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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
March 30th, 2003 - 02:00 GMT

Lundin Petroleum’s Sudan operations back on track

Al Bawaba
March 30th, 2003 - 02:00 GMT

Morocco's Al-Akhawayn University forges anti-poverty partnership with UNDP

Al Bawaba
March 30th, 2003 - 02:00 GMT

Turkey’s Central Bank protects liquidity with forex adjustments

Al Bawaba
March 30th, 2003 - 02:00 GMT

Hostess distributor in Egypt gets 100 percent IPO offer

Al Bawaba
March 30th, 2003 - 02:00 GMT

Al-Quds Index experiences six percent hike

Al Bawaba
March 30th, 2003 - 02:00 GMT

Lingering battle in Iraq calms Amman bourse jitters

Al Bawaba
March 30th, 2003 - 02:00 GMT

E-marketing identified as key for Abu Dhabi Grand

Al Bawaba
March 30th, 2003 - 02:00 GMT

Saudi Arabia reaffirms commitment to relief for Iraqis affected by war

Al Bawaba
March 30th, 2003 - 02:00 GMT

US Commerce Department leads Saudi delegation to IFE in Washington

Al Bawaba
March 30th, 2003 - 02:00 GMT

Saudi water desalination output exceeded one billion cubic meters in 2002

Al Bawaba
March 30th, 2003 - 02:00 GMT

Saudi genetically modified agricultural products to be labeled

Al Bawaba
March 30th, 2003 - 02:00 GMT

Canadian mineral firm reports 24 % increase in Tunisian zinc output for 4Q 2002

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