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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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HE Saeed Mohammed Al Tayer MD&CEO - DEWA
March 22nd, 2017 - 05:59 GMT

Message of HE Saeed Mohammed Al Tayer, MD & CEO of DEWA for World Water Day 2017

The Trump family’s expenses during business trips abroad have been placed under scrutiny since the president assumed office. (Facebook)
March 21st, 2017 - 06:00 GMT

This is how much Trump sons’ trip to Dubai cost US taxpayers

A man serving tea in Cairo. (Shutterstock/ Orhan Cam)
March 21st, 2017 - 05:00 GMT

Inflation rate in Egypt hits highest level in 30 years

At least 38 people were killed and another 39 injured after two gunmen attacked a beach hotel in the Tunisian city of Sousse in June 2015. (AFP/File)
March 21st, 2017 - 04:00 GMT

Tunisia: Number of French tourists growing fast but still not enough

Bill Gates’ fortune grew from an estimated $75 billion last year to $86 billion in 2017. (Shutterstock/ GongTo)
March 21st, 2017 - 03:00 GMT

Arab billionaires step aside: Bill Gates continues to be world’s richest man

GCC governments have taken steps to shift the burden of funding services such as healthcare to the private insurance sector and away from government. (File photo)
March 21st, 2017 - 02:13 GMT

Health insurance market in GCC shows signs of recovery: S&P

The stone, valued at $60 million, has received the highest color and clarity grades from the Gemological Institute of America (GIA). (Sotheby)
March 21st, 2017 - 01:15 GMT

World's purest, rarest pink diamond leaves Dubai for an auction in Hong Kong

The increase in tobacco prices was mainly due to an increase in transportation, housing, water, electricity and fuel categories. (File photo)
March 21st, 2017 - 01:00 GMT

Tobacco prices in Oman up 23 percent

Princess Haya began horse riding internationally when she was 13. (Facebook)
March 21st, 2017 - 12:54 GMT

Racehorses are a great return on investment: Princess Haya

UEFA Champions League Final
March 21st, 2017 - 12:38 GMT

Become a winner of Nissan Al Babtain’s trip to the UEFA Champions League Final!

Bukhowa will be responsible for overseeing the bank’s operations, as well as the management of the international corporate and institutional clients’ segment in Qatar. (Gulf Times)
March 21st, 2017 - 11:55 GMT

Bank in Qatar appoints its first Arab CEO

During the event
March 21st, 2017 - 11:50 GMT

Doha Bank honoured with “Company of the year award” by Qatar University

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