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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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AUC’s Robotix Club
March 20th, 2017 - 06:11 GMT

AUC’s Robotix Club builds underwater robot, advances to regional finals

During the event
March 20th, 2017 - 06:09 GMT

Her Excellency Sheikha Hind awards UCL Qatar students

Stanford University’s Dr. Thomas Blom Hansen
March 20th, 2017 - 06:06 GMT

First day of Georgetown Conference explores dynamics of Indian Ocean World

During the event
March 20th, 2017 - 06:01 GMT

Doha Bank organized a successful interaction with SME customers with theme ‘Financial & Business Solutions for SMEs’

During the event
March 20th, 2017 - 05:54 GMT

HMC celebrates GCC Nurses Day

Keeping your engine on when not necessary is a sure way to waste petrol. (Shutterstock)
March 20th, 2017 - 05:41 GMT

Beat the price rise with these fuel saving tips

Demonstrators protest against the government's decision to raise taxes to cover a salary increase for teachers and other public servants, Beirut,  March 19, 2017.  (AFP/Stringer)
March 20th, 2017 - 05:06 GMT

Lebanon: Angry tax protests continue for fourth consecutive day

The deal aims to promote the Kingdom’s economy, develop the ICT sector and build national talents who could lead the digital transformation drive at the national level. (Wikimedia Commons)
March 20th, 2017 - 05:00 GMT

Oracle to train 5,000 Saudi youth in IT over next four years

It is only the second time the iconic New York store has opened its doors outside of the US; the first was in Dubai Mall nearly eight years ago. (Photo courtesy of Gulf News)
March 19th, 2017 - 01:00 GMT

Al Tayer bucks the US department store trend with Bloomingdale's Kuwait opening

Saudi Arabia has sought to boost oil sales to China after losing market share to Russia last year. (File photo)
March 19th, 2017 - 12:33 GMT

Saudi Arabia to boost oil exports to China

More and more social media users are becoming easy preys to social media hoodwinkers. (File photo)
March 19th, 2017 - 11:47 GMT

Women in UAE should be especially cautious of social media fraud

The plant, planned to launch in December 2017, will make it possible to save the equivalent of six million cubic metres of gas per year. (File photo)
March 19th, 2017 - 11:26 GMT

Algeria expands into solar energy with new solar plant

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