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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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The total number of licenses issued reached more than 40,000. (Shutterstock)
January 28th, 2019 - 08:58 GMT

More Than 40,000 Driving Licenses Issued for Women in Saudi Arabia

Thee oil sector is currently working on an integrated plan for the development of the petrochemicals industry. (Shutterstock)
January 28th, 2019 - 08:43 GMT

Egypt Plans to Launch International Tenders for Oil, Gas Exploration in Red Sea Region

Qatar imported goods worth QR9.5 million and exported products worth QR25.4 billion. (Shutterstock)
January 28th, 2019 - 08:41 GMT

Qatar’s Trade Surplus Exceeds $4 Billion in December

During the event
January 28th, 2019 - 08:38 GMT

Sheikh Mohamed Witnesses Signing of Landmark Strategic Refining and Trading Partnership Agreements Between ADNOC , Eni and OMV

The UAB noted in a recent study that it is expected that fintech will revolutionise the provision of traditional financial services and reshaped the financial landscape in Arab banks. (Shutterstock)
January 28th, 2019 - 08:37 GMT

How Egypt's Banks Adopt Digitisation and Fintech

Opportunity's last communication with Earth was received June 10, 2018. (Shutterstock))
January 28th, 2019 - 08:24 GMT

RIP Nasa's Mars Opportunity

During the event
January 28th, 2019 - 08:24 GMT

Al Etihad Credit Bureau and Visa Sign MoU to Promote Financial Literacy in the UAE

Construction of a large oil terminal in Jask and also launch of petrochemical refinery was put atop agenda in this area. (Shutterstock)
January 28th, 2019 - 08:15 GMT

Iran Starts Developing a Petrochemical Refinery in Oman Sea

Egypt provided Jordan with 250 million cubic feet of natural gas daily since 2004. (Shutterstock)
January 28th, 2019 - 08:08 GMT

Egypt Starts Supplying Jordan With Natural Gas

During the event
January 28th, 2019 - 08:07 GMT

Al Bustan Centre & Residence Holds Preventive Health and Wellness Check-Up for Employees

The jobless rate first hit 12.9 percent, the highest level recorded by the statistics agency in data going back to 1999. (Shutterstock)
January 28th, 2019 - 08:05 GMT

Saudi Arabia Unemployment Eased Marginally to 12.8 Percent

Jerome Briet, Chief Development Officer, Marriott International MEA
January 28th, 2019 - 07:48 GMT

Marriott International Appoints Jerome Briet as Chief Development Officer for the Middle East and Africa

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