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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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MG Motor Launches the All-New MG3 in the Middle East, Ushering in a New Era in Hatchback Excellence
February 26th, 2024 - 11:03 GMT

MG Motor Launches the All-New MG3 in the Middle East, Ushering in a New Era in Hatchback Excellence

Azizi Developments, RAK Ceramics sign two-year MoU for the supply of tiles and sanitary ware
February 26th, 2024 - 10:51 GMT

Azizi Developments, RAK Ceramics sign two-year MoU for the supply of tiles and sanitary ware

Best Cash Back Business Credit Cards
February 26th, 2024 - 10:17 GMT
Reema Tuqan

Discover: Best Cash Back Business Credit Cards

Volkswagen Abu Dhabi unveils exclusive Ramadan offers
February 26th, 2024 - 10:13 GMT

Volkswagen Abu Dhabi unveils exclusive Ramadan offers

First Abu Dhabi Bank launches MENASSA, a new post-trade platform for MENA-based asset managers
February 26th, 2024 - 10:03 GMT

First Abu Dhabi Bank launches MENASSA, a new post-trade platform for MENA-based asset managers

BYD takes on Ferrari and Lamborghini with new $233k super EV YangWang U9
February 26th, 2024 - 09:58 GMT

BYD takes on Ferrari and Lamborghini with new $233k super EV YangWang U9

Taste Elevated: The Ritz-Carlton, Amman Introduces Jordanian Executive Chef, Redefining Culinary Horizons
February 26th, 2024 - 09:53 GMT

Taste Elevated: The Ritz-Carlton, Amman Introduces Jordanian Executive Chef, Redefining Culinary Horizons

Emirates Skywards announces exclusive, multi-year partnership with Visa
February 26th, 2024 - 09:48 GMT

Emirates Skywards announces exclusive, multi-year partnership with Visa

RyanAir warns ticket prices hike in the summer
February 26th, 2024 - 09:30 GMT

RyanAir warns ticket prices hike in the summer

KIB Group records KD 19 million profits for the year 2023, 40% up from last year
February 26th, 2024 - 08:56 GMT

KIB Group records KD 19 million profits for the year 2023, 40% up from last year

Avaya to Demonstrate How AI Can Transform Experiences at LEAP 2024
February 26th, 2024 - 08:49 GMT

Avaya to Demonstrate How AI Can Transform Experiences at LEAP 2024

Honor
February 26th, 2024 - 08:17 GMT

Honor launches AI-Powered smartphone and laptop

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