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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
April 13th, 2003 - 02:00 GMT

Safco’s net profits reach $26.6 million in 1Q 2003

Al Bawaba
April 13th, 2003 - 02:00 GMT

Emaar launches new villa community

Al Bawaba
April 13th, 2003 - 02:00 GMT

Sale of Jebel Ali Residential Properties gets underway

Al Bawaba
April 13th, 2003 - 02:00 GMT

Fitch affirms Turkish structured finance future flow transactions

Al Bawaba
April 13th, 2003 - 02:00 GMT

Egypt government capital for public banks welcome but more needed

Al Bawaba
April 13th, 2003 - 02:00 GMT

Fitch affirms Cyprus's sovereign ratings

Al Bawaba
April 13th, 2003 - 02:00 GMT

USAID awards contract to revitalize education in Iraq

Al Bawaba
April 13th, 2003 - 02:00 GMT

USAID awards Iraq local governance contract

Al Bawaba
April 13th, 2003 - 02:00 GMT

US to provide $3.1 million to Iraqi opposition

Al Bawaba
April 13th, 2003 - 02:00 GMT

Canadian IT firm sells software to Nexus Gulf Telecom

Al Bawaba
April 13th, 2003 - 02:00 GMT

Emirates opens new Geneva office

Al Bawaba
April 13th, 2003 - 02:00 GMT

Emirates SkyCargo cuts fuel surcharge

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