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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 8th, 2003 - 02:00 GMT

UK customs tightens checks on Israeli settlement products

Al Bawaba
April 8th, 2003 - 02:00 GMT

Bankruptcy of Air Canada may adversely affect UAE’s Oasis Leasing

Al Bawaba
April 8th, 2003 - 02:00 GMT

NCB: Saudi Arabia to post $13.3 billion budget surplus in 2003

Al Bawaba
April 8th, 2003 - 02:00 GMT

Ducab to build a new factory in Abu Dhabi

Al Bawaba
April 8th, 2003 - 02:00 GMT

ENOC establishes independent terminalling company

Al Bawaba
April 8th, 2003 - 02:00 GMT

Virgin Atlantic awards consultancy deal to Mercator

Al Bawaba
April 8th, 2003 - 02:00 GMT

Gulf Air unveils new corporate identity

Al Bawaba
April 8th, 2003 - 02:00 GMT

BGP Oil & Gas seismic operations on stream in Oman

Al Bawaba
April 8th, 2003 - 02:00 GMT

SSA Marine begins restoration work on Iraq’s Umm Qasr Port

Al Bawaba
April 8th, 2003 - 02:00 GMT

Dubai International Airport traffic up 13 percent in 1Q 2003

Al Bawaba
April 8th, 2003 - 02:00 GMT

Sheraton Abu Dhabi reopens after $40 million facelift

Al Bawaba
April 8th, 2003 - 02:00 GMT

Sogex Oman to operate Qidfa water and power project

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