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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 25th, 2004 - 02:00 GMT

Al-Yousuf Motors opens tenth Yamaha showroom in UAE

Al Bawaba
March 25th, 2004 - 02:00 GMT

Sweden's Gunnebo receives €1.2 million road safety purchase order from the UAE

Al Bawaba
March 25th, 2004 - 02:00 GMT

Dubai's logistics industry registering 15 percent growth

Al Bawaba
March 25th, 2004 - 02:00 GMT

Stonesoft appoints Abu Dhabi's Bayanat Data Processing Systems as Middle East partner

Al Bawaba
March 25th, 2004 - 02:00 GMT

Markland Technologies signs international marketing and sales agreement with Tradeways

Al Bawaba
March 25th, 2004 - 02:00 GMT

Bahrain Executive Air Service signs fleet expansion deal with Credit Suisse

Al Bawaba
March 24th, 2004 - 02:00 GMT

Regional GSM boom having diverse effects on Arab payphone markets

Al Bawaba
March 24th, 2004 - 02:00 GMT

FAO: Desert locust situation extremely serious in North Africa

Al Bawaba
March 24th, 2004 - 02:00 GMT

Alcatel to provide first DSL network in Iran

Al Bawaba
March 24th, 2004 - 02:00 GMT

Egyptian companies adopt UN's Global Compact initiative

Al Bawaba
March 24th, 2004 - 02:00 GMT

Qatar Petroleum inks $6 billion gas deal with Sasol Chevron

Al Bawaba
March 24th, 2004 - 02:00 GMT

CI: Kuwait's foreign currency rating raised

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