INSEAD Day 4 - 728x90

DEWA posts record H1 profit

Revenue reaches record $4.04 billion.

Tabreed H1 revenue $308m

Blurb: Profit reaches $52 million in H1

ADNOC L&S to expand fleet

It will acquire 11 carriers for $1.3bn.

Empower profit climbs 16%

Dubai district cooling demand lifts earnings

Burjeel profit nearly doubles

Healthcare demand drives stronger earnings.

Palestine exports rose 23% y-o-y in December

The Palestinian Central Bureau of Statistics said exports had increased. Creative Commons
  • Exports to Israel increased in December by 12 percent compared to November
  • Exports to other countries decreased by 19 percent during the same period

Palestinian exports in December 2021 increased by 23 percent compared to the same month the previous year, and reached $158.3 million, according to data from the Palestinian Central Bureau of Statistics (PCBS).

The rise in exports was 7 percent when compared to November of the same year.

Exports to Israel increased in December by 12 percent compared to November and it represented 87 percent of total December exports

Exports to other countries decreased by 19 percent during the same period.

Imports increased in December by 1 percent compared to November.

It also increased by 24 percent compared to December 2020 and reached $638.4 million, said the PCBS.

Imports from Israel decreased by 5 percent in December compared to November.

It represented 51 percent of total imports in December.

Meanwhile, imports from other countries increased by 7 percent in December compared to November.

The trade balance, which represents the difference between exports and imports, showed a decrease in trade deficit by 1 percent in December 2021 compared to November 2021.

It increased by 24 percent compared to December 2020 and reached $480.1 million.