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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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During the event
January 31st, 2019 - 11:15 GMT

Oracle Accelerates Digital Transformation in the UAE and Middle East With Cloud Centre of Excellence

Dubai Financial Services Authority
January 31st, 2019 - 11:00 GMT

DFSA Joins Launch of Global Financial Innovation Network

Ooredoo successfully updated 14 of its Home Internet sites in Muscat, Al Batinah, Al Wusta, Sharqiya, Dahira and Dakhliah, with many more sites to follow.
January 31st, 2019 - 10:48 GMT

Suhar and Sur Benefit From Ooredoo’s Pre-5G Massive Mimo Supernet Upgrade

The cost of the Syrian war on Lebanon amounts to about $14 billion. (Shutterstock)
January 31st, 2019 - 10:42 GMT

Central Bank Still Confident With Lebanon’s Economy Despite Regional Woes

Turkey welcomed 39.5 million foreign visitors in 2018 (Shutterstock)
January 31st, 2019 - 10:41 GMT

Over 39.5 Million Foreigners Visited Turkey in 2018

The two sides also voiced satisfaction with the growing trend of economic cooperation. (Shutterstock)
January 31st, 2019 - 10:40 GMT

Austria Stresses the Need for Expansion of Economic Cooperation With Iran

The Transit ambulance, developed by Dubai Corporation for Ambulance Services (DCAS) as a project under the Dubai 10X initiative.
January 31st, 2019 - 10:23 GMT

Adaptable, Dependable, and Outstanding Ford Transit Tops Priority List for Middle East Ambulance Operators

During the event
January 31st, 2019 - 10:16 GMT

Abu-Ghazaleh Receives French Ambassador to Jordan, Discusses Joint Projects

HUAWEI nova 3 became the most popular selfie phone of 2018.
January 31st, 2019 - 09:59 GMT

Huawei Nova Series: A Great Balance Between Features and Value

There are ways to fall in love with a job you hate. (Shutterstock)
January 31st, 2019 - 09:58 GMT

9 Ways to Fall in Love With a Job You Hate

The Alliance has committed over 1.0 billion US dollars with the goal of investing 1.5 billion US dollars over the next five years to help end plastic waste in the environment.
January 31st, 2019 - 09:50 GMT

Henkel Is Founding Member of New Global Alliance to End Plastic Waste

John-David Lovelock , research vice president at Gartner
January 31st, 2019 - 09:37 GMT

Gartner Says Global IT Spending to Reach $3.8 Trillion in 2019

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