INSEAD Day 4 - 728x90

Sanad posts record revenue

Growth driven by global demand for services.

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.

  • The 50% cash dividend would be to the tune of US$2.12bn.

    The annual meeting commended the bank's three consecutive years of accelerated business momentum, and its strong platform for future growth

    The bank's CEO said that FAB achieved a record net profit of $4.46bn and $7.56bn in revenue in 2023, fueled by growth across all core businesses

  • DUBAI, UAE – Dubai Mall welcomed a record 105 million visitors in 2023, a jump of over 19 percent on...

    Figures also showed a staggering 20 million people visited the mall in the first two months of this year alone.

    The mall's events and promotions in 2023 and the beginning of 2024 were a key driver of its foot traffic.

  • Hong Kong, China - Asian markets largely fell on Tuesday after China set an ambitious five percent annual growth target and...

    Tokyo finished flat, a day after Japan's benchmark Nikkei index hit a record high, closing above 40,000 points for the first time.

    Sydney, Seoul, Mumbai, Jakarta, Bangkok, Singapore, Manila and Kuala Lumpur were down, while Taipei and Wellington were up.

  • Michael Stuebgen, interior minister for Brandenburg state, said that "if initial findings are confirmed, this is a perfidious attack on...

    Emergency services were called to reports of a burning electricity pylon southeast of Berlin in the early hours, in the area the factory is located

    But it knocked out power to the Tesla factory, as well as surrounding villages, and police have launched an investigation into suspected arson

  • Revenue in 2023 grew by 10 percent YoY to $599 million.

    The approved cash dividend payment is in line with the dividend policy set out in the IPO prospectus

    TECOM Group committed to paying a dividend amount of $217 million per annum through September 2025.

  • Uber Eats' boxy robots have square headlights for eyes and three wheels on each side to navigate kerbs as they...

    Starting Wednesday, robot deliveries will be offered in a small area of the city by the US-based food app, which hopes to eventually roll out the service more widely in Japan

    Japan changed traffic laws last year to allow delivery robots on public streets and other companies including Panasonic are also trialing cute new machines to transport goods

  • They will utilize outdoor media-leasing spaces for advertising.

    Viola will set up and operate outdoor media advertising solutions on ADNOC assets in strategic locations across the capital

    The company's diverse assets are expected to boost the local business ecosystem and introduce innovative revenue streams

  • Earlier, a federal judge ruled it violated US antitrust law.

    Shares of Spirit slumped 14.5 percent in early trading Monday, while JetBlue rose 3.9 percent

    Spirit said it has enlisted advisors on efforts to refinance and reduce debt payments

  • Dubai, UAE - The UAE’s foodservice market is poised to reach $19.98 billion in 2024, with further projections indicating a substantial...

    The report emphasizes the robust expansion of the F&B sector, forecasting a compound annual growth rate (CAGR) of 17.09%

    Fine dining is experiencing substantial growth with annual increases of almost 20% in Dubai and 33% in Abu Dhabi

  • It is part of the airlines' effort to 'modernize' its fleet.

    The airline said in a statement that the order comprises 260 new planes, plus options for an additional 193 aircraft

    Its CEO said the airline has invested heavily to modernize and simplify its fleet, the largest among US network carriers