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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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The spread of conflict in the region has had effects on trade, tourism, security and investor confidence. (Enikonomia.gr)
October 22nd, 2015 - 09:42 GMT

Time to cut back: IMF warns MENA to streamline spending and broaden non-oil revenue

Al Bawaba
October 22nd, 2015 - 09:21 GMT

The blame game: avoiding the rumor mill when someone is fired at work

Al Bawaba
October 22nd, 2015 - 09:02 GMT

Uber's expansion prompts new legislation needs

Al Bawaba
October 22nd, 2015 - 08:49 GMT

Up and away: Air Arabia's new Jordanian hub plans new routes

Al Bawaba
October 22nd, 2015 - 08:49 GMT

Software AG in Q3: Revenue increased, earnings significantly improved, FY 2015 outlook updated

Al Bawaba
October 22nd, 2015 - 08:31 GMT

Racing and gaming fans set pulses racing at the 2015 Middle East Hyundai Racing Challenge final in Dubai

Popular items for sale online include sofas, baby strollers and digital items. (Shutterstock)
October 22nd, 2015 - 08:27 GMT

Thrifty shoppers: Do you buy second hand?

Dubai Gold & Commodities Exchange
October 22nd, 2015 - 08:19 GMT

DGCX collaborates with Pakistan Mercantile Exchange

Al Bawaba
October 22nd, 2015 - 08:12 GMT

Lebanese teen wins Apple's WWDC 2015 scholarship for 'NoSpeed' app

Al Bawaba
October 22nd, 2015 - 07:54 GMT

Huawei extends professional services offerings to enterprises across the Middle East

du brings Internet of Things to life with LoRa demos
October 22nd, 2015 - 07:47 GMT

du brings Internet of Things to life with LoRa demos at GITEX Technology Week 2015

During the signing ceremony
October 22nd, 2015 - 05:50 GMT

Drake and Scull signs business communications agreement with du

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