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Eni profit falls due to dip in oil prices

Q2 net profit fell by 18% to $637 million.

Emirates NBD H1 profit $3.40bn

Total income rose by 12 percent in the same period.

ADIB H1 pre-tax profit $1.08bn

Q2 pre-tax net profit increases by 14 percent.

AstraZeneca to invest $50bn in US

Bulk of funds to go into a Virginia manufacturing center.

UAB net profit up by 50% for H1

Total assets increase by 11 percent.

Sharjah Economic Development Department processes 14,210 licenses during Q3

Sharjah Economic Development Department has processed more than 14,000 licenses in Q3.
  • The majority of the licenses processed belonged to the commercial sector, followed by professional.
  • The growth of business licenses confirms the strength of the local economy, Sultan Abdullah bin Hadda Al Suwaidi.

Sharjah Economic Development Department (SEDD) has processed 14,210 licenses submitted through its smart applications on its website as well as service centers during the third quarter of 2021.
Of the 14,210 licenses, 1,473 were issued licenses and the 12,737 renewed ones.
SEDD data said commercial licenses took the lead with 868 licenses, followed by professional (432), industrial (69) and e-commerce licenses (43).
A total of 7,795 commercial licenses were renewed in Q3, followed by professional (4,286) and industrial (504).
In addition, the number of renewed licenses for “Eitimad” domestic licenses reached 126, while the number of renewed e-commerce licenses was 25.
Sultan Abdullah bin Hadda Al Suwaidi, SEDD Chairman, said the continued growth of business licenses confirms the strength of the local economy and the attractiveness of the investment environment.