,676 tonnes in the period from February 2016 through January 2017. (Shutterstock)
March 23rd, 2017 - 03:48 GMT

Saudi Arabia suspends meat imports from Brazil over food safety fears

You will now be able to book a table or squeeze in a trim at a local barber with simple clicks on the Instagram app.
 (Shutterstock)
March 23rd, 2017 - 02:39 GMT

Instagram is rolling out a new feature that will make your life so much easier

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