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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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House sales
August 14th, 2024 - 12:12 GMT

House sales in Türkiye go up by 16% in July

unemployment
August 14th, 2024 - 10:42 GMT

UK's unemployment rate falls below estimates in April-June

New functions, extensive updates: My BMW App offers decision-making tool for switching from combustion engine to electric power.
August 14th, 2024 - 10:14 GMT

New functions, extensive updates: My BMW App offers decision-making tool for switching from combustion engine to electric power.

As the ‘Age of AI’ Beckons, it’s Time to get Serious about Data Resilience
August 14th, 2024 - 10:03 GMT

As the ‘Age of AI’ Beckons, it’s Time to get Serious about Data Resilience

NVIDIA DLSS available now in Warhammer 40,000: Speed Freeks and more games this week
August 14th, 2024 - 09:58 GMT

NVIDIA DLSS available now in Warhammer 40,000: Speed Freeks and more games this week

Ooredoo Kuwait Unveils Revolutionary 5G-Enabled "Home Internet" Solutions with a Range of Options for Individuals and Families
August 14th, 2024 - 09:50 GMT

Ooredoo Kuwait Unveils Revolutionary 5G-Enabled "Home Internet" Solutions with a Range of Options for Individuals and Families

Federal Tax Authority issues Public Clarification on Corporate Tax to raise awareness of the first Tax Period for a juridical person
August 14th, 2024 - 09:38 GMT

Federal Tax Authority issues Public Clarification on Corporate Tax to raise awareness of the first Tax Period for a juridical person

Indian businesses top the list of nationalities of new companies joining Dubai Chamber of Commerce during H1 2024 with 7,860 new members
August 14th, 2024 - 09:34 GMT

Indian businesses top the list of nationalities of new companies joining Dubai Chamber of Commerce during H1 2024 with 7,860 new members

Gartner Says Everyday AI and Digital Employee Experience Are Two Years Away from Mainstream Adoption
August 14th, 2024 - 09:09 GMT

Gartner Says Everyday AI and Digital Employee Experience Are Two Years Away from Mainstream Adoption

Get Double the Speed with Ooredoo’s Fibre Home Internet
August 14th, 2024 - 09:03 GMT

Get Double the Speed with Ooredoo’s Fibre Home Internet

Abu Dhabi Securities Exchange (ADX) Signs Memorandum of Understanding with Armenia Securities Exchange (AMX)
August 14th, 2024 - 08:57 GMT

Abu Dhabi Securities Exchange (ADX) Signs Memorandum of Understanding with Armenia Securities Exchange (AMX)

HUAWEI FreeBuds 6i Lead a Quiet Revolution in Affordable Wireless Earbuds
August 14th, 2024 - 08:45 GMT

HUAWEI FreeBuds 6i Lead a Quiet Revolution in Affordable Wireless Earbuds

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