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.
  • The carvings - 12 panels measuring five metres (16 feet) wide and two metres tall - date from the reigns...

    The carvings -- 12 panels measuring five metres (16 feet) wide and two metres tall -- date from the reigns of Sargon II (721-705 BC) and his son Sennacherib

    Iraq was the cradle of some world's earliest cities. It was once home to Sumerians, Assyrians and Babylonians

  • The plant involves an initial investment of AED 50mn.

    Automotive, industrial and construction lubricants and special greases for electric vehicles will be produced at the plant.

    Named Trinity Lubes & Greases FZC, the facility has a production capacity of 48,000 liters annually in the initial stage.

  • Gross written premium as of Sept. 30 was QAR 750 million.

    The gap in gross written premium continues to narrow down as compared to previous quarters, the company said.

    The net investment income by September was QAR 29.2 million, compared with QAR 30.3 million for the same period in 2020.

  • As many as 560 foreign companies are operating in the Omani governorate of Al Wusta and their capital investments by...

    By the end of Sept. 2021, the capital investment of these firms reached $3.37 billion.

    The number of industrial licenses registered in Al Wusta during the first nine months of 2021 was 177.

  • China is targeting an ambitious clean energy goal of reducing fossil fuel use to under 20 percent by 2060, according...

    The document follows a pledge by President Xi Jinping to wean the world's biggest polluter off coal

    But the country has been criticized for pushing ahead with opening dozens of new coal power plants

  • There are about 186 major maritime container ports worldwide. Do you know the names of the biggest container ports in...

    Trade between nations has always made a significant contribution in terms of increasing wealth among the world population.

    Today, more than 80 percent of all trade is seaborne and maritime ports are playing significant for commercial and navigational purposes

  • The Kuwait-based National Aviation Services (NAS), a subsidiary of Kuwait-based logistics provider Agility Public Warehousing, has acquired 51 per cent...

    Siginon Aviation is the largest aviation cargo management and ground handling company in Kenya

    The company did not disclose the cost of the deal, but it said the enterprise value is approximately 12 million Kuwaiti dinars ($40 million).

  • Net profit in Q3 alone increased by 5.71 percent

    The company attributed the rise in profits in the third quarter to the rise in revenues and a decrease in operating expenses.

    STC's shares are up nearly 20 percent so far this year

  • The emirate will see a number of new initiatives that will bring new opportunities to the sector, Sheikh Rashid bin...

    The annual cost of caring for a racehorse training in the UAE is about $30,000

    The total money spent by the sector in the country for racehorse training is $570 million

  • Al Rajhi Bank of Saudi Arabia posted a 44 percent rise in net profit to $2.86 billion for the first...

    The higher net profit for Q3 2021 is spurred by 43 percent year-on-year to SR 3.794 billion, compared to the third quarter of 2020

    The bank attributed the profit increase to the rise in total operating income by 26.4 percent, as a result of higher net financing and investment income