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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 14th, 2015 - 05:30 GMT

More workers than jobs in Egyptian agriculture

Al Bawaba
October 14th, 2015 - 02:00 GMT

Favorable outlook for GCC insurance industry with growth forecast at $62.1B by 2020

Al Bawaba
October 14th, 2015 - 01:00 GMT

Iraq: Petrofac lands multi-million dollar training contract with Shell

French Prime Minister Manuel Valls (L) and Saudi Defence Minister Mohammed bin Salman (R) arrive for a meeting in Riyadh on October 13, 2015. (AFP/ Kenzo Tribouillard)
October 14th, 2015 - 12:05 GMT

Saudi Arabia signs $11.4B in deals with France

Al Bawaba
October 14th, 2015 - 11:42 GMT

Fuel for Apple? Cambridge study finds 87 percent of Android devices exposed to vulnerabilities

Al Bawaba
October 14th, 2015 - 11:24 GMT

US chain 7-Eleven opens first store in Dubai, expansion planned

Ahmed Helmy and Khulud Abu Homos on Red Carpet
October 14th, 2015 - 11:02 GMT

Stars come out to honour OSN

Emirates Islamic National School League – Football
October 14th, 2015 - 10:51 GMT

Emirates Islamic kicks off “Emirates Islamic National School League – Football” with 77 teams

Transition to retirement is easier with sound financial planning and being healthy. (Shutterstock)
October 14th, 2015 - 10:23 GMT

Retirement: an end and a new beginning

During the event
October 14th, 2015 - 10:03 GMT

Dubai Chamber launches Sustainability Week as part of its 50th anniversary celebrations

Al Bawaba
October 14th, 2015 - 09:45 GMT

WISH brings its expertise to international congress on patient safety in India

Al Bawaba
October 14th, 2015 - 08:41 GMT

GCC banks under pressure to improve digital services: report

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