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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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Al Bawaba
March 19th, 2007 - 09:52 GMT

SICO initiates research coverage on Emaar Properties - Recommends Emaar as cornerstone in any portfolio to create exposure to attractive GCC Market

Al Bawaba
March 19th, 2007 - 09:38 GMT

Dollar Dumped on Dour Data

March 19th, 2007 - 07:49 GMT

Egypt expects significant rise in FDI

March 18th, 2007 - 03:13 GMT

Stromek completed 85% of AED 10 million contract for foundation work on prime business-residential project at Dubai Silicon Oasis

March 18th, 2007 - 02:51 GMT

GCC Energy Fund sees rapid expansion in the Middle Eastern Energy Sector

March 18th, 2007 - 02:45 GMT

Global icons demonstrate the strength of the Middle East construction sector

March 18th, 2007 - 02:30 GMT

Abu Dhabi’s position as major aircraft maintenance, repair hub boosted by GAMCO

March 18th, 2007 - 07:35 GMT

Global : Saudi Arabia - Attracting investors to become part of economic growth

March 17th, 2007 - 08:06 GMT

Nakheel sells Ireland

March 17th, 2007 - 07:50 GMT

60% of Emiratis overweight; Current regional spend on health industry is estimated at AED 272 billion

Al Bawaba
March 17th, 2007 - 02:30 GMT

The Best Pairs to Range Trade This Week - EUR/USD, USD/CHF and AUD/NZD

Al Bawaba
March 17th, 2007 - 01:50 GMT

Dollar Loses Despite Higher Consumer Prices

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