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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 1st, 2003 - 02:00 GMT

Starbucks pulls out of Israeli joint venture

Al Bawaba
April 1st, 2003 - 02:00 GMT

Nile Rating downgrades Orascom Projects & Touristic Development

Al Bawaba
April 1st, 2003 - 02:00 GMT

Fitch downgrades Anadolu Efes Beverage’s long term foreign currency to B-

Al Bawaba
April 1st, 2003 - 02:00 GMT

Fitch: Turkey’s sovereign downgrade affects local business ratings

Al Bawaba
April 1st, 2003 - 02:00 GMT

Fitch revises long-term and national ratings of Turkish banks

Al Bawaba
April 1st, 2003 - 02:00 GMT

IFC backs Turkish glass manufacturer with $97.5 million loan

Al Bawaba
April 1st, 2003 - 02:00 GMT

Tunisia to access World Bank hedging products

Al Bawaba
April 1st, 2003 - 02:00 GMT

Orascom Construction’s net income up 20 percent

Al Bawaba
April 1st, 2003 - 02:00 GMT

Heavy traffic losses in first week of Iraq war for European airlines

Al Bawaba
April 1st, 2003 - 02:00 GMT

Central Bank of Turkey extends lira deposit buying auction in April

Al Bawaba
April 1st, 2003 - 02:00 GMT

Rocky Mountain Energy to send oil well fire fighters to the Gulf

Al Bawaba
April 1st, 2003 - 02:00 GMT

Regional e-commerce not unnerved by war

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