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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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85% of Companies in the GCC Rank Innovation as a Top Priority, Yet Face Significant Readiness Challenges
August 7th, 2024 - 08:55 GMT

85% of Companies in the GCC Rank Innovation as a Top Priority, Yet Face Significant Readiness Challenges

 Amlak Finance announces H1 2024 financial results
August 7th, 2024 - 08:48 GMT

Amlak Finance announces H1 2024 financial results

Ooredoo Introduces Geofencing to Support Business Owners in Making Informed Choices
August 7th, 2024 - 08:36 GMT

Ooredoo Introduces Geofencing to Support Business Owners in Making Informed Choices

Burjeel Holdings Launches First Dedicated Day Surgery Center in Al Dhafra
August 7th, 2024 - 08:27 GMT

Burjeel Holdings Launches First Dedicated Day Surgery Center in Al Dhafra

Dubai Chamber of Digital Economy promotes Expand North Star to 1500 startups
August 7th, 2024 - 08:20 GMT

Dubai Chamber of Digital Economy promotes Expand North Star to 1500 startups

Applications Now Open: Join the Knowledge Week in Kuwait in October 2024 – Empowering Youth for a Knowledge-Based Economy
August 7th, 2024 - 08:14 GMT

Applications Now Open: Join the Knowledge Week in Kuwait in October 2024 – Empowering Youth for a Knowledge-Based Economy

Bangladesh stocks market records highest boost in 4 years
August 7th, 2024 - 07:47 GMT
Reema Tuqan

Bangladesh stocks market records highest boost in 4 years

Emirates' first retrofitted 777 aircraft featuring its latest cabin interiors takes off to Geneva
August 7th, 2024 - 07:43 GMT

Emirates' first retrofitted 777 aircraft featuring its latest cabin interiors takes off to Geneva

UAE real estate sector sees boost in Q2 2024, Dubai economy thriving
August 7th, 2024 - 07:35 GMT
Reema Tuqan

UAE real estate sector sees boost in Q2 2024, Dubai economy thriving

Hyatt Regency Dubai Unveils Culinary Promotions for August 2024
August 7th, 2024 - 07:30 GMT

Hyatt Regency Dubai Unveils Culinary Promotions for August 2024

Azizi Developments’ Beach Oasis reaches 33% construction milestone
August 7th, 2024 - 07:20 GMT

Azizi Developments’ Beach Oasis reaches 33% construction milestone

Gold prices in Jordan Today 7 August, Wednesday
August 7th, 2024 - 06:24 GMT

Gold prices in Jordan Today 7 August, Wednesday

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