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Sharjah Islamic Bank’s profit up 27%

  Sharjah / WAM Sharjah Islamic Bank (SIB) recorded net profit of AED514.1 million for the year ended in December 31, 2021, an increase of 26.7% compared to AED405.8 million for the same period in 2020. The bank also reported AED850.7 million in operating profits , an increase by 21.9%, compared to AED697.7 million in the previous year. Despite the ...

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A vaccine to prevent all Covid is within reach

  Pfizer Inc and Moderna Inc are starting to churn out doses of omicron-specific vaccines, and they say they could have data on whether the shots are effective as soon as March. But is this the best way to build and maintain protection against Covid-19? The world is breeding new variants so fast, it may not make sense to chase ...

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European gas storage is half-empty

On Christmas eve, Gazprom, the Russian state-owned natural gas giant, tweeted a rather unfestive message: Gas inventories in Europe were depleting quickly. Since then, Gazprom has been reminding the world of the trend every few days. “It should be noted that gas reserves in Europe’s UGS (underground gas storages) are currently at their lowest for the season in the long ...

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