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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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March 21st, 2007 - 10:20 GMT

First phase of new masterplan for The Palm Deira development unveiled

March 21st, 2007 - 10:09 GMT

DMCC warns investors of fraudulent offers to sell gold

March 21st, 2007 - 10:00 GMT

Bahrain Bay attracts $150 million investment from major Indian development consortium

March 21st, 2007 - 07:55 GMT

New accord to boost Jordan exports to COMESA

Al Bawaba
March 21st, 2007 - 01:54 GMT

Housing Starts Beat Forecasts, Permits Slump Lend To Dollar Weakness

Al Bawaba
March 20th, 2007 - 09:16 GMT

US Fed - Working to Keep Inflation In Check, But At What Cost?

Al Bawaba
March 20th, 2007 - 09:04 GMT

Dollar Mixed As Housing Permits Shade Strong Starts Numbers

Al Bawaba
March 20th, 2007 - 07:59 GMT

The DailyFX Carry Trade Basket Made Money on 8 of the last 10 days

Al Bawaba
March 20th, 2007 - 07:49 GMT

Yen Crosses Roll Over...Next Leg Lower Underway

Al Bawaba
March 20th, 2007 - 04:22 GMT

Yen Ready to Turn Again as Dollar Weakness Persists

Al Bawaba
March 20th, 2007 - 03:38 GMT

Food passion and Western music: Arab Television Comes Of Age

Al Bawaba
March 20th, 2007 - 02:53 GMT

Mashreq Securities Launches third VIP Trading Lounge

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