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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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During the event
October 14th, 2015 - 05:16 GMT

Abu Dhabi Ports presents the Emirate’s attractions as investment destination for Kuwaiti businesses

During the event
October 14th, 2015 - 04:55 GMT

DEWA selects Preferred Bidder for 1st phase of 1,200 MW Hassyan Clean Coal Power Plant

Canon
October 14th, 2015 - 04:39 GMT

Canon unveils new possibilities in the world of imaging at EXPO Paris 2015

Damas
October 14th, 2015 - 04:19 GMT

Damas celebrates Diwali with exquisite new collections and fantastic in-store deals for shoppers across GCC Region

Dubai Silicon Oasis Authority
October 14th, 2015 - 04:14 GMT

Dubai Silicon Oasis announces 13th participation at GITEX Technology Week

Dubai delegation visiting Azerbaijan
October 14th, 2015 - 03:40 GMT

Dubai Customs and DC World discuss means of cooperation with Azerbaijani Customs

Al Bawaba
October 13th, 2015 - 07:33 GMT

New Iraqi airline FlyBaghdad wants to land in Dubai, Europe

Fransabank Group President Adnan Kassar emphasized Lebanon's unique cultural and historical sites. He said he hopes the initiative will "attract the most important tourists in the world, the Chinese." (Al Bawaba/File)
October 13th, 2015 - 07:06 GMT

Lebanon says 'ahlan wa sahlan' to Chinese tourists

The loan will be used to improve the efficiency of Jordan's water and energy sectors. (Al Bawaba/File)
October 13th, 2015 - 06:46 GMT

World Bank grants Jordan $250M soft loan

Al Bawaba
October 13th, 2015 - 06:27 GMT

Etihad signs high-flying $700M deal with IBM

Al Bawaba
October 13th, 2015 - 02:57 GMT

Got a need for speed? Hyperloop says travel from Dubai to Abu Dhabi in 15 minutes possible by 2020

A scene from the horror film El Dassas. (YouTube)
October 13th, 2015 - 02:03 GMT

Are you brave enough to watch these 7 Egyptian horror films alone?

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