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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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One Of The World’s Largest Known Faceted Black Diamonds – 555.55 Carats – On View At DMCC’s Dubai Diamond Exchange
January 18th, 2022 - 04:04 GMT

One Of The World’s Largest Known Faceted Black Diamonds – 555.55 Carats – On View At DMCC’s Dubai Diamond Exchange

Mastercard Builds On Its Diversity Commitment By Joining Pledge To Accelerate Gender Balance In The UAE Private Sector
January 18th, 2022 - 03:46 GMT

Mastercard Builds On Its Diversity Commitment By Joining Pledge To Accelerate Gender Balance In The UAEUFXDX Private Sector

Bank ABC wins big at the Global Finance-World’s Best Treasury and Cash Management Banks 2022 award
January 18th, 2022 - 12:25 GMT

Bank ABC wins big at the Global Finance-World’s Best Treasury and Cash Management Banks 2022 award

Aldar And Diamond Developers To Launch The Sustainable City - Yas Island
January 18th, 2022 - 12:25 GMT

Aldar And Diamond Developers To Launch The Sustainable City - Yas Island

Bahrain-Based Crypto Platform Raises $110M In Latest Funding Round
January 18th, 2022 - 11:21 GMT

Bahrain-Based Crypto Platform Raises $110M In Latest Funding Round

Dubai Customs’ achievements in 2021
January 18th, 2022 - 11:15 GMT

Dubai Customs’ Achievements in 2021

DP World Chair Tells CNN: Fixing Supply Chain Will Take Years
January 18th, 2022 - 10:52 GMT

DP World Chair Tells CNN: Fixing Supply Chain Will Take Years

Empower Calls For Expanded Adoption Of District Cooling Solutions For Sustainable Communities
January 18th, 2022 - 09:53 GMT

Empower Calls For Expanded Adoption Of District Cooling Solutions For Sustainable Communities

SAP Names Emmanuel Raptopoulos Regional President Of EMEA South
January 18th, 2022 - 08:59 GMT

SAP Names Emmanuel Raptopoulos Regional President Of EMEA South

FAB Goes Live With Arab Monetary Fund’s Buna System To Support Enhanced Cross-border Payments
January 18th, 2022 - 08:59 GMT

FAB Goes Live With Arab Monetary Fund’s Buna System To Support Enhanced Cross-border Payments

Abu Dhabi Global Market CEO Leaves to Focus on Fintech Work: Report
January 18th, 2022 - 08:59 GMT

Abu Dhabi Global Market CEO Leaves to Focus on Fintech Work: Report

Moderna Aims to Release Single COVID/Flu Booster Vaccine in 2023
January 18th, 2022 - 08:15 GMT

Moderna Aims to Release Single COVID/Flu Booster Vaccine in 2023

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