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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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Sona Shah
March 16th, 2017 - 06:18 GMT

The St. Regis Abu Dhabi announces new Director of Marketing

During AUC’s Media Roundtable Discussion
March 16th, 2017 - 06:06 GMT

At AUC’s Media Roundtable Discussion: Experts discussed sexual harassment in Egypt

During the event
March 16th, 2017 - 06:03 GMT

Qatar Biobank Conference concludes with call for regional cooperation

Students from Hassan bin Thabit Independent Secondary School for Boys who were awarded second place in the Qur’anic Botanic Garden’s inaugural ‘Plants of the Holy Qur’an and Hadith’ contest’
March 16th, 2017 - 06:00 GMT

Qur’anic Botanic Garden honors winners of Plants Contest

Saudi banks are more profitable than most of their GCC peers. (File photo)
March 16th, 2017 - 06:00 GMT

Banking sector in Saudi Arabia strongest in GCC

During the event
March 16th, 2017 - 05:55 GMT

Doha Bank named ‘Best Trade Finance Bank’ in Qatar at Global Finance Awards 2017

During the event
March 16th, 2017 - 05:54 GMT

DEWA & University of Cambridge Institute for Sustainability Leadership organise Sustainability Leadership Conference

Be open with your significant other about your full financial picture. (Shutterstock)
March 16th, 2017 - 05:27 GMT

Unromantic perhaps, but building a life together includes financial matters

A recent study conducted by Google highlighted that the UAE ranked number one in global smartphone penetration at 73.8 percent. (Shutterstock)
March 16th, 2017 - 05:18 GMT

Mobile trends to watch in the GCC

The UAE will join the club of nearly 150 nations by implementing a 5 percent VAT in the country from January 1, 2018. (File photo)
March 16th, 2017 - 05:00 GMT

Will electricity, phone bills in UAE also be taxed under VAT?

Anyone can run your picture through the new Facezam app and find your Facebook profile. Scary, huh? (Pixabay)
March 15th, 2017 - 03:35 GMT

Creepiest app of all time?

Pricing details for Galaxy Tab S3 were not provided but rumors claim that it will retail for $800 when it is officially released. (AlBawaba)
March 15th, 2017 - 03:02 GMT

Everything you need to know about the new Galaxy Tab S3 - Product review

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