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BUSINESS

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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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Dr. Fathy Saoud, Former President Of Qatar Foundation, Passes Away
January 22nd, 2022 - 07:06 GMT

Dr. Fathy Saoud, Former President Of Qatar Foundation, Passes Away

Lebanon: Bank Employees Demand Stricter Security Measures After Hostage Standoff
January 22nd, 2022 - 05:20 GMT

Lebanon: Bank Employees Demand Stricter Security Measures After Hostage Standoff

Crypto Prices Today: Bitcoin Plunges to $35K
January 22nd, 2022 - 04:53 GMT

Crypto Prices Today: Bitcoin Plunges to $35K

Crypto Prices Today: Bitcoin Plummets to $38K
January 21st, 2022 - 03:45 GMT

Crypto Prices Today: Bitcoin Plummets to $38K

How Did WEF 2022 Tackled Crypto in Davos
January 21st, 2022 - 02:22 GMT

How WEF 2022 Tackled Crypto in Davos

Priority Pass Announces Global Partnership with CarTrawler to Drive Frictionless Travel Experiences
January 21st, 2022 - 01:32 GMT

Priority Pass Announces Global Partnership with CarTrawler to Drive Frictionless Travel Experiences

Azizi Developments Recognises Winners Of 2022 Dubai World Cup Carnival
January 21st, 2022 - 01:32 GMT

Azizi Developments Recognises Winners Of 2022 Dubai World Cup Carnival

Network International Launches Tap On Phone In Partnership With Mastercard To Expand Digital Payment Acceptance Across Middle East & Africa
January 20th, 2022 - 10:03 GMT

Network International Launches Tap On Phone In Partnership With Mastercard To Expand Digital Payment Acceptance Across Middle East & Africa

Gulf Craft Marks 20 Years of Manufacturing  in the Maldives
January 20th, 2022 - 09:57 GMT

Gulf Craft Marks 20 Years of Manufacturing in the Maldives

Transitioning to Green Government Procurement Practices Could Cut 15% of Global Greenhouse Gas Emissions
January 20th, 2022 - 08:49 GMT

Transitioning to Green Government Procurement Practices Could Cut 15% of Global Greenhouse Gas Emissions

Intel And du Collaborate To Enable Digital Transformation Of Organisations Through 5G Private Wireless Network
January 20th, 2022 - 08:42 GMT

Intel And du Collaborate To Enable Digital Transformation Of Organisations Through 5G Private Wireless Network

Mobily To Unveil Breakthrough Innovations During LEAP22
January 20th, 2022 - 08:31 GMT

Mobily To Unveil Breakthrough Innovations During LEAP22

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