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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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Yas Marina unveils reciprocal member benefits programme with Old Doha Port at Dubai International Boat Show 2024
February 29th, 2024 - 08:34 GMT

Yas Marina unveils reciprocal member benefits programme with Old Doha Port at Dubai International Boat Show 2024

Abu Dhabi University’s Faculty and Students Participate in the Quantum Innovation Summit Dubai 2024
February 29th, 2024 - 08:16 GMT

Abu Dhabi University’s Faculty and Students Participate in the Quantum Innovation Summit Dubai 2024

Emaar Announces Groundbreaking AED 96-billion Exclusive Lifestyle Destinations
February 29th, 2024 - 07:54 GMT

Emaar Announces Groundbreaking AED 96-billion Exclusive Lifestyle Destinations

KIB appoints Mona Mahmoud as Head of Anti-Money Laundering, Combating the Financing of Terrorism and Tax Compliance Department
February 29th, 2024 - 07:47 GMT

KIB appoints Mona Mahmoud as Head of Anti-Money Laundering, Combating the Financing of Terrorism and Tax Compliance Department

Mastercard partners with Loop to launch innovative payment solutions in Saudi Arabia
February 29th, 2024 - 07:34 GMT

Mastercard partners with Loop to launch innovative payment solutions in Saudi Arabia

Mastercard and MTN Group Fintech partner to drive acceleration of mobile money ecosystem in Africa across 13 markets
February 29th, 2024 - 07:22 GMT

Mastercard and MTN Group Fintech partner to drive acceleration of mobile money ecosystem in Africa across 13 markets

Ericsson and Ooredoo Oman upgrade charging system for next-level digital service experiences
February 29th, 2024 - 07:19 GMT

Ericsson and Ooredoo Oman upgrade charging system for next-level digital service experiences

Ajman Bank Signs MOU with KPMG for Developing a Robust ESG Framework
February 29th, 2024 - 07:15 GMT

Ajman Bank Signs MOU with KPMG for Developing a Robust ESG Framework

e& and Huawei Sign a Strategic MoU to Build Green and  Energy Efficient Networks
February 29th, 2024 - 07:10 GMT

e& and Huawei Sign a Strategic MoU to Build Green and Energy Efficient Networks

EA Games lays off 5% of workforce, cancels Star Wars game
February 29th, 2024 - 07:05 GMT

EA Games lays off 5% of workforce, cancels Star Wars game

The 7th IOC World Medical Conference The scientific program features 15 speakers from Aspetar presenting the latest topics in sports and the medical field
February 29th, 2024 - 07:01 GMT

The 7th IOC World Medical Conference The scientific program features 15 speakers from Aspetar presenting the latest topics in sports and the medical field

Emirates to restart daily Phnom Penh services via Singapore
February 29th, 2024 - 06:58 GMT

Emirates to restart daily Phnom Penh services via Singapore

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