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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
January 19th, 2006 - 07:36 GMT

NDIA construction enters new phase

Al Bawaba
January 19th, 2006 - 07:30 GMT

UAE: Growing investments in real-estate and construction

Al Bawaba
January 19th, 2006 - 07:28 GMT

Bahrain and UAE lead Arab economic development

Al Bawaba
January 19th, 2006 - 07:17 GMT

Saudi Arabia needs at least 1 million housing units

Al Bawaba
January 19th, 2006 - 07:08 GMT

Inter-Arab private investments amount to $1 billion

January 18th, 2006 - 08:22 GMT

Kuwait: Construction industry to benefit from massive private and government investment

January 18th, 2006 - 03:07 GMT

Al Yousuf motors sells 50% of all General Motors cars

Al Bawaba
January 18th, 2006 - 01:59 GMT

Ghana Vice President praises ”highly impressive” Nakheel projects

Al Bawaba
January 18th, 2006 - 01:30 GMT

Saudi FDI hits record high of $17 billion in 2005

Al Bawaba
January 18th, 2006 - 01:08 GMT

New Dubai exchange will feature electronic trading

Al Bawaba
January 18th, 2006 - 12:34 GMT

ESCA extends deadline for submission of 2005 account results

Al Bawaba
January 18th, 2006 - 12:00 GMT

Ramadan spurs SR26.6b in ATM withdrawals in Saudi Arabia for October

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