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.

  • Beijing, China--China's foreign exchange reserves rose to US$3.1277 trillion at the end of December 2022, up 0.33 percent from a...

    The foreign exchange regulator attributed the increase in foreign exchange reserves to the combined impact of currency translation and asset price changes

    Beijing will adopt industry, region and enterprise-specific measures to secure the sound development of key industries and boost coordinated regional development

  • Cairo, Egypt--The Engineering Export Council (EEC) of Egypt has announced that the sector’s exports increased by 10% to $3.32bn from...

    Exports of the electrical and electronic sectors climbed by 2%, while exports of transportation equipment increased by 14%, metal forming saw an impressive gain of 96%

    Egypt’s economy was hit hard after Russia’s invasion of Ukraine last February unsettled global investors and led them to pull billions out of the North African country

  • Reduction in hunger, provision of food security and improved nutrition, and promotion of sustainable agriculture contribute to sustainable development in...

    Reduction in hunger, provision of food security and improved nutrition, and promotion of sustainable agriculture contribute to sustainable development in the region, says an expert

    Thevolume of investment in the food industry in the Kingdom has exceeded SAR 88.191 billion through more than 1183 factories. the country's official data highlights

  • DUBAI,  UAE - A total of 2,173 real estate transactions worth over US$2.72 billion (AED 10 billion) were conducted during...

    A total of 2,173 real estate transactions were conducted during the week ending January 6, 2023.

    A total of 270 plots were sold for US$612 million, 1,903 apartments and villas were sold for US$1.33 billion.

  • The project is underpinned by a central green spine that runs the length of the community, featuring parks, lakes, and...

    The project is underpinned by a central green spine that runs the length of the community, featuring parks, lakes, and biodomes

    Available for buyers of all nationalities, Yas Island will feature condominiums and townhouses located in 10 intimate clusters

  • The company revealed its plan to raise the Emiratisation percentage to 73 percent of the total engineering jobs by the...

    The company revealed its plan to raise the Emiratisation percentage to 73 percent of the total engineering jobs by the end of 2023

    It plans to employ 170 jobseekers from the emirate, including 130 national engineers, and 40 for administrative positions

  • Basra, Iraq--Iraq on Friday welcomed football teams from across the region for the Gulf Cup, ending nearly three decades of...

    The tournament in the southern city of Basra brings together eight teams, with Friday's opening match seeing the host nation take on Oman

    Tournament organizers have undertaken major infrastructure projects to help Iraqis forget their years in the football wilderness

  • While a strong labor market may fuel optimism that the world's biggest economy can stave off a major downturn despite...

    Overall, employers added 223,000 workers, down from the revised 256,000 figure in November, though still higher than analysts expected

    Unemployment has hovered between 3.5 percent and 3.7 percent in recent months, and the latest figure is the lowest since February 2020

  • Seven industries - advanced manufacturing services, retail, banking, energy, healthcare, consumer products, and automotive - are poised to be the...

    Seven industries - advanced manufacturing services, retail, banking, energy, healthcare, consumer products, and automotive - are poised to be the key gainers, says a report

    Banks can influence how companies and consumers act, invest, and address their environmental obligations through their product offerings, highlights the Bain & Company

  • AMMAN, JORDAN -  Jordan's total imports of Iraqi oil between September 2021 to December 2022 amounted to 3.65 million barrels,...

    The Jordanian Minister said that the Kingdom purchases Iraqi crude oil to meet part of its annual oil needs at a rate of 10,000 barrels per day.

    As per the MoU, the Kingdom provides basin tanks for transporting crude oil from the Kirkuk depot in Iraq to the Jordanian oil refinery in Zarqa.