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.
  • BAGHDAD, IRAQ -  Iraq Prime Minister Muhammad Shia'a Al-Sudani said that the country is continuing regional economic communication. A statement...

    Iraq Prime Minister said that the country is continuing regional economic communication.

    Iraq supports stability and economic growth for itself and other friendly nations

  • Japan's Prime Minister Fumio Kishida said his "heart aches" for Koreans who suffered under colonialism, as Seoul and Tokyo seek...

    Tokyo and Seoul have long been at odds over historic issues linked to Japan's brutal 1910 to 1945 colonial occupation of the Korean peninsula.

    Bilateral ties were torpedoed in 2018, when South Korea's Supreme Court ordered Japanese firms to compensate the wartime victims of forced labor.

  • The aluminium giant's profit fell 68% to US$126.2mn.

    The company's total equity at the end of March 2023 stood at $4.62 billion, a 5 percent drop to $4.84 billion as of December 31, 2022

    Demand for aluminium fell across the Middle East by 6 percent with Bahrain's consumption falling by 9 percent, and UAE's by 6 percent

  • As the economic crisis grinds on, some teachers have quit and many have turned to online classes or teach private...

    A group of teachers and students have been holding independent concerts to highlight their plight and give musicians a chance to support each other and perform

    Some teachers have moved house or "sold their cars" to survive, added Ghanem, herself a conservatory student during Lebanon's 1975-1990 civil war

  • Fanned by strong winds wildfires flared across Alberta in the Canadian province, forcing 25,000 people to flee their homes as...

    Canada in recent past has been affected by extreme weather, the frequency of which has soared owing to global warming

    The declaration of the state of emergency gives the local government more powers to deal with extreme situations and unlock emergency funds

  • Tehran, Iran--Iran has reported a large increase in its purchases of domestically-grown wheat in the months of April and May....

    The country's southwestern province of Khuzestan accounted for 623,000 mt of wheat supply delivered to GTC silos during the months of April and May

    The Islamic Republic purchases a big chunk of wheat from growers in the country under a program that offers them favorable prices and transportation

  • Amman, Jordan-- Seeking to widen its economic and trade ties with Jordan, the Iraqi Business Council (IBC) will organize the...

    The forum will focus on sectors such as energy, mining, construction, IT, real estate development, finance, telecom, and industry

    Both countries seek to promote investment in several fields, establish joint partnerships, and enhance trade and investment exchange

  • AMMAN, JORDAN  -  The Amman Chamber of Commerce (ACC)'s export of goods and commodities to Arab and other countries increased...

    Jordanian exports to Iraq was of US$217 million, to Switzerland at about US$103 million in January- March 2023.

    Jordanian exports to the UAE was about US$59 million, Egypt at US$42 million in January- March 2023.

  • Bern, Switzerland-- Seeking to expand its industrial base, Saudi Arabia is keen to widen cooperation with Switzerland in the industrial...

    They discussed boosting of ties in industry and mining sectors and how they can contribute to diversifying the economic base

    The two countries continue to have strong ties in petrochemicals, construction materials, medicines, consumer products, manufacturing of precious metals, and jewelry

  • The US$218mn capital infusion will foster bank's growth.

    With the infusion, Sharjah Asset Management, the investment arm of the Sharjah government, will be the main beneficiary, raising its stake in the bank to 40% from 17.16%

    The chairman of the bank said total capital of the bank now stands at US$816 million, bolstering its financial position and increasing its ability to pursue new investments