INSEAD Day 4 - 728x90

DIB H1 net profit $1bn

Gross revenue increased 10% year on year

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.
  • RAS AL KHAIMAH, UAE - Ras Al Khaimah Economic Zone (RAKEZ) received the 'Best RPA Excellence Award' during the Future...

    RAKEZ has embarked on its automation journey by utilizing virtual bots to handle visa-related services.

    These virtual bots have successfully reduced the time needed for some of the processes by 1.5 days, completing them within 12 hours.

  • DUBAI, UAEI--Dubai saw remarkable growth in medical tourism in 2022 with 674,000 medical tourists spending $270 million in the year....

    Some 39 percent patients came from Asian countries, 22 percent from Europe and the Commonwealth of Independent States, and 21 percent from Arab and the GCC

    The head of Dubai Health Authority attributed the arrival of medical tourists to the city's ability to provide quality acre, making it the top healthcare destination

  • The proposed rules set aggressively low standards for emissions of greenhouse gases and criteria pollutants, which is expected to lead...

    The proposal -- which will next be open to a public comment period -- is the latest in a series of steps under Biden, a Democrat, to help put EVs on track for mass adoption.

    Electric vehicles accounted for 5.8 percent of the US market for new vehicles in 2022, up from 3.2 percent in 2021, according to Cox Automotive.

  • Washington, United States--The underlying drivers of historically-high global inflation could persist until 2025, the International Monetary Fund's chief economist told AFP...

    Following the fast reopening of the global economy after the Covid pandemic, prices around the world have risen exponentially

    Inflation in many countries in the world has remained well above the two percent target, despite central banks raising interest rates

  • It edged out its rival Airbus by just three aircraft.

    In order to reach its target of 720 units for the year, Airbus needs to picke up the pace in order to go past the 661 number in 2022

    In mid-March Boeing restarted deliveries of its long-haul 787, which were temporarily halted at the end of February by the Federal Aviation Administration

  • In the wake of the fall of Silicon Valley Bank, the US Federal Reserve should be cautious in setting interest-rate...

    Since March last year, the Fed has raised interest rates by almost five percentage points, tightening monetary policy in a bid to dampen demand and slow price increases

    The Fed continued with another 25 basis-point hike last month despite the turbulence in the financial markets caused by the rapid collapse of SVB

  • The IMF predicted the global economy will grow by 2.8 percent this year and three percent in 2024, a decline...

    The IMF expects global inflation to slow to seven percent this year, down from 8.7 percent last year, according to the WEO forecasts.

    Close to 90 percent of advanced economies will experience slowing growth this year, while Asia's emerging markets are expected to see a substantial rise in economic output.

  • Abu Dhabi, UAE-- The UAE and Malta have signed three memoranda of understanding in areas of maritime affairs, youth, and...

    The two ministers discussed ways of deepening cooperation and partnership between the two countries

    The foreign minister of Malta expressed hope to build bilateral relations with the UAE in various field while applauding the UAE's achievements

  • Struggling to recover from its pandemic-driven slump, China, the world's second largest economy, has reported that its consumer price inflation...

    According to National Bureau of Statistics, the CPI came in at 0.7 percent, down from the one percent seen a month earlier

    Although commodity and food prices have been rising all over the world, China has not been hit by increases linked to the Ukraine war

  • During this week's session, lawmakers will have to endorse the guarantees, but the vote is only symbolic, said Samuel Bendahan,...

    The parliamentary session opens at 11:15 am Tuesday with a statement from the government to 46-member Council of States upper house

    Centre-right party The Centre thinks the takeover was the least worst option, but it wants clarity on the risks involved in creating a superbank