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UN condemns ‘despicable’ suicide attack on mosque in Afghanistan

NEW YORK / WAM The United Nations has condemned the deadly suicide bombing during Friday prayers at a mosque in the city of Kandahar, in southern Afghanistan, which killed at least 30 people and wounded dozens more. UN Secretary-General António Guterres condemned the attack in the strongest terms, describing it as “despicable”, said a statement. “The perpetrators of this latest ...

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SIB’s net profit grows 30% in first 9 months of 2021

DUBAI / WAM Sharjah Islamic Bank (SIB) recorded an increase of 29.6 percent in the net profit reaching at AED 458.0 million for the nine months period ended on September 30, 2021 compared to AED 353.4 million for the same period in 2020. The Bank also reported an increase in operating profits by 29.3percent, reaching AED 652.9 million for the ...

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AD Ports Group revenue rises 21% to AED1.83b in H1 2021

ABU DHABI / WAM AD Ports Group on Saturday announced its financial results for the first half of the year ended on June 30, 2021, reporting revenue increase of 21% year-on-year to AED 1,832 million ($499 million) compared with AED 1,517 million ($413 million) in the first half of 2020, driven by organic growth, diversification into new businesses, new leases ...

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