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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 9th, 2003 - 02:00 GMT

Saudi oil output continues upward as Iraqi volumes plunge

Al Bawaba
April 9th, 2003 - 02:00 GMT

USAID grants $1 million to UNICEF for education services in Iraq

Al Bawaba
April 9th, 2003 - 02:00 GMT

Tunisia’s largest private bank divests interest in insurance firm

Al Bawaba
April 9th, 2003 - 02:00 GMT

Thailand’s PTTEP opts for Algeria as its first post-war venture in the Middle East

Al Bawaba
April 9th, 2003 - 02:00 GMT

UNCC allocates $738 million in compensation payments to Kuwait

Al Bawaba
April 9th, 2003 - 02:00 GMT

Torah Cement dispels rumors of sale negotiations

Al Bawaba
April 9th, 2003 - 02:00 GMT

Tanganyika Oil’s Egypt operations show positive developments

Al Bawaba
April 9th, 2003 - 02:00 GMT

Oasis Leasing signs $52.5 million credit facility with HSBC led consortium

Al Bawaba
April 9th, 2003 - 02:00 GMT

Dubai’s new Light industrial complex ready for lease by August

Al Bawaba
April 9th, 2003 - 02:00 GMT

AUB announces new Board of Directors

Al Bawaba
April 9th, 2003 - 02:00 GMT

Egypt’s Citystars Heliopolis adopts Cisco technology

Al Bawaba
April 9th, 2003 - 02:00 GMT

Tadawul All-Share Index reaches new record high

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