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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 30th, 2019 - 09:16 GMT

Smart Dubai Signs MoU With Design and Architecture Firm Arup to Promote Community Happiness and Wellbeing

Israel also announced that Intel would recive a $1 billion reward from the government, due to the investment. (AFP)
January 30th, 2019 - 09:06 GMT

Intel to Expand Its Operations in Israel With Investments Worth $11 Billion

Kingdom to receive oil at lower prices in exchange for lower fees on Iraqi shipments to Aqaba. (Shutterstock)
January 30th, 2019 - 08:52 GMT

More Facilitation Announced to Boost Trade Between Iraq, Jordan

During the event
January 30th, 2019 - 08:50 GMT

MENA Could Issue Over $80 Billion of Debt in 2019, Inflows to Accelerate

This piece of legislation will help the UAE Space Agency in organising its activities and issuing permits. (Shutterstock)
January 30th, 2019 - 08:18 GMT

Dh10 Million Fine for Launching Unauthorized Space Objects in UAE

During the event
January 30th, 2019 - 08:13 GMT

Qatar National Library Event Explores History of Tsunamis and Floods in Qatar

Take the time to reconnect and express your love.
January 30th, 2019 - 07:49 GMT

Romantic Valentine’s Day at Ramses Hilton

During the event
January 30th, 2019 - 07:41 GMT

Emirates Steel Signs Marine Services Agreement With Abu Dhabi Ports Worth Dh1 Billion

Customers who recharge by OMR 1 will receive 300 MB of extra data to be used within ten days.
January 30th, 2019 - 07:28 GMT

Ooredoo’s Prepaid Customers Can Enjoy ‘More Internet’ With Recharge Cards

Lebanon should consider a voluntary debt restructuring to avert a financial crisis despite pledges of aid from Gulf benefactors. (Shutterstock)
January 30th, 2019 - 07:15 GMT

Lebanon Must Consider Debt Restructuring to Avert Financial Crisis

The guest experience is our top priority, whether on property or when engaging with our brand digitally.
January 30th, 2019 - 07:14 GMT

Four Seasons Expands Award-Winning Chat Service With the Addition of New Channels for Superior Access

The combined generation capacity will be 1.51 gigawatts (GW), enough to power 226,500 households. (Shutterstock)
January 30th, 2019 - 07:12 GMT

Saudi Arabia Launches 7 Solar Projects Worth $1.5 Billion

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