INSEAD Day 4 - 728x90

Bank of Sharjah profit up 39%

Bank's total assets grow 10% to $14.4 billion.

DIB H1 net profit $1bn

Gross revenue increased 10% year on year

SIB H1 profit up 15.3%

Total operating income rises 20.5 percent.

flydubai Aleppo flights resumed

The flights were resumed after nearly 14 years.

Samsung biggest chip investor

The tech giant invested nearly $59.2bn in 2025.

Saudi Arabia constitutes center for promoting moderate Islam: North Macedonia Mufti

Skopje – Islamic Union President and Republic of North Macedonia Mufti Sheikh Hafiz Şakir Fetahu stressed that Saudi Arabia has...

UAE realty sector poised for growth as central bank forecasts 6.2% GDP growth in 2025

Factors such as increased foreign investment, ambitious urban projects, and favorable regulatory reforms are expected to propel the real estate...

Business
Business

DMZ, Sheraa sign deal to support 15 startups from Sharjah

Sheraa’s startup community will now have access to the DMZ’s on-demand learning platform called ‘Launchpad’.
  • Sheraa’s startup community will now have access to the DMZ’s on-demand learning platform called ‘Launchpad’.
  • The platform is designed to support aspiring and early-stage entrepreneurs in developing foundational business skills.
Economy

Jordan approves executive program of Economic Modernization Vision

The executive program includes a specific time frame for implementation, clear indicators for measuring performance, and an electronic system to...
  • The executive program includes a specific time frame for implementation, clear indicators for measuring performance, and an electronic system to follow up on achievement
  • Prime Minister Bisher Khasawneh directed all relevant ministries and institutions to start implementing the executive program within the timelines set forth therein
Business

Oman LNG inks three agreements with Japanese firms

The new agreements will see Oman LNG supplying LNG based on contracts varying from 5 to 10 years.
  • The new agreements will see Oman LNG supplying LNG based on contracts varying from 5 to 10 years
  • Such a step comes as a significant milestone for Oman LNG, as it complements the company's effort to renew its contracts with Japan
Business

5.4 billion World Cup viewers watch beIN MEDIA GROUP’s coverage

The final match, that saw Argentina claiming their second World Cup trophy after beating France 4-2 on penalties, recorded 242.8...
  • The final match, that saw Argentina claiming their second World Cup trophy recorded 242.8 million views on beIN SPORTS free-to-air channel
  • The final of the FIFA World Cup Qatar 2022 attracted 88 million more viewers on beIN SPORTS than the final of FIFA World Cup Russia 2018
Economy

Sharjah approves $9bn general budget for 2023

The general budget for this year aims to achieve financial sustainability and enhance the economic competitiveness of the emirate.
  • The general budget for this year aims to achieve financial sustainability and enhance the economic competitiveness of the emirate
  • The budget has adopted many goals, priorities and strategic indicators with economic, social, scientific and cultural dimensions.
Economy

UAE Cybersecurity Council warns against cyber attacks during New Year celebrations

The council highlighted the need for all authorities and institutions to activate their cyber defence systems.
  • The council highlighted the need for all authorities and institutions to activate their cyber defence systems
  • It also noted that hacking tools have now become easier to use, enabling hackers to take advantage of the holiday season
Business

UAE announces inclusion of Creative Zone in NextGenFDI initiative

ABU DHABI, UAE  - The Ministry of Economy has announced that Creative Zone, one of the UAE's largest consulting and...
  • The NextGenFDI program, which was launched in July 2022, aims to attract digitally-advanced companies to the UAE.
  • NextGenFDI includes fast business licensing, group visa issuance, fast access to banking facilities, as well as access to educational and cloud services.
Economy

Dubai Land Department launches its strategic plan 2026

DUBAI, UAE :  The Dubai Land Department (DLD) launched its new strategic plan and vision, shaping the features and landmarks...
  • The new strategic plan is in line with the national agenda to build a better economy.
  • DLD has a mission of enabling the real estate community by providing seamless services, effective legislation and integrated data.
Business

DEWA’s hydroelectric power plant in Hatta is 59 percent complete

DUBAI, UAE -  The Dubai Electricity and Water Authority (DEWA) under-construction pumped-storage hydroelectric power plant site in Hatta is 58.48...
  • This is the first station of its kind in the GCC, with investments of up to US$387 million.
  • The power plant will have a production capacity of 250 megawatts, a storage capacity of 1,500 megawatt-hours.
Economy

UAE Ministry of Climate Change organizes first meeting of Farmers’ Council

DUBAI, UAE -  UAE Minister of Climate Change and the Environment Mariam bint Mohammed Almheiri presided over the first meeting...
  • The meeting highlighted the government directions to promote sustainable modern farming systems across the UAE.
  • The meeting discussed the government's decisions to increase the agricultural sector’s productivity, commercial value and enhance food security.

Saudi Arabia constitutes center for promoting moderate Islam: North Macedonia Mufti

Skopje – Islamic Union President and Republic of North Macedonia Mufti Sheikh Hafiz Şakir Fetahu stressed that Saudi Arabia has...

Company News

Latest News

Yemeni rebels attack British ship in Bab el-Mandeb Strait: report

Dubai, UAE - Rebels from the Yemeni Ansar Allah movement (the Houthi) have staged a drone attack on a British...
Geostrategy

Tunisia aims to reach 30% renewable energy by 2030: Delegate to COP28

Dubai, UAE - Tunisia has set a goal to reduce greenhouse gas emissions by 45 percent by 2030, and is...
COP28 UAE

Zain KSA expands 5G network

The company launched the first zero-emission 5G network.
Business
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

COP28 UAE

Abu Dhabi Global Market announced as home to $30 billion ALTÉRRA

Abu Dhabi, UAE - The Abu Dhabi Global Market (ADGM) was announced as the home of the newly launched catalytic...
  • As the principal climate finance partner of COP28, ADGM has played a pivotal role in shaping the global dialogue on climate finance
  • The initiative, which saw the UAE commit a US$30 billion in catalytic capital, positions ALTÉRRA to mobilise US$250 billion globally by 2030
COP28 UAE

COP28’s Green Zone: A central hub for climate-related activities

Dubai, UAE - The Green Zone at the COP28, overseen and managed by the conference presidency team, serves as a...
  • Starting on December 3, the Green Zone will host attendees throughout the COP28 week, providing access to exhibitions, artistic installations, film screenings etc
  • Specialized centres within the Green Zone provide opportunities for learning, skill development, and collaboration to address climate change
Economy

UAE, Philippines to cooperate in digital sector with focus on data centers

Abu Dhabi, UAE - The UAE and Philippines signed an agreement to create a framework for investment in the digital...
  • As physical facilities that organizations use to store critical data and run applications, data centers are vital parts of the digital economy infrastructure
  • Recognized as one of the emerging data center markets worldwide, the Philippines offers a robust, rapidly growing ecosystem in this sector