IHC records net profit of AED8 billion in Q1 2024, launches AED5 billion Share Buyback Programme

May 06, 2024

International Holding Company (IHC) announced an 87.6 per cent growth for the first quarter of 2024 (Q1 2024), with AED 8 billion in net...

Sharjah Islamic Bank's profit before tax increased by 29 pc for nine-month period ended Sept 30

Oct 17, 2024

Sharjah Islamic Bank (SIB) announced an increase in its profit before tax by 29 per cent, amounting to AED 992.1 million for the first...

CBUAE's foreign assets up to AED 592.11 billion in June

Aug 22, 2023

Foreign securities are down to AED 165.42 bn from AED 171.03 during the same reference period, with other foreign assets up to AED 63.46...

Sharjah Ramadan Festival 2024 records AED 400 million in sales

Apr 14, 2024

The Sharjah Ramadan Festival 2024, which concluded its 34th edition last night, Saturday, recorded major success in revitalising the retail sector and commercial activity...

UAE market cap soars as top 16 companies hit AED 2.7 trillion

Jan 05, 2024

As of January 2024, the aggregate market capitalisation of the top 16 national companies listed on local exchanges stood at AED2.7 trillion. Driven by...

Ras Al Khaimah records significant economic growth

Oct 31, 2024

The Department of Economic Development in Ras Al Khaimah has reported substantial growth in economic activity. As of September 2024, the total capital of...