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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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Syrian refugees in Jordan represent almost 20 percent of the country's population. (AFP/File)
March 22nd, 2017 - 02:18 GMT

Jordan receives only 3 percent of funding required for its 1.3M Syrian refugees

The iPhone 7 and iPhone 7 Plus Special Edition (PRODUCT)RED are going to start getting sold from March 24. (Apple)
March 22nd, 2017 - 01:44 GMT

Apple launches iPhone 7 Red and we love it!

Amazon has restarted talks to acquire Souq.com for as much as $650M. (Shutterstock/ Eric Broder)
March 22nd, 2017 - 01:17 GMT

Amazon resumes takeover talks with UAE's Souq.com

Feras Al Sheikh, Director of Consumer Sales at Ooredoo
March 22nd, 2017 - 12:12 GMT

Ooredoo reaches 2 million Nojoom subscribers

Field and well development plans are already underway and the first development well has been drilled. (File photo)
March 22nd, 2017 - 12:00 GMT

New project to increase Oman’s gas production by 40 percent: BP

Oman Oil Marketing Company  - Mobile Filling Stations
March 22nd, 2017 - 11:37 GMT

Oman Oil Marketing Company launches new mobile filling station

During the event
March 22nd, 2017 - 11:30 GMT

National Bank of Fujairah claims unprecedented victory with five accolades at the 2017 Banker Middle East UAE Product Awards

DSOA
March 22nd, 2017 - 11:19 GMT

Dubai Silicon Oasis opens electric vehicle charging stations for free public use

Eyad Shami
March 22nd, 2017 - 11:02 GMT

Citrix awards Regional Business Partners at Annual Channel Event

The UN warned last year that Gaza may become uninhabitable by 2020. (AFP/File)
March 22nd, 2017 - 11:00 GMT

Israel fully accountable for water crisis in Gaza: Official

During the event
March 22nd, 2017 - 10:38 GMT

HMC celebrates World Down Syndrome Day with Patients and their Families

Qatar Foundation
March 22nd, 2017 - 10:32 GMT

Qatar Foundation International’s Madar Al-Huruf Arabic learning app among top 40 World Summit Award winners

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