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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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Chinese 3D printing firm will build 1.5 million 3D printed houses in Saudi Arabia. (Shutterstock)
March 23rd, 2017 - 09:34 GMT

China helps Saudi Arabia reduce labor, material costs with 3D printed houses

UAE Ministry of Economy
March 23rd, 2017 - 09:33 GMT

Roadshow promoting UAE tourism kicks off in China next week

Allen Lu, Head of Huawei ME Video MET
March 23rd, 2017 - 09:26 GMT

Huawei shares its vision for video in the region at CABSAT

Said Al Mawali, Department Head for SME & SOHO Propositions
March 23rd, 2017 - 09:17 GMT

Ooredoo Entrepreneur programme prepares SMEs for success

Mövenpick Hotels & Resorts
March 23rd, 2017 - 09:06 GMT

Mövenpick Hotels & Resorts to make moves in Oman as firm inks first Muscat hotel management contract

Ziyad Bin Mahfouz, CEO of Elaf Group to go along with the press release
March 23rd, 2017 - 08:23 GMT

Elaf to showcase expanding hotel brands at Saudi Travel and Tourism Investment Market 2017

Several countries are suspending their imports of meat from Brazil in the wake of allegations that companies had been exporting rotten meat. (File photo)
March 23rd, 2017 - 08:00 GMT

Jordan has no plans to suspend imports in wake of Brazil's meat scandal

ASUS
March 23rd, 2017 - 07:40 GMT

ASUS Republic of Gamers announces Strix GeForce GTX 1080 Ti

During the event
March 23rd, 2017 - 07:34 GMT

Zayed University signs MoU with Urban Arts Projects

During the event
March 23rd, 2017 - 07:25 GMT

Rixos Bab Al Bahr introduces ultra-all-inclusive packages for meetings and events

During the event
March 23rd, 2017 - 07:19 GMT

Etihad Airways and norland celebrate the graduation of the 2000th Flying Nanny

The UAE has seen a 12 percent increase in tourists after it offered visas on arrival to visitors from China and Russia. (File photo)
March 23rd, 2017 - 07:00 GMT

Dubai is reaping the fruits of its 'visa on arrival' policy

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