INSEAD Day 4 - 728x90

Culture & Society

EasyLease H1 profit $12.2m

Revenue rises on stronger operations.

FAB profit edges higher

Income growth supports steady earnings.

UAB H1 profit climbs

Income, lending drive first-half growth

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.

Huge investments help Saudi cinema soft power grow

Saudi largesse for the arts has boomed under the kingdom's Crown Prince Mohammed bin Salman, with billions pouring into previously...
  • Mohammed Al Turki, 36, heads Saudi Arabia's Red Sea Film Foundation, his name splashed all over posters and movie credits at Cannes Film Festival last week
  • The foundation, formed two years ago, holds its own annual festival and has already financed 168 movies, including eight in the official selection at Cannes this year

Saudi population expands one third in last 13 years

"The 2022 Saudi census marks the "most comprehensive and precise population survey conducted in the Kingdom's history," the General Authority...
  • The total resident population is up 34.2 per cent since 2010 -- an increase of 8.2 million people, of whom 4.8 million are Saudi nationals.
  • Non-Saudi nationals account for 13.4 million, the majority of whom are Bangladeshis, followed by Indians, Pakistanis, Yemenis and Egyptians.

UAE Gen Z prioritizes hybrid work and career progression: study

Dubai, UAE - The Gen Z in the UAE has a strong inclination towards hybrid work arrangements, where they can...
  • A significant portion of Gen Z respondents in the UAE (42%) are engaged in formal or informal side jobs, surpassing the rate of non-Gen Z respondents (27%)
  • The majority of Gen Z in the UAE (70 percent) express a preference for hybrid work environments, allowing them to have the flexibility of working both in the office and remotely

Sharjah witnesses 22% population growth to 1.8mn, reveals census

Sharjah, UAE-- The emirate of Sharjah has seen a 22 percent growth in population to 1.8 million inhabitants, as against...
  • The census revealed that the emirate's working population has shot up to 1.1 million from 856,000, a growth of 22 percent
  • Out of the total population of 1.8 million, the number of expatriates living in the emirate is 1.6 million, and the rest are the local citizens

Upcoming Jewels of Emirates Show set to be largest in its history

Sharjah, UAE - The upcoming fourth edition of the Jewels of Emirates Show, the UAE’s first of its kind showcasing...
  • The expansive show space will host hundreds of distinguished brands, offering a broad display of the latest fashion lines.
  • More than just a showcase for luxury items, the show will provide a platform for cultural exchange, highlighting the Emirati heritage.

Sharjah event discusses anti-money laundering practices

SHARJAH, UAE - Sharjah Economic Development Department (SEDD) organized multiple workshops for legal purposes and a number of investors and...
  • In the workshops , the legislative frameworks for real beneficiary and combating money laundering were reviewed.
  • The purpose of the event is to form an ideal investment climate which supports business continuity, said an official.

Dubai Police ink deal with UAE Hockey Federation

DUBAI, UAE - The Athletes Council at Dubai Police and the UAE Hockey Federation signed an agreement (MoU) to enhance...
  • The MoU demonstrates the mutual keenness of Dubai Police and the UAE Hockey Federation to strengthen cooperation in sports.
  • The Athletes Council of Dubai Police will collaborate with the UAE Hockey Federation to share ideas and initiatives.

9000-year-old stone structures used as animal traps unearthed in Saudi

Riyadh, Saudi Arabia -- A team of Saudi and international archeologists has discovered ancient hand-made stone structures at Al-Dhulayat Mountain...
  • The discovery was part of an archeological survey conducted by the Heritage Commission in cooperation with the International Scientific Center.
  • Plus One Magazine on Wednesday published a scientific paper indicating that these stone structures were used as huge stone traps for animals that date back to the prehistoric era.

World’s oldest near-complete Hebrew Bible sells for $38m

The manuscript was auctioned for the first time in more than 30 years and had a pre-sale estimate of between...
  • The Codex Sassoon was bought by former US diplomat Alfred Moses on behalf of an American nonprofit that will gift it to the ANU Museum of the Jewish People, Sotheby's said
  • The sale surpassed the $30.8 million that Bill Gates paid for Leonardo da Vinci's Codex Leicester manuscript in 1994 as the most expensive handwritten document ever sold at auction

Sheikh Khalifa: A legacy of progress and empowerment

He continued his predecessor's remarkable legacy until his own passing on May 13, 2022. Under his leadership, the UAE flourished,...
  • Under Sheikh Khalifa's leadership, the UAE fortified its prominent stature and assumed a leading regional and global role by fostering deep-rooted relations with numerous countries
  • To secure prosperous future, Sheikh Khalifa initiated an era of empowerment by implementing long-term national strategies, initiatives, and plans including the Principles of the 50

Morocco set for sheepless Eid as drought persists

As the Islamic festival of Eid al-Adha approaches, Fatima Kharraz can't seem to find the usual sense of celebration after...

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Oil spills disrupt farming activities in drought-hit Iraq

Oil spills in Iraq -- a country ravaged by decades of conflict, corruption and decaying infrastructure -- have contaminated farmland...

Museum in West Bank displays Gaza’s ‘artistic demonstration’ against war

BIRZEIT, PALESTINIAN TERRITORIES – At a museum in the Israeli-occupied West Bank, Gazan works on display are proclaimed to be an...

British lawmaker suspended over ‘Islamophobic’ comments

London, UK - Britain's ruling Conservatives on Saturday suspended their former deputy chairman from the parliamentary party, after he refused to...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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Domestic Haj pilgrims in Saudi Arabia guaranteed compensation for lodging issues

Riyadh, Saudi Arabia - Saudi Arabia has announced that domestic pilgrims will be eligible for compensation in the event of...
  • According to the Ministry of Hajj and Umrah, pilgrims will receive a 10 percent refund of their package value if there is a delay of more than two hours in obtaining accommodation
  • In cases where the service provider fails to deliver the promised accommodation, the ministry will oversee housing arrangements, and the associated costs

UAE residents plead for lifestyle changes to save planet

Dubai, UAE-- As many as 81% of people in the UAE say that they owe it to future generations to...
  • Nearly 80% of the respondents in the survey agreed that the time has come to transition from “preventing further damage” to “reversing damage already done”
  • As many as 88% believe brands must take responsibility for helping to safeguard the future of the people and planet as they can’t make the world a better place on their own

US teens make efforts for Jewish-Muslim dialogue in New Jersey suburb

TEANECK, US - They are only teenagers, but a pair of New Jersey high school students -- one Jewish and one...
  • The unexpected success of that first meeting led to a second, larger one, and the girls since have enjoyed support.
  • Despite the strong turnout, the girls were not overly optimistic about the outcome of the meeting.