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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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AAW and Bosch Celebrate 45 Years of Partnership in Kuwait
February 20th, 2024 - 10:39 GMT

AAW and Bosch Celebrate 45 Years of Partnership in Kuwait

Welcome to the Era of Mobile AI
February 20th, 2024 - 10:33 GMT

Welcome to the Era of Mobile AI

Mashreq Announces Appointment of Alsalt Mohammed Al Kharusi as Country Head of Oman
February 20th, 2024 - 10:27 GMT

Mashreq Announces Appointment of Alsalt Mohammed Al Kharusi as Country Head of Oman

The HUAWEI Metaline Antenna: How the MateBook D 16 takes wireless connectivity to the next level
February 20th, 2024 - 09:55 GMT

The HUAWEI Metaline Antenna: How the MateBook D 16 takes wireless connectivity to the next level

ADIB Advances Its Banking Technologies with ProgressSoft's Payments Hub
February 20th, 2024 - 09:50 GMT

ADIB Advances Its Banking Technologies with ProgressSoft's Payments Hub

Hyundai Motor Unveils ‘Active Air Skirt’ Technology to Help Electric Vehicles Go Faster and Farther
February 20th, 2024 - 09:44 GMT

Hyundai Motor Unveils ‘Active Air Skirt’ Technology to Help Electric Vehicles Go Faster and Farther

Deloitte unveils Six Forces Shaping the Future of Consumer at Retail Leaders Circle MENA Summit in Riyadh
February 20th, 2024 - 09:35 GMT

Deloitte unveils Six Forces Shaping the Future of Consumer at Retail Leaders Circle MENA Summit in Riyadh

GoPaint Global Campaign Ignites Creativity:  Huawei Inspires Digital Artists Worldwide
February 20th, 2024 - 09:19 GMT

GoPaint Global Campaign Ignites Creativity: Huawei Inspires Digital Artists Worldwide

Powering Progress: Audi Accelerates the Road to E-Mobility in the Middle East with the Launch of Audi EV Information portal
February 20th, 2024 - 08:52 GMT

Powering Progress: Audi Accelerates the Road to E-Mobility in the Middle East with the Launch of Audi EV Information portal

LG Celebrates Founding Day with Commitments to Innovation, Customers and Local Communities
February 20th, 2024 - 08:36 GMT

LG Celebrates Founding Day with Commitments to Innovation, Customers and Local Communities

US delays TSMC $40B chip manufacturing plans
February 20th, 2024 - 08:00 GMT

US delays TSMC $40B Arizona chip manufacturing plans

Al Jalila Foundation and Positive Zero Inaugurate Rooftop and Carport Solar Project
February 20th, 2024 - 07:49 GMT

Al Jalila Foundation and Positive Zero Inaugurate Rooftop and Carport Solar Project

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