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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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Al Salam Bank Signs MoU with Bareeq Al Retaj
August 5th, 2024 - 06:01 GMT

Al Salam Bank Signs MoU with Bareeq Al Retaj

Markaz: Kuwait markets positive in July due to rebound in non-oil sector
August 5th, 2024 - 04:38 GMT

Markaz: Kuwait markets positive in July due to rebound in non-oil sector

Saudi Arabia boosts trade with South Korea at $2.75B in May
August 4th, 2024 - 08:46 GMT

Saudi Arabia boosts trade with South Korea at $2.75B in May

Neuralink implants second brain chip in a human, “Let's give people superpowers”
August 4th, 2024 - 08:15 GMT

Neuralink implants second brain chip in a human, “Let's give people superpowers”

Kuwait introduces face-print for employees attendance
August 4th, 2024 - 11:56 GMT
Reema Tuqan

Kuwait introduces face-print technology for employees attendance

Warren Buffett sells Berkshire Hathaway's Apple shares
August 4th, 2024 - 09:07 GMT
Reema Tuqan

Warren Buffett sells Berkshire Hathaway's Apple shares

Federal Tax Authority Urges Resident Juridical Persons with Licences Issued in June to Register for Corporate Tax by 31 August 2024
August 4th, 2024 - 08:27 GMT

Federal Tax Authority Urges Resident Juridical Persons with Licences Issued in June to Register for Corporate Tax by 31 August 2024

Apple
August 4th, 2024 - 08:10 GMT

Apple's Q2 financial results, income rises 7.5% as iPad sales surge

Emirates Steel Arkan Delivers AED 3.96 billion Revenues in H1 2024
August 4th, 2024 - 07:45 GMT

Emirates Steel Arkan Delivers AED 3.96 billion Revenues in H1 2024

South Korea
August 4th, 2024 - 07:34 GMT

South Korea’s annual inflation rise above expectations in July

DAMAC Signs the Main Works Contract for DAMAC Harbour Lights
August 4th, 2024 - 07:30 GMT

DAMAC Signs the Main Works Contract for DAMAC Harbour Lights

Discover Summer in London with Sheraton Grand Park Lane London's Exclusive Offer for Middle Eastern Travelers
August 4th, 2024 - 07:26 GMT

Discover Summer in London with Sheraton Grand Park Lane London's Exclusive Offer for Middle Eastern Travelers

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