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.

FNC’s UAE-EU friendship groups meets with Czech parliament

The UAE’s investment in local clean energy projects is valued at over US$40 billion, the FNC member said.
  • The meeting discussed the importance of strengthening the cooperation between the two parliaments.
  • The two parliamentary groups discussed ways of improving the relations between them.

PRAGUE, CZECH REPUBLIC – Members of the UAE-EU Parliamentary Friendship Group of the Federal National Council (FNC), headed by Sarah Mohammed Falkinaz met with the members of the UAE-Czech Parliamentary Friendship Committee, headed by Margita Balaštíková.

The meeting was also attended by Afraa Al Basty, FNC Assistant Secretary-General for Parliamentary Communication, several FNC members and Jiří Slavík, Ambassador of the Czech Republic to the UAE.

The meeting discussed the importance of strengthening the cooperation between the two parliaments and ways of improving the relations between them.

The participants also talked about the recent advancement in the economic cooperation between the two countries, as the UAE is the second-largest non-European trade partner of the Czech Republic after China.

Trade relations between the UAE and Czech Republic totaled some US$1.16 billion in 2021.

Czech exports to the UAE amounted to US$821 million while imports from the UAE were valued at US$337 million during the same period.

The meeting also highlighted the UAE’s achievements in women empowerment, most notably their parliamentary representation, as women account for 50 percent of seats in the FNC.

Margita Balaštíková spoke of the deep-rooted relations between the two countries, which have witnessed significant overall development, noting the importance of exchanging visits and strengthening the communication between the two parliamentary committees.