INSEAD Day 4 - 728x90

Bank of Sharjah profit up 39%

Bank's total assets grow 10% to $14.4 billion.

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.
  • The MoU will enable SMEs access to financing options.

    The scheme is in line with EDB’s mandate to provide AED 30 billion towards the development of the UAE economy in five strategic sectors.

    The Memorandum of Understanding (MoU) will enable SMEs in the UAE to have improved access to strategic financing options.

  • The US biopharma firm will pay US$28 billion for the deal.

    This is the biggest acquisition of the year in the health sector.

    The deal is subject to approval by US regulators and if all goes well it should be concluded in the first half of 2023, Amgen said.

  • The milestone was achieved in a year which has seen Hub71 onboard 53 high growth technology companies.

    The milestone was achieved in a year which has seen Hub71 onboard 53 high growth technology companies

    Hub71 has built a diverse capital ecosystem of active investment partners ranging from Mubadala Investment Company to over 30 VC firms to family offices

  • Gross domestic product fell 0.6 percent in September after businesses closed for the royal funeral, and Britain's economy shrank by...

    Britain's finance minister Jeremy Hunt said in a statement that despite the figures showing growth, "there is a tough road ahead"

    The Bank of England has predicted the UK economy would contract in the final quarter of 2022, meaning the economy was in a recession

  • As part of its monetary policy tightening, the ECB will on Thursday outline the next steps in its efforts to...

    Following two consecutive interest rate hikes of 75 basis points, markets are on tenterhooks to see whether the ECB will keep up the aggressive pace or downshift to 50 basis points

    This week's meeting of the ECB's 25-member governing council in Frankfurt will be the final one of 2022, a year that will be remembered for unprecedented consumer price shocks

  • The decision has been taken to support local production while the government continues to embrace open trade policy.

    The decision has been taken to support local production while the government continues to embrace open trade policy

    The desert country is working on vertical farming under a joint venture between Emirates Flight Catering and US-based Crop One

  • Dubai, UAE— Dubai Customs and a delegation from South Korea have discussed ways to further develop mutual trade cooperation. Dubai...

    Dubai Customs shared their experience in developing smart customs services and digital systems with the delegation

    The Korean delegation learned about the Post Clearance Audit System, which targets risky clearance transactions and enhances transparency in trade

  • Responding to a story published on one of the satellite channels, the bank explained the amount of the total loans...

    Responding to a story published on one of the satellite channels, the bank explained the amount of the total loans in the bank is inaccurate

    The bank stressed there are no loans for fictitious projects, saying the report in the media which doesn't identify its sources directly affects it

  • More than two years after it was launched, China will retire "Communications Itinerary Card", which tracks people who have been...

    It comes just days after China announced an end to large-scale lockdowns, mandatory quarantine in central facilities, and a broad relaxation of testing measures

    The app is only one of a panoply of tracking apps that have governed everyday life in China throughout the pandemic

  • Hundreds of thousands have died since, either as a result of fighting or indirectly through unsafe drinking water, disease outbreaks,...

    About 2.2 million Yemeni children are acutely malnourished, one quarter of them aged under five, and most are at extreme risk from cholera, measles and other diseases

    Yemen's war broke out in 2014 and quickly saw Iran-backed Houthi rebels seize the capital Sanaa, prompting Saudi-led forces to intervene to prop up the government