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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 initiative will pay each person SR150,000 (USD40,000) to buy a special car. (Shutterstock)
October 15th, 2015 - 04:12 GMT

Saudi to pay for nearly 6,000 people with disabilities to buy a car

Al Bawaba
October 15th, 2015 - 02:00 GMT

Jordan's private tourism firms eye Russian, MICE markets

Al Bawaba
October 15th, 2015 - 01:55 GMT

A Day in the Life: Product Manager Yazeed Al Oyoun of 7awi

"Only lend up to the amount of money you’d feel comfortable placing on the table in a game of roulette or craps." (Shutterstock)
October 15th, 2015 - 12:59 GMT

Lending money to family and friends: A survival guide

Rana-el-Kaliouby
October 15th, 2015 - 12:12 GMT

Alumna Rana El Kaliouby, AUC’s newest and youngest trustee

Al Bawaba
October 15th, 2015 - 11:30 GMT

Facebook to take on YouTube with dedicated video section

Berlin ranked in 8th place behind Hong Kong. (Shutterstock)
October 15th, 2015 - 11:06 GMT

MENA cities miss out on top 20 Global Power Cities list

Al Bawaba
October 15th, 2015 - 11:00 GMT

Despite construction boom, MENA hotels see reduced occupancy

Al Bawaba
October 15th, 2015 - 10:44 GMT

Indonesia denies domestic worker recall from MENA

Al Bawaba
October 15th, 2015 - 10:16 GMT

Gulf banks back off aircraft financing

Microsoft Office 2016
October 15th, 2015 - 10:07 GMT

Microsoft Arabia releases Office 2016 in the Kingdom

Al Bawaba
October 15th, 2015 - 09:35 GMT

Qatar defies oil price slump with salary increases: Hay

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