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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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Bank ABC announces H1 2024 results: Net profit attributable to the shareholders of the parent grew 24% year-on-year to US$ 150 million
August 12th, 2024 - 05:56 GMT

Bank ABC announces H1 2024 results: Net profit attributable to the shareholders of the parent grew 24% year-on-year to US$ 150 million

Ooredoo and Tech Mahindra Strengthen Partnership to Excel in Digital Customer Experience
August 12th, 2024 - 05:00 GMT

Ooredoo and Tech Mahindra Strengthen Partnership to Excel in Digital Customer Experience

Saudi Arabia outlines updated investment legislation to attract foreign capital
August 11th, 2024 - 09:28 GMT

Saudi Arabia outlines updated investment legislation to attract foreign capital

FDA rejects long-awaited MDMA drug for PTSD treatment
August 11th, 2024 - 08:39 GMT

FDA rejects long-awaited MDMA drug for PTSD treatment

Saudi Arabia updates its investment law for foreign investors
August 11th, 2024 - 12:22 GMT
Reema Tuqan

Saudi Arabia updates its investment law for foreign investors

 Orange Jordan Honors Tawjihi Top Students on “Yesed Sabahak”
August 11th, 2024 - 08:24 GMT

Orange Jordan Honors Tawjihi Top Students on “Yesed Sabahak”

Turkey
August 11th, 2024 - 08:23 GMT
Reema Tuqan

Turkey removes ban on Instagram

Burgan Cares: Expanding Educational Support with MBA Programs Alongside Continued Bachelor’s Degree Opportunities
August 11th, 2024 - 08:13 GMT

Burgan Cares: Expanding Educational Support with MBA Programs Alongside Continued Bachelor’s Degree Opportunities

NBB Congratulates Mohammad Jamil and Rashid Ebrahim for winning a Luxury Villa and USD 100,000 with Thara’a Prize Account
August 11th, 2024 - 07:57 GMT

NBB Congratulates Mohammad Jamil and Rashid Ebrahim for winning a Luxury Villa and USD 100,000 with Thara’a Prize Account

Germany
August 11th, 2024 - 07:57 GMT

Germany's annual inflation see rise by 2.3% in July

Dubai Customs Completes Radiation Safety Assessment of Container Scanning Devices in Record Time
August 11th, 2024 - 07:50 GMT

Dubai Customs Completes Radiation Safety Assessment of Container Scanning Devices in Record Time

MG Motor Middle East Launches Regional Call Centre (Talk2MG) to Enhance Customer Service
August 11th, 2024 - 07:41 GMT

MG Motor Middle East Launches Regional Call Centre (Talk2MG) to Enhance Customer Service

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