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Sharjah Islamic Bank closed 2025 with a strong financial performance, posting a net profit of AED 1.32 billion, up 26% year on year. Growth was driven by solid expansion across core activities, higher income from Islamic financing and sukuk, and a steady increase in customer deposits. The Bank maintained strong liquidity and proposed a higher cash dividend, reflecting its focus on sustainable growth, income stability, and long-term value for shareholders.
23/01/2026
China is launching the first regular Arctic cargo route to Europe, offering faster journeys and lower fuel costs as melting ice and Red Sea risks reshape global shipping.
ADNOC Distribution’s Q2 profit nearly doubled to AED 1.32 billion, driven largely by higher fuel prices and inventory gains despite almost flat fuel sales.
Central banks’ efforts to keep markets stable may be creating unintended risks. Emergency lending and market backstops have encouraged highly leveraged government bond trades, potentially lowering borrowing costs while increasing financial vulnerabilities that could require further intervention during the next crisis.
Space42’s first-half results, with revenue up 15% and satellite-to-phone services on standard devices targeted for commercial rollout by the end of 2026, are the kind most space companies globally can’t show, and that’s what makes the regional story worth a closer look
13/08/2026
