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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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January 7th, 2006 - 06:07 GMT

Booming Middle East cellular market tipped to overtake Asia-Pacific in mobile penetration rate

January 5th, 2006 - 03:12 GMT

IMF says Tunisia's economic performance remained strong in 2005

January 5th, 2006 - 09:34 GMT

Central Bank of Yemen injects US$ 65 million into the market

Al Bawaba
January 5th, 2006 - 08:17 GMT

UAE: Business houses closed

Al Bawaba
January 5th, 2006 - 07:43 GMT

KSE: 951 real estate transactions

Al Bawaba
January 5th, 2006 - 07:37 GMT

Kuwait urged to open up market

January 5th, 2006 - 07:23 GMT

Economic freedom erodes in Middle East and North Africa, study shows

January 4th, 2006 - 01:28 GMT

Syria: US$6.3 billion worth of investment projects approved in 2005

January 4th, 2006 - 12:45 GMT

Activities of Dubai Shopping Festival 2006 cancelled

Al Bawaba
January 4th, 2006 - 10:04 GMT

Kharbash lauds leadership role in diversifying UAE economy

Al Bawaba
January 4th, 2006 - 09:25 GMT

UAE banks use IBAN and BIC for money transfers

Al Bawaba
January 4th, 2006 - 09:11 GMT

New five-year plan to raise standard of living for Omanis

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