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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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UAE: Central Bank issues Dh5.8 million fine to a local bank following inspections
August 2nd, 2024 - 03:23 GMT
Reema Tuqan

UAE: Central Bank issues Dh5.8 million fine to a local bank following inspections

Intel terminates 15% of its employees to cut costs
August 2nd, 2024 - 09:53 GMT
Reema Tuqan

Intel terminates 15% of its employees to cut costs

Turkey bans Instagram application
August 2nd, 2024 - 08:19 GMT
Reema Tuqan

Turkey bans Instagram application

Royal Jordanian announces unbeatable travel fares in its MEGA Summer Sale
August 2nd, 2024 - 07:50 GMT

Royal Jordanian announces unbeatable travel fares in its MEGA Summer Sale

The Al-Najaf Al-Ashraf Teaching Hospital, inaugurated in a special ceremony in Iraq
August 2nd, 2024 - 07:45 GMT

The Al-Najaf Al-Ashraf Teaching Hospital, inaugurated in a special ceremony in Iraq

Samsung unveils action-packed event calendar at the Galaxy Experience Space in Mall of the Emirates
August 2nd, 2024 - 07:39 GMT

Samsung unveils action-packed event calendar at the Galaxy Experience Space in Mall of the Emirates

Trump's net wealth drops by $900 million after Kamala Harris joined the white house race
August 2nd, 2024 - 07:07 GMT
Reema Tuqan

Trump's net wealth drops by $900 million after Kamala Harris joined the white house race

Apple sales grow 5%, despite struggling Chinese market
August 2nd, 2024 - 12:37 GMT

Apple sales grow 5%, despite struggling Chinese market

WhatsApp may have blood of Hamas leader Haniyeh on its hand, revealing location to Israel
August 1st, 2024 - 10:48 GMT

WhatsApp may have blood of Hamas leader Haniyeh on its hand, revealing location to Israel

Nissan of Arabian Automobiles Launches 'Empower Your Growth' Fleet Campaign
August 1st, 2024 - 07:29 GMT

Nissan of Arabian Automobiles Launches 'Empower Your Growth' Fleet Campaign

Istanbul Beykent University ranks fourth in the Times Higher Education (THE) Impact Rankings 2024
August 1st, 2024 - 06:49 GMT

Istanbul Beykent University ranks fourth in the Times Higher Education (THE) Impact Rankings 2024

Apple
August 1st, 2024 - 11:17 GMT

Apple under fire for 'Terrible' Thailand ad

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