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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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Turkey is determined to boost the sales of hybrid and electric automobiles in the country. (Shutterstock)
January 29th, 2019 - 11:57 GMT

Turkey to Increase Hybrid and Electric Cars Sale

Expat doctors have welcomed a move to prioritise hiring Bahraini medics in the nation’s private healthcare sector. (Shutterstock)
January 29th, 2019 - 11:56 GMT

Bahrainisation to Include the Private Healthcare Sector

The job openings for January has been updated. (Shutterstock)
January 29th, 2019 - 11:54 GMT

Check Out Apple's Openings in UAE

Renault Koleos captures everyone's attention with an athletic profile, robust front end, roomy seats, taut lines underscored with chrome, and C-Shape LED Daytime Running Lights.
January 29th, 2019 - 11:50 GMT

Renault Al Babtain Brings Its Fans Closer to Owning the Outstanding Renault Koleos in 2019

During the event
January 29th, 2019 - 11:44 GMT

DED Seizes 19.9 Million Pieces of Counterfeit Products Worth Dh332 Million in 2018

During the event
January 29th, 2019 - 11:10 GMT

Abu-Ghazaleh Highlights UN and EU Role, Stresses on Rebuilding Human Capacity in Yemen

Oman has risen on the "Corruption Perception Index" (CPI) and is now placed third in the Arab world. (Shutterstock)
January 29th, 2019 - 11:00 GMT

Oman Ranks Third in the Arab World On Anti-Corruption Report

The currency will be used in financial settlements between the two countries. (Shutterstock)
January 29th, 2019 - 10:55 GMT

Saudi Arabia, UAE to Launch First Common Digital Currency ‘Aber’

During the event
January 29th, 2019 - 10:53 GMT

Dubai Chamber Membership Tops 231,000 in 2018 Amid International Push

During the event
January 29th, 2019 - 10:35 GMT

Abu Dhabi University Set to Showcase New Programs at International Education Show

Konica Minolta Cadillac Wins Rolex 24 at Daytona.
January 29th, 2019 - 10:23 GMT

Konica Minolta Cadillac Wins Rolex 24 at Daytona

The Dubai Taxi Corporation has launched a new control centre and reviewed its smart transformation plan. (Shutterstock)
January 29th, 2019 - 10:23 GMT

Dubai Taxi to Transform Its Services Using AI

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