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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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His Excellency Sheikh Nahayan Mabarak Al Nahayan, Minister of Tolerance, visits Etihad Aviation Group stand at Tawdheef 2019.
January 29th, 2019 - 08:12 GMT

Etihad Aviation Group Promotes Career Opportunities for UAE Nationals at Tawdheef 2019 Exhibition

GE will also provide parts, repairs and maintenance services for the power generation assets at the site for a period of 25 years.
January 29th, 2019 - 08:08 GMT

GE & Sumitomo Sign Agreement With SEWA to Develop, Build & Operate Sharjah’s First Independent Combined Cycle Power Plant


Nissan GT-R50 by Italdesign Makes Middle East Debut.
January 29th, 2019 - 07:56 GMT

Exclusive Nissan GT-R50 by Italdesign Makes Middle East Debut

During the event
January 29th, 2019 - 07:45 GMT

Qatar National Library Gives Workshop About Understanding the Needs of Talented Children

The approved projects include design, construction, finance, operation, maintenance of buildings and transfer of ownership of all schools will cost around QR4 billion. (Shutterstock)
January 29th, 2019 - 07:34 GMT

Qatar to Build 45 Schools With QR4 Billion Worth of Investments

Pakistan will allow e-visas to 175 countries, visa on arrival for 50 countries and business visas to 98 countries. (Shutterstock)
January 29th, 2019 - 07:25 GMT

UAE Nationals to Get Visa on Arrival in Pakistan

Re-powering of Cooperative Energy’s R.D. Morrow, Sr. Generating Station in Purvis, Mississippi
January 29th, 2019 - 07:12 GMT

Siemens Secures Order for Hl-Class Gas Turbine in the U.S.

The 3-day campaign is scheduled to kick off in Dubai on Monday, January 28, to cover all emirates in the first quarter of 2019
January 29th, 2019 - 07:02 GMT

FTA Launches ‘Tax Invoices: Your Right and Assurance’ Awareness Campaign

The smart water meter automatically collects consumption data and transfers it to a central database for billing, troubleshooting and evaluation.
January 29th, 2019 - 06:53 GMT

Ooredoo Powers Smart Water Meters in Musandam With Internet-Of- Things Technology

Gulf Credit Partners fully realised an early exit from its investment in Amana Healthcare when a controlling stake in the business was sold to a strategic healthcare buyer.
January 29th, 2019 - 06:37 GMT

Gulf Capital Successfully Exits Its Investment in Amana Healthcare

Total property portfolio value stands at USD 456 million as at 31st December 2018.
January 29th, 2019 - 06:28 GMT

ENBD REIT Announces Q3 NAV of USD 1.11 per Share, Proving Resilient to Market Headwinds

Toyota Land Cruiser at Dakar
January 29th, 2019 - 06:07 GMT

Toyota Hilux Steals Show Claiming Victory at 2019 Dakar Rally

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