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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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Rixos Premium Dubai and McLaren Dubai showcases the Style and Class of the Artura Spider
August 14th, 2024 - 08:29 GMT

Rixos Premium Dubai and McLaren Dubai showcase the Style and Class of the Artura Spider

The HUAWEI Pura 70 Ultra’s Retractable Camera is a Gamechanger in Smartphone Photography
August 14th, 2024 - 08:19 GMT

The HUAWEI Pura 70 Ultra’s Retractable Camera is a Gamechanger in Smartphone Photography

InterContinental Maldives Maamunagau Resort Unveils the Ultimate Teen Escape with Unique Teen Offerings
August 14th, 2024 - 08:15 GMT

InterContinental Maldives Maamunagau Resort Unveils the Ultimate Teen Escape with Unique Teen Offerings

KIB warns customers against falling victim to real estate fraud through social media platforms and ad apps
August 14th, 2024 - 08:03 GMT

KIB warns customers against falling victim to real estate fraud through social media platforms and ad apps

Elon Musk's xAI releases Grok-2 and Grok-2 Mini on X Social network
August 14th, 2024 - 07:28 GMT

Musk's Grok AI shocks users with high-quality AI pictures

Gulf Insurance Group announces net profit of KD 16.8 million (US$ 54.7 million) for the first half of 2024
August 14th, 2024 - 07:17 GMT

Gulf Insurance Group announces net profit of KD 16.8 million (US$ 54.7 million) for the first half of 2024

electric
August 14th, 2024 - 07:00 GMT
Reema Tuqan

Chinese electric car company claims the world’s fastest charging battery, outpacing Tesla

A gulf state bans cash purchases for cars
August 14th, 2024 - 06:17 GMT
Reema Tuqan

A gulf state to ban cash purchases for cars

Gold prices in Dubai Today Wednesday, August 14, 2024
August 14th, 2024 - 06:12 GMT

Gold prices in Dubai Today Wednesday, August 14, 2024

Gold prices in Riyadh Today 14 August 2024
August 14th, 2024 - 06:12 GMT

Gold prices in Riyadh Today 14 August 2024

Gold prices in Qatar Today Wednesday, August 14 2024
August 14th, 2024 - 06:12 GMT

Gold prices in Qatar Today Wednesday, August 14 2024

Gold prices in Jordan Today 14 August, Wednesday
August 14th, 2024 - 06:12 GMT

Gold prices in Jordan Today 14 August, Wednesday

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