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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 13th, 2015 - 09:54 GMT

Huawei celebrates 15 years of empowering digital transformation in the Middle East

Imdaad
October 13th, 2015 - 09:50 GMT

Imdaad hoists UAE flag to show solidarity for local troops

Al Bawaba
October 13th, 2015 - 09:37 GMT

Wyndham unveils the World’s Most Generous Rewards Program for Meeting Planners

Al Bawaba
October 13th, 2015 - 09:28 GMT

Make your move to cheaper rental deals in Dubai

Eni has been operational in Egypt since 1954. (File photo)
October 13th, 2015 - 09:01 GMT

Egypt: Eni digs in deep offshore with more concessions awarded

Al Bawaba
October 13th, 2015 - 08:52 GMT

Software AG: The Future is Digital Platform Based Co-innovation

Al Bawaba
October 13th, 2015 - 08:46 GMT

Lock and load! Jordan gets $3.84M package from the UK to fight Daesh

Yousuf AlRaeesi, General Manager of Government Relations and Environmental Affairs at Al-Futtaim Motors
October 13th, 2015 - 08:44 GMT

Al-Futtaim Motors sponsors Dubai Women’s Association Child Protection Initiative

Destination Wedding
October 13th, 2015 - 08:32 GMT

The Ajman Palace Hotel plays host to a grand Indian ‘Destination Wedding’

DP World Deputy Chief Financial Officer Raj Jit Singh Wallia (left) and Investor Relations Director Redwan Ahmed (right) collected four awards at the 2015 Middle East Investor Relations Society (MEIRS) Awards
October 13th, 2015 - 08:21 GMT

DP World named Leading Corporate for Investor Relations in the Middle East

Subhi F. Benkhadra, CEO International Investment Bank
October 13th, 2015 - 07:48 GMT

International Investment Bank (IIB) delivers profitable exit from aircraft leasing deal

Al Bawaba
October 13th, 2015 - 07:15 GMT

Brocade to demonstrate new IP Capabilities at Gitex 2015

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