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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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Gartner Predicts 30% of Generative AI Projects Will Be Abandoned After Proof of Concept By End of 2025
August 4th, 2024 - 07:16 GMT

Gartner Predicts 30% of Generative AI Projects Will Be Abandoned After Proof of Concept By End of 2025

World Bank
August 4th, 2024 - 06:51 GMT

World Bank report proposes high-income status strategy

Gold prices in Qatar Today Sunday, August 4, 2024
August 4th, 2024 - 06:19 GMT

Gold prices in Qatar Today Sunday, August 4, 2024

Gold prices in Dubai Today Thursday, August 4, 2024
August 4th, 2024 - 06:18 GMT

Gold prices in Dubai Today Sunday, August 4, 2024

Gold prices in Riyadh Today 4 August 2024
August 4th, 2024 - 06:18 GMT

Gold prices in Riyadh Today 4 August 2024

Gold prices in Jordan Today 4 August, Sunday
August 4th, 2024 - 06:18 GMT

Gold prices in Jordan Today 4 August, Sunday

Fine Solutions Partners with USAID Economic Reform Activity to Expand into New Markets
August 4th, 2024 - 06:03 GMT

Fine Solutions Partners with USAID Economic Reform Activity to Expand into New Markets

Burgan Bank Announces the Names of the Monthly Draw Winners of Kanz Account
August 4th, 2024 - 04:36 GMT

Burgan Bank Announces the Names of the Monthly Draw Winners of Kanz Account

New Leaked Photos of the iPhone 16 Pro
August 3rd, 2024 - 03:59 GMT
Reema Tuqan

New Leaked Photos of the iPhone 16 Pro

International airlines continue to avoid and cancel flights to Beirut
August 3rd, 2024 - 11:02 GMT
Reema Tuqan

International airlines continue to avoid and cancel flights to Beirut

SoftBank founder loses $2.6 billion in just two days
August 3rd, 2024 - 09:20 GMT
Reema Tuqan

SoftBank founder loses $2.6 billion in just two days

Oil declines 3.5%, hits lowest level in 8 months
August 3rd, 2024 - 08:20 GMT
Reema Tuqan

Oil declines 3.5%, hits lowest level in 8 months

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