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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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InterContinental® Hotels & Resorts
March 21st, 2017 - 09:12 GMT

InterContinental® Hotels & Resorts explores the fascination of Dubai’s humble beginnings with acclaimed Emirati poet

Saudi Arabia is also developing a study into solutions for concealed commercial activities, in which expats work in the name of Saudis, such as allowing foreigners to invest within regulations by paying tax.(Shutterstock/Fitria Ramli)
March 21st, 2017 - 09:00 GMT

Saudi Arabia mulls self-employment tax option for foreigners

During the event
March 21st, 2017 - 08:47 GMT

Jafza organises American Business Forum

Majid Al Futtaim celebrates all mothers across the region
March 21st, 2017 - 08:46 GMT

Majid Al Futtaim celebrates all mothers across the region

Dr. Adnan Chilwan, Group Chief Executive Officer at Dubai Islamic Bank
March 21st, 2017 - 08:36 GMT

DIB supports Dubai’s vision of becoming the Happiest City in the World

2017 Ford Explorer
March 21st, 2017 - 08:36 GMT

Ford has family in mind on Mother’s Day

LG marks sale of 15 million refrigerators powered by its Inverter linear compressor technology
March 21st, 2017 - 08:20 GMT

LG marks sale of 15 million refrigerators powered by its Inverter linear compressor technology

High net-worth individuals (HNWIs) are defined as individuals with $2 million (Dh7.34 million) or more in investment assets. (File photo)
March 21st, 2017 - 08:00 GMT

Wealth Insight Report 2017: GCC's ultra-wealthy concerned by oil prices, instability

The resumption of Saudi oil deliveries to Egypt signal a potential thaw in relations after months of tension.  (AFP/Hassan Anmar)
March 21st, 2017 - 07:00 GMT

Saudi Aramco to resume oil shipments to Egypt after six month suspension

During the event
March 21st, 2017 - 06:58 GMT

Huawei signs partnership with Industrial Systems Group to manufacture UPS units in the Kingdom

Ahmad Zureiki, Collaboration Lead, Cisco Middle East
March 21st, 2017 - 06:37 GMT

Cisco wins Unified Communications Vendor of the Year at Network Middle East Innovation Awards 2017

Al Bawaba
March 21st, 2017 - 06:12 GMT

WISH signs MoU with Mental Health Friends Association ‘Weyak’

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