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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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Al Bawaba
October 26th, 2015 - 08:12 GMT

Sudan, Italy discuss cooperation on security

American Express
October 26th, 2015 - 08:11 GMT

American Express Cardmembers can enjoy the UAE through exclusive offers

Joe Fitzgerald
October 26th, 2015 - 07:46 GMT

Red Hat to acquire IT automation and DevOps Leader Ansible

More than 16000 sqm of glass has been installed on the outside of the two towers
October 26th, 2015 - 07:40 GMT

Cladding work at DAMAC Esclusiva and DAMAC Tower by Paramount Hotels & Resorts 75% complete

Al Bawaba
October 26th, 2015 - 07:31 GMT

Nearly 900 Omanis lose jobs in two-month oil slump

Al Bawaba
October 26th, 2015 - 07:26 GMT

UAE economy minister predicts a rise in oil prices

Al Bawaba
October 26th, 2015 - 07:17 GMT

Low oil prices hit UAE oil sector as it slips 2-3 percent

The 2016 fiscal year budget was approved with an emphasis on social development, education and health.
October 26th, 2015 - 07:02 GMT

UAE Cabinet approves budget with focus on social development

City Mall
October 26th, 2015 - 06:54 GMT

City Mall lights up pink for breast cancer awareness

The number of people who visited the Kingdom during the past year (2014) from GCC countries was 11.3 million visitors.
October 26th, 2015 - 06:45 GMT

Gulf tourists spent $6.09 billion in Saudi Arabia last year

Swiss-Belhotel International
October 26th, 2015 - 06:39 GMT

Swiss-Belhotel International takes over 4-star hotel in Sharjah

Niranj Sangal_Group CEO OMA Emirate um Group at the GEC Awards 2015
October 26th, 2015 - 06:15 GMT

OMA Emirates awarded Best BFSI Solution Provider at GEC Awards 2015

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