INSEAD Day 4 - 728x90

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.

flynas to set up new hub

Five destinations in first phase of operations.

AD Ports Group acquires CLI

CLI is Brazilian agri-bulk terminal operator.
  • The GCC countries are committed to enhancing the status and competence of women, and providing support to ensure their active...

    Women in GCC countries have surpassed men in the education index, with the female-to-male ratio in university education reaching approximately 59%

    The number of female graduates in the GCC is double that of men, highlighting the region's commitment to enhance the status and competence of women

  • The GCC is the third largest source of foreign investment in Turkey, with 1,973 Gulf companies currently operating in the...

    The GCC is the third largest source of foreign investment in Turkey, with 1,973 Gulf companies currently operating in the country

    Qatar has emerged as a significant investor in Turkey, with foreign direct investments reaching approximately $10.3bn by 2021 end

  • DUBAI, UAE -  UAE Ministry of Climate Change and the Environment (MOCCAE) on Tuesday organized the second National Dialogue for...

    The National Dialogue for Food Security, organized by MOCCAE, aims to discuss topics that contribute to enhance food security for UAE.

    The dialogue was also attended by poultry industry experts and representatives of various federal and local government entities.

  • ABU DHABI, UAE -  The Central Bank of the UAE (CBUAE) imposed administrative sanctions on eight banks operating in the...

    The administrative sanctions take into account the banks' failures to comply with the CBUAE's instructions

    CBUAE works to ensure that all licensed financial institutions abide by the UAE laws, regulations and standards.

  • Retail sales in the United States returned to growth in April fueled by a rebound in motor vehicle sales, data...

    Retail sales rose by 0.4 percent in April from a month earlier to $686.1 billion, the US Commerce Department said in a statement.

    A separate report released by the Federal Reserve showed that industrial production rose 0.5 percent month-on-month.

  • PARIS, FRANCE -  Russia's oil exports rose in April to the highest level since its invasion of Ukraine, boosting revenues by...

    The Paris-based organization said Russian exports increased by 50,000 barrels per day to 8.3 million bpd in April.

    Russia's tax receipts from its oil and gas sector were down by 64 percent year-on-year, the agency added.

  • Regulators worldwide are increasingly worried about the lack of oversight of the digital currency sector but the European Union has...

    During a meeting of EU economy and finance ministers on Tuesday, they agreed on rules to go after individuals who stash their cash where tax authorities have no oversight.

    The rules will close loopholes that allow people to avoid taxation on their income using crypto assets, Swedish Finance Minister Elisabeth Svantesson said.

  • On Monday, the European Commission boosted its 2023 economic growth outlook for the 20-country euro area by 0.2 points to...

    The European Union of 27 members registered a growth of 0.2% in Q1, in comparison to the first quarter of 2022, where it grew at 0.3%.

    The European Commission has forecast a rate of 5.8% for inflation in the current year, slightly above its prediction of 5.6% previously.

  • Beijing, China - China has set a growth target of approximately 5 percent for the Gross Domestic Product (GDP) as...

    Government Work Report also sets an ambitious goal of generating 12 million urban jobs this year, surpassing the previous year's benchmark of at least 11 million

    The country's GDP experienced a growth rate of 4.5% in the first quarter of 2023 marking the highest growth since the first quarter, according to National Bureau of Statistics.

  • The majority of per capita insurance spending (60%) went towards health insurance, followed by general insurance (37%) and protection and...

    Health insurance accounted for 60 percent of total per capita spending on insurance, followed by general insurance (37%) and protection and savings (3%).

    The health insurance’s gross written premiums stood at $8.59 billion in 2022, up 27 percent from $6.78 billion in 2021