Recent Posts

Sharjah Ruler allocates AED 2.5M to update Sharjah’s libraries

His Highness Sheikh Dr Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, has directed the allocation of AED 2.5 million to provide public and governmental libraries across the Emirate with the latest publications from Arabic and international publishers participating in the 16th edition of the Sharjah Children’s Reading Festival. This initiative continues His Highness’s longstanding commitment ...

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Real estate trading value increases by 31.9% during Q1 2025

The real estate trading value in the Emirate of Sharjah has reached AED 13.2 billion during the first quarter of 2025, with a growth rate of 31.9% compared to the same period in 2024, as it amounted to approximately AED 10 billion. The number of transactions executed by the department reached 24,597, with a growth rate of 4.8% compared to ...

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SIB reports a net profit of AED 318.9 MM for 1st quarter of 2025

Sharjah Islamic Bank (SIB) commenced the year 2025 with strong financial performance during the first quarter, achieving a net profit after tax of AED 318.9 million, an increase of 24.6% compared to AED 255.9 million in the first quarter of 2024. Income from investments in Islamic financing and sukuk grew by AED 56.2 million, or 6.6%, reaching AED 914.3 million ...

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