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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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Elscint completes sale of its sub-assemblies and components segment

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Electric Fuel Battery earns ISO 9001 certification

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April 6th, 2003 - 02:00 GMT

China Telecom chooses Alvarion/BISC Broadband Wireless solution

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April 6th, 2003 - 02:00 GMT

Competition enters the race for ownership rights to Hostess in Egypt

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April 6th, 2003 - 02:00 GMT

MBSC and Ireland’s CRH still in sale negotiations

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Calypte expands HIV-1 antibody test distribution to Middle East

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April 6th, 2003 - 02:00 GMT

Red Bull to set up production line in Dubai

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United Gulf Bank net Income surged 79 percent in 2002

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April 3rd, 2003 - 02:00 GMT

Le Méridien throws weight behind destination marketing

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