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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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Abu Dhabi and Dubai ranked as top cities to live in the Middle East and Africa
August 10th, 2024 - 06:27 GMT
Reema Tuqan

Abu Dhabi and Dubai ranked as top cities to live in the Middle East and Africa

Chinese space rocket explodes, posing threat to more than 1,000 satellites
August 10th, 2024 - 05:48 GMT
Reema Tuqan

Chinese space rocket explodes, posing threat to more than 1,000 satellites

OpenAI addresses concerns over ChatGPT’s human-like voice mode
August 10th, 2024 - 03:48 GMT
Reema Tuqan

OpenAI addresses concerns over ChatGPT’s human-like voice mode

Susan Wojcicki, former YouTube CEO, dies at 56 after battle with cancer
August 10th, 2024 - 07:44 GMT
Reema Tuqan

Susan Wojcicki, former YouTube CEO, dies at 56 after battle with cancer

Russia: Putin signs law on cryptocurrency mining
August 9th, 2024 - 08:40 GMT
Reema Tuqan

Russia: Putin signs law on cryptocurrency mining

Lebanese government: supplies will last for 5 weeks if Israel imposes a blockade
August 9th, 2024 - 02:11 GMT
Reema Tuqan

Lebanese government: supplies will last for 5 weeks if Israel imposes a blockade

Apple modifies its App Store fees after European Union warnings
August 9th, 2024 - 11:41 GMT
Reema Tuqan

Apple modifies its App Store fees after European Union warnings

Microsoft: Iranian-linked hackers target US Presidential Campaign officials
August 9th, 2024 - 07:31 GMT
Reema Tuqan

Microsoft: Iranian-linked hackers target US Presidential Campaign officials

Delta airlines calls CrowdStrike outage “unacceptable,” threatens lawsuit
August 8th, 2024 - 09:46 GMT

Delta airlines calls CrowdStrike outage “unacceptable,” threatens lawsuit

Paris Olympics almost had Flying Taxis, scrapped last minute
August 8th, 2024 - 08:23 GMT

Paris Olympics almost had Flying Taxis, scrapped last minute

Dubai Culture launches open call for 13th Sikka Art & Design Festival
August 8th, 2024 - 10:13 GMT

Dubai Culture launches open call for 13th Sikka Art & Design Festival

Samsung Electronics and IOC Launch ‘Together for Tomorrow, Enabling People,’ New Digital Olympic Community for Paris 2024 and Beyond
August 8th, 2024 - 10:09 GMT

Samsung Electronics and IOC Launch ‘Together for Tomorrow, Enabling People,’ New Digital Olympic Community for Paris 2024 and Beyond

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