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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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61% of UAE respondents expect the cost of living to increase in the next six months. (File photo)
March 21st, 2017 - 11:37 GMT

Here's everything you need to know about the economy, job conditions in the UAE

Sheikh Mohammed bin Rashid Al Maktoum deemed the event as a national achievement accomplished by the country. (WAM)
March 21st, 2017 - 11:03 GMT

Mohammed bin Rashid inaugurates phase 2 of solar park in Dubai

Infographic-Mastercard Decision Intelligence
March 21st, 2017 - 11:00 GMT

Mastercard launches Decision Intelligence in Middle East and Africa at Global Risk Leadership Forum 2017

Raed Dawood, Director of Government Relations and Corporate Affairs
March 21st, 2017 - 10:54 GMT

Ooredoo advises customers on combatting scam calls

The Sheraton Grand Hotel, Dubai
March 21st, 2017 - 10:39 GMT

Sheraton Grand Hotel, Dubai shines light on climate change during Earth Hour

Samsung QLED TV
March 21st, 2017 - 10:28 GMT

Samsung’s 2017 QLED TV Line-up awarded UHD Alliance Premium certification

Lebanon believes that its economic waters contain 850 million barrels of oil and no less than 2,700 BCM of natural gas, similar to Israel's potential, including the fields that have already been discovered.  (Shutterstock)
March 21st, 2017 - 10:00 GMT

Israel appeals to US, UN over gas tender dispute with Lebanon

During the event
March 21st, 2017 - 09:58 GMT

RJ celebrates Mother’s Day at Haya Cultural Center

Saeed Al Abbar, Chairman of EmiratesGBC
March 21st, 2017 - 09:52 GMT

6th Annual EmiratesGBC Congress to focus on ‘Urban Energy: Powering Smart, Happy & Efficient Cities’

During the event
March 21st, 2017 - 09:45 GMT

Ministry of Finance launches phase one of tax awareness workshops in the UAE

‘Walk for a Cause’ organised by Etihad Aviation Group at the Um Al Emarat Park last week
March 21st, 2017 - 09:31 GMT

Etihad Aviation Group holds fifth ‘Walk for a Cause’ At Um Al Emarat Park

Canon at CABSAT 2017 - Anurag Agrawal, MD at Canon Middle East and Shaikh Hasher bin Maktoum Al Maktoum, Director General of Dubai’s Department of Information
March 21st, 2017 - 09:25 GMT

Canon Middle East continues to strengthen its support for filmmaking industry in the MENA region

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