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.
  • Young women in the MENA region are more likely to be in the workforce, while the GCC countries have seen...

    Young women in the MENA region are more likely to be in the workforce, while the GCC countries have seen advances in labor force participation, says the latest PwC report

    The TOP CEO Conference held in Dubai in May 2022 had suggested that women in the MENA region have made significant gains and have become a vital part of the region’s workforce

  • Mumbai, India—India's central bank on Wednesday raised its main interest rate for the fifth time this year, but by a smaller...

    Reserve Bank of India's move comes after US Federal Reserve chairman Jerome Powell signalled last week that officials would begin to take their foot off the pedal

    The Indian central bank retained its inflation forecast of 6.7 percent for the fiscal year to March but trimmed its economic growth projection to 6.8 percent from 7.0 percent

  • Economists expect Germany and another major eurozone economy, Italy, to fall into recession. Britain's economy is already shrinking. Rating agency...

    IMF still expects the world economy to expand in 2023, with growth of 2.7 percent but the OECD is forecasting 2.2-percent growth

    Natural and man-made catastrophes have caused $268 billion in economic losses so far in 2022, according to reinsurance giant Swiss Re

  • The report highlights rising debt-related risks for all developing economies - low as well as middle-income economies.

    The report highlights rising debt-related risks for all developing economies - low as well as middle-income economies

    Rising interest rates and slowing global growth risk is tipping a large number of countries into debt crises

  • Cairo, Egypt—Egypt’s non-oil businesses have shown a contraction in November, resulting in output falling at the sharpest rate since the...

    Egypt’s Purchasing Managers’ Index fell from 47.7 in October to 45.4 in November — the second lowest since June 2020.

    According to S&P Global, Egypt’s purchase price inflation hit a 52-month high, leading 42 percent of surveyed firms to report a rise in total input costs over the month

  • Delegates from across the world gathered for the December 7-19 meeting to try to hammer out a new deal for...

    Some countries want to set up a separate funding mechanism for biodiversity, which wealthy nations have largely resisted

    NGOs say the lack of world leaders at COP15 risks dampening momentum at the talks and could scupper an ambitious settlement

  • The project is part of the state's economic vision and aims to accommodate the population increases in Amman and Zarqa.

    The project is part of the state's economic vision and aims to accommodate the population increases in Amman and Zarqa

    The goverment hopes to start implementing the project in 2025, ending the first phase in 2033

  • Reiterating Dubai's resolve to work in collaboration with its global partners, Ruler of Dubai Sheikh Mohammed bin Rashid Al Maktoum...

    He spoke while touring the 43rd edition of the Big 5, the largest and most influential construction event in the Middle East, Africa and South Asia, at the Dubai World Trade Centre

    More than 2,000 participants from 60 countries are participating in the event, which includes 20 national pavilions

  • ADF is the concessional window of the African Development Bank Group, providing grants and soft loans to the continent’s low-income...

    ADF is the concessional window of the African Development Bank Group, providing grants and soft loans to the continent’s low-income countries

    The package includes $8.5 billion in core ADF funding and $429 million for the newly created Climate Action Window

  • The participating Gulf countries highlight labor reforms to ensure protection of workers at the 17th Asia and the Pacific Regional...

    The participating Gulf countries highlight labor reforms to ensure protection of workers at the 17th Asia and the Pacific Regional Meeting of ILO in Singapore.

    The event coincided with the release of an ILO survey, which highlighted that one in five workers experienced workplace harassment globally.