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.
  • Global monthly wages fell in real terms to -0.9 per cent in the first half of the year, the study...

    Global monthly wages fell in real terms to -0.9 per cent in the first half of the year, the study found

    The purchasing power of middle-class families has been reduced, while low-income households have been hit particularly hard

  • The reading -- the lowest since Eurostat started compiling jobless figures in April 1998 -- was an indicator that the...

    Eurostat estimated that, for the entire 27-nation European Union, 12.95 million adults were unemployed in October

    Younger people had the highest unemployment rate in the EU and its eurozone, at 15.1 percent and 15.0 percent respectively

  • Lawmakers in crisis-hit Lebanon failed to elect a new president for an eighth time, despite the deepening impact of the...

    Parliament is split between supporters of the powerful Iran-backed Hezbollah movement and its opponents, neither of whom have a clear majority.

    Lawmaker Michel Moawad, who is seen as close to the United States, won the support of 37 lawmakers.

  • French President Emmanuel Macron repeated his frustration with US subsidies, saying they were hurting European companies by providing an unfair...

    Macron said that US industrial subsidies, which are part of Biden's huge green energy initiatives, are "super aggressive" towards European business.

    While Washington and Paris were "working closely together" on geopolitics and opposing Russia in its invasion of Ukraine, trade tensions remained, Macron said.

  • Global stocks rose as Federal Reserve boss Jerome Powell flagged a moderation in interest rate hikes, while China signaled a...

    Equities were also helped by signs that China is edging towards a more pragmatic approach to fighting the coronavirus.

    The dollar sank, having soared across the board this year as Fed monetary policy diverged more and more from other central banks.

  • RIYADH, SAUDI ARABIA - Carbon credits could make a significant contribution to achieving net zero by 2050, but only if...

    Trade in voluntary carbon credits could grow 100-fold by 2050 if teething problems are addressed.

    A carbon credit allows a country or organization to produce a certain amount of carbon emissions and it can be traded if the full allowance is not used.

  • GENEVA, SWITZERLAND - Natural catastrophes have caused an estimated US$115 billion of insured losses in 2022 to date, driven by...

    Swiss Re added that so-called secondary natural disasters such as floods and hailstorms caused more than $50 billion of insured losses.

    Total insured losses topping $100 billion for a second consecutive year, said Swiss Re.

  • The world must increase financing for nature-based solutions to meet key climate, biodiversity and land degradation goals, a United Nations...

    The UNEP report said that investments for nature-based solutions must increase to US$384 billion per year by 2025.

    By 2030 finance flows of $484 billion a year will be required for nature-based solutions.

  • Luxembourg has the second highest rate at 55.59 crypto jobs per million people.

    Luxembourg has the second highest rate at 55.59 crypto jobs per million people

    North America offers the best average salary for crypto jobs, amounting to annual earnings of $120,000

  • The World Bank estimates that cash transfers to low income countries eased this year as high prices ate up migrants'...

    The World Bank says while the reopening of economies as the pandemic receded helped with employment, rising costs "adversely affected migrants’ real incomes"

    Rising oil prices and continued demand for migrant workers boosted remittances to Central Asian countries