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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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Dubai Customs Unveils 'Impactful Innovations' at UAE Innovates 2024
February 28th, 2024 - 07:09 GMT

Dubai Customs Unveils 'Impactful Innovations' at UAE Innovates 2024

NBB Continues To Report Double-digit Growth In Profits With A 16% Increase In Attributable Profit For The Year Ended 31 December 2023
February 28th, 2024 - 07:02 GMT

NBB Continues To Report Double-digit Growth In Profits With A 16% Increase In Attributable Profit For The Year Ended 31 December 2023

LG Academy bridging theory with Practical training for Future Engineers
February 28th, 2024 - 06:54 GMT

LG Academy bridging theory with Practical training for Future Engineers

Al Salam Bank Offers Clients Daily Chances to Win and Exclusive Benefits on Ramadan Shopping Essentials
February 28th, 2024 - 06:40 GMT

Al Salam Bank Offers Clients Daily Chances to Win and Exclusive Benefits on Ramadan Shopping Essentials

Gold prices in Doha Wednesday 28 February 2024
February 28th, 2024 - 05:48 GMT

Gold prices in Doha Wednesday 28 February 2024

Gold prices in Dubai Wednesday 28 February 2024
February 28th, 2024 - 05:48 GMT

Gold prices in Dubai Wednesday 28 February 2024

Gold prices in Amman Wednesday 28 February 2024
February 28th, 2024 - 05:48 GMT

Gold prices in Amman Wednesday 28 February 2024

Gold prices in Riyadh Wednesday 28 February 2024
February 28th, 2024 - 05:48 GMT

Gold prices in Riyadh Wednesday 28 February 2024

Dubai Islamic Bank successfully prices USD 1 billion Sustainable Sukuk
February 28th, 2024 - 05:43 GMT

Dubai Islamic Bank successfully prices USD 1 billion Sustainable Sukuk

Ooredoo Group Takes Centre Stage at GSMA Ministerial Programme, Drives Discussions on 5G Deployment and Policy Frameworks
February 28th, 2024 - 05:38 GMT

Ooredoo Group Takes Centre Stage at GSMA Ministerial Programme, Drives Discussions on 5G Deployment and Policy Frameworks

Mubadala Capital and Woori Venture Partners Sign Memorandum of Understanding to Collaborate on Strategic Investment Opportunities
February 28th, 2024 - 05:34 GMT

Mubadala Capital and Woori Venture Partners Sign Memorandum of Understanding to Collaborate on Strategic Investment Opportunities

Federal Tax Authority issues new Decision on specified timeframes for Corporate Tax registration
February 28th, 2024 - 05:25 GMT

Federal Tax Authority issues new Decision on specified timeframes for Corporate Tax registration

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