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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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'Smart Health Card' will also carry medical data accessible across GCC. (KhT)
February 1st, 2019 - 06:30 GMT

Emirates ID Will Now Store Residents' Health Data

Iran’s president said Wednesday the country was facing its toughest economic situation in 40 years. (AFP)
February 1st, 2019 - 05:30 GMT

Iran Blames US for Toughest Economic Situation in 40 Years

Saudi Arabia’s aim to boost foreign investment in the $496 billion Tadawul stock exchange has taken a leap forward. (AFP)
February 1st, 2019 - 05:00 GMT

Saudi Arabia to Launch the Tradeable MSCI Tadawul 30 Index

Turkish exports rose 7 percent on a yearly basis to hit $168 billion. (Shutterstock)
January 31st, 2019 - 01:22 GMT

Turkey’s Foreign Trade Gap Narrowed to 28.4 Percent in 2018

The multiplex is expected to show some 300 English, Arabic and Indian films annually of various genres. (Shutterstock)
January 31st, 2019 - 12:56 GMT

Almost 59,000 Saudi Go to Cinemas Each Month, 77 Percent Are Families

FAB proposes cash dividend per share of 74 fils
January 31st, 2019 - 12:46 GMT

FAB: Full Year 2018 Group Net Profit at Dh12.0 Billion, up 10 Percent Year-On-Year

Kaspersky Lab products detect the updated Remexi malware as Trojan.Win32.Remexi and Trojan.Win32.Agent
January 31st, 2019 - 12:26 GMT

Chafer Cyberespionage Group Targets Embassies With Updated Homebrew Spyware

During the event
January 31st, 2019 - 12:15 GMT

Tabreed’s 2018 Full Year Net Profit Increases 7 Percent During Its 20th Year of Operation

During the event
January 31st, 2019 - 12:05 GMT

The Number of Passengers at Sharjah Airport Increased to 12 Million in 2018

Bentley Continental GT3.
January 31st, 2019 - 11:49 GMT

Bentley Races Into Centenary Year at Bathurst

Fintech is a portmanteau of financial technology that describes an emerging financial services sector in the 21st century. (Shutterstock)
January 31st, 2019 - 11:31 GMT

Fintech Startups Pave the Way for Reforming Iran’s Financial System

Ericsson outlines cellular IoT evolution in four market segments: Massive IoT, Broadband IoT, Critical IoT, and Industrial Automation IoT.
January 31st, 2019 - 11:27 GMT

Ericsson Lays out Vision for Cellular IoT With New Segments and Solutions

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