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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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Damas
October 15th, 2015 - 09:13 GMT

Shine bright with Damas’ Diwali Collection

DP World
October 15th, 2015 - 06:04 GMT

Yemen delegation visits UAE DP World in discussions on rebuilding Yemen maritime and trade sector

Al Bawaba
October 15th, 2015 - 05:54 GMT

Arabian Courtyard Hotel & Spa holds another successful Biryani Muqabla

Al Bawaba
October 15th, 2015 - 05:22 GMT

Etihad Airways to co-host ABTA’s 2016 Travel Convention in Abu Dhabi

Al Bawaba
October 15th, 2015 - 04:58 GMT

Qatar Environment and Energy Research Institute launches ‘Fascination Astronomy’ project

Al Bawaba
October 15th, 2015 - 04:41 GMT

Royal Decree issued transferring the responsibilities of the “High Council for Vocational Training” to “Tamkeen”

Etihad Airways
October 15th, 2015 - 04:19 GMT

Etihad Airways becomes the first Flight Safety Foundation benefactor member from the Middle East

Al Bawaba
October 15th, 2015 - 03:40 GMT

MasterCard recognizes Mashreq sMiles for re-defining the travel landscape for UAE consumers

Egyptian Financial Minister Hany Kadry Dimian (Al Bawaba/File)
October 14th, 2015 - 07:25 GMT

World Bank to loan Egypt $3B

Al Bawaba
October 14th, 2015 - 07:02 GMT

Yemen's Marib Governate to withhold oil revenues from Houthis

Dr. Siddiqi suggested a ban on smoking shisha in public sector buildings. (Al Bawaba/File)
October 14th, 2015 - 06:24 GMT

Experts call for a 'bad choices' tax on tobacco to improve MENA health

Kuwait plans to build a new refinery near the Saudi border. (Shutterstock)
October 14th, 2015 - 05:56 GMT

Kuwait signs $13.2B contracts for new oil refinery

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