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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 Chambers meets with leading exporters to discuss key challenges and explore proposed solutions
February 19th, 2024 - 10:21 GMT

Dubai Chambers meets with leading exporters to discuss key challenges and explore proposed solutions

Yahsat sets the bar high for global connectivity as it unveils ‘Project SKY’, an ambitious Direct-2-Device (D2D) strategy
February 19th, 2024 - 10:18 GMT

Yahsat sets the bar high for global connectivity as it unveils ‘Project SKY’, an ambitious Direct-2-Device (D2D) strategy

Muscat to drastically change with $1.3b investment
February 19th, 2024 - 10:12 GMT

Muscat to drastically change with $1.3b investment

Visa, Checkout.com and Stake launch innovative cross-border funding solution for real estate investment in UAE
February 19th, 2024 - 10:12 GMT

Visa, Checkout.com and Stake launch innovative cross-border funding solution for real estate investment in UAE

Network Infrastructure Was a Prime Target for Cyber Threats in 2023
February 19th, 2024 - 09:57 GMT

Network Infrastructure Was a Prime Target for Cyber Threats in 2023

UAE Innovates 2024: Federal Tax Authority signs agreement with 01GOV Platform to expand use of its Tax 10 platform
February 19th, 2024 - 09:45 GMT

UAE Innovates 2024: Federal Tax Authority signs agreement with 01GOV Platform to expand use of its Tax 10 platform

Four Seasons Celebrates Continued Leadership in Forbes Travel Guide Five-Star Awards
February 19th, 2024 - 09:40 GMT

Four Seasons Celebrates Continued Leadership in Forbes Travel Guide Five-Star Awards

 DP World ILT20 season 2 leaves an indelible mark as one of the best and keenly fought franchise leagues in the world
February 19th, 2024 - 09:37 GMT

DP World ILT20 season 2 leaves an indelible mark as one of the best and keenly fought franchise leagues in the world

Japanese satellite launches to collect space debris
February 19th, 2024 - 09:31 GMT

Japanese satellite launches to collect space debris

Dubai Culture enhances community engagement through 04 platform
February 19th, 2024 - 09:29 GMT

Dubai Culture enhances community engagement through 04 platform

Ooredoo Launches HALA+ All-New And Value-Packed Prepaid Plans
February 19th, 2024 - 09:18 GMT

Ooredoo Launches HALA+ All-New And Value-Packed Prepaid Plans

Sharjah Islamic Bank's General Assembly approves 10% cash dividends totaling 323.5 million Dirhams for 2023
February 19th, 2024 - 09:09 GMT

Sharjah Islamic Bank's General Assembly approves 10% cash dividends totaling 323.5 million Dirhams for 2023

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