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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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Ooredoo Partners With Thawani and National Finance to Offer Customers A Buy-Now-Pay-Later Option
February 22nd, 2024 - 08:19 GMT

Ooredoo Partners With Thawani and National Finance to Offer Customers A Buy-Now-Pay-Later Option

EPAA adopts innovative technologies in coral Cultivation
February 22nd, 2024 - 08:12 GMT

EPAA adopts innovative technologies in coral Cultivation

FDA warns consumers about Smartwatches and Smart Rings
February 22nd, 2024 - 08:11 GMT

Can Smartwatches and Smart Rings accurately measure blood sugar?

Yas Marina hosts “Movies at The Marina” under the stars
February 22nd, 2024 - 08:01 GMT

Yas Marina hosts “Movies at The Marina” under the stars

Sophos Expands Commitment to the Channel with New Dedicated Partner Care Offering
February 22nd, 2024 - 07:57 GMT

Sophos Expands Commitment to the Channel with New Dedicated Partner Care Offering

Hundreds of AI experts sign a letter to regulate Deepfakes
February 22nd, 2024 - 07:48 GMT

Hundreds of AI experts sign a letter to regulate Deepfakes

QF’s Academic Bridge Program Hosts Regional Forum To Support Educators in Guiding Students
February 22nd, 2024 - 07:39 GMT

QF’s Academic Bridge Program Hosts Regional Forum To Support Educators in Guiding Students

Al Shindagha Historic Neighbourhood Springs to Life with Hag Al Leila Festivities
February 22nd, 2024 - 07:32 GMT

Al Shindagha Historic Neighbourhood Springs to Life with Hag Al Leila Festivities

Mubadala, Stone Point Capital and CD&R announce agreement to purchase remaining stake in Truist Insurance Holdings
February 22nd, 2024 - 07:21 GMT

Mubadala, Stone Point Capital and CD&R announce agreement to purchase remaining stake in Truist Insurance Holdings

Georgetown Qatar Talk Connects the Ancient Greek Tradition to Modern Challenges (42/100)
February 22nd, 2024 - 07:10 GMT

Georgetown Qatar Talk Connects the Ancient Greek Tradition to Modern Challenges

Boursa Kuwait achieves a net profit of KD 15.80 million for 2023
February 22nd, 2024 - 07:02 GMT

Boursa Kuwait achieves a net profit of KD 15.80 million for 2023

Gold prices in Dubai Thursday 22 February 2024
February 22nd, 2024 - 06:42 GMT

Gold prices in Dubai Thursday 22 February 2024

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