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Luberef net profit falls 7% in Q1

A fall in by-products sales leads to profit dip.

SABIC net loss $322 million

The company's net profit was $66m in Q1 2024

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Sharjah supports low-income families with $3 million

The Sharjah Charity International has provided $3 million assistance. (Representative pic)
  • The Sharjah Charity International has provided $3 million assistance in the first half of this year
  • The society relies on the charitable contributions of benefactors to support deserving families

Sharjah has announced that its monthly assistance targets low-income families to meet their living needs. The aid is provided by the Sharjah Charity International (SCI).  

The SCI has provided AED10.3 million ($3 million) assistance in the first half of this year. The number of beneficiaries was estimated at 6,000 beneficiaries. 

Dr. Ali Muhammad Al Salami, Acting Head of the Institutional Services Sector, said that the Society relies on the donations and charitable contributions of benefactors to support deserving families, as it includes among its records a large number of cases of widows, orphans, needy families and divorced women who have no income to guarantee them a decent life.