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.
  • Aviation giant Emirates said Thursday it expects business to grow next year despite the surge in global coronavirus cases fueled...

    The carrier said in November it was already on the path to recovery as six-month losses dropped by more than half from a year earlier.

    The carrier posted an April-September loss of $1.6 billion, compared with losses of $3.4 billion during the same period in 2020.

  • The repayment four years and seven years early totaled $361 million.

    The project finance facilities had been extended by 13 export credit agencies and banks for the development of the company’s Al Taweelah smelter in Abu Dhabi.

    EGA’s said its financing has been reduced by over $1 billion in the last two years and now consists of a senior term loan facility of $5.5 billion

  • The contract is for the Shamal Development marine works.

    The Shamal Development is part of the Khalifa Port located in Taweelah in Abu Dhabi

    It was built on a reclaimed artificial island reaching 4.5 km offshore

  • As the startup ecosystem takes off in the MENA region, TRENDS helps experts deliver valuable advice for entrepreneurs.

    International investors are flocking to Saudi enterprises, and the value of investments is likely to increase in 2022

    Startups in the UAE, Jordan, and Egypt attracted the most venture-capital funding, accounting for 73 percent of total deal value in November 2021

  • Biogen is known for its Alzheimer’s drug Aduhelm.

    Biogen is known for medicines to treat multiple sclerosis in addition to Aduhelm

    It was founded in 1978 by a team that included Nobel Prize winners Walter Gilbert and Phillip Sharp

  • Dana Gas has received a payment of $39 million (AED143 million) from the Egyptian Government in December, the company announced...

    The payment reduced its receivables in Egypt below $30 million to its lowest levels since commencing operations there in 2007.

    Dana Gas has invested over $2 billion since first entering Egypt in 2007 and is currently the fifth-largest gas producer in the country.

  • The Saudi Authority for Intellectual Property (SAIP) has designated the National Intellectual Property Administration of China (CNIPA) as International Searching...

    The move allows international patent applicants in the kingdom to select CNIPA to issue international search reports for their applications.

    Saudi authorities see the development as an enhancement of cooperation between the two sides in the field of intellectual property.

  • The Turkish book industry pinpoints one of the flaws in the economic experiment Erdogan has unleashed on his nation of...

    The Turkish book industry pinpoints one of the flaws in the economic experiment Erdogan has unleashed on his nation of 84 million people in the past few months

    Turkish Publishers Association president Kenan Kocaturk said the coronavirus pandemic has contributed to book industry's problems by raising the price of unbleached pulp

  • Payment landscape in Gulf countries is headed for a significant change, Ralf Wintergerst, Group CEO of G+D tells the TRENDS....

    Payment landscape in Gulf countries is headed for significant change as it’s among the fastest-growing e-commerce markets, Ralf Wintergerst tells the TRENDS

    Many central banks in the GCC region are already testing in sandbox environments to simulate a digital currency under real-world conditions, Wintergerst added

  • The "robot chef", which is the size of a large oven, can make three different steaks simultaneously -- though a...

    It mixes ingredients including beans, potatoes and chickpeas to create a texture that resembles that of real meat, says CEO of an Israeli startup.

    Around five percent of Israelis say they are vegan and the market for meat alternatives is on the rise.