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SAIB reports $139 million Q1 net profit

its assets increased by 20.08 percent to $43.65bn.

Nissan forecasts $5.3bn annual net loss

Last year, it announced 9,000 job cuts worldwide.

Saudia to acquire 20 wide-body aircraft

10 of these being acquired for its flydaeal low-cost airline

ADIB’s Q1 net profit $517 million

Q1 2025 net profit before tax increased 18% YoY.

Emirates Islamic Q1 profit $394m

The bank's profit crossed AED 1bn mark for the first time.

Sharjah Economic Development Department processes 14,210 licenses during Q3

Sharjah Economic Development Department has processed more than 14,000 licenses in Q3.
  • The majority of the licenses processed belonged to the commercial sector, followed by professional.
  • The growth of business licenses confirms the strength of the local economy, Sultan Abdullah bin Hadda Al Suwaidi.

Sharjah Economic Development Department (SEDD) has processed 14,210 licenses submitted through its smart applications on its website as well as service centers during the third quarter of 2021.
Of the 14,210 licenses, 1,473 were issued licenses and the 12,737 renewed ones.
SEDD data said commercial licenses took the lead with 868 licenses, followed by professional (432), industrial (69) and e-commerce licenses (43).
A total of 7,795 commercial licenses were renewed in Q3, followed by professional (4,286) and industrial (504).
In addition, the number of renewed licenses for “Eitimad” domestic licenses reached 126, while the number of renewed e-commerce licenses was 25.
Sultan Abdullah bin Hadda Al Suwaidi, SEDD Chairman, said the continued growth of business licenses confirms the strength of the local economy and the attractiveness of the investment environment.