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 Non-performing Debt Relief Fund will settle the money owed by Emiratis to 17 banks and institutions.

    The Non-performing Debt Relief Fund will settle the money owed by Emiratis to 17 banks and institutions

    Al Suwaidi said that the waiver falls within the UAE leadership’s keenness to ensure a decent life for all UAE nationals

  • More than 400 migrant workers died in labor accidents in Qatar in the build up to the World Cup, according...

    Migrant workers make up more than 2.5 million of Qatar's 2.9 million population

    Qatar has also introduced a minimum wage of 1,000 riyals ($260) and restricted hours in which workers can go out in extreme heat

  • The bloc's exports of halal products equaled US$275 billion, while their imports totaled US$338 billion last year, says the 2022...

    The bloc's exports of halal products equaled US$275 billion, while their imports totaled US$338 billion last year, says the 2022 Annual OIC Halal Economy Report

    While OIC countries remain import reliant for the food, pharmaceuticals and cosmetics sectors, they are net exporters of apparel and footwear products, it adds

  • The EU announced the discovery of a sophisticated US$2.3-billion VAT tax fraud that triggered raids in 14 countries, including France,...

    Prosecutors uncovered a network of "criminal activities" operating in almost all 27 EU member states.

    These activities also operated in Albania, Britain, China, Mauritius, Serbia, Singapore, Switzerland, Turkey, the United Arab Emirates and the United States.

  • BERLIN, GERMANY - Russian missile strikes on energy infrastructure in Ukraine constituted a "war crime", German Justice Minister Marco Buschmann...

    A Russian campaign of missile strikes has severely damaged Ukraine's energy infrastructure.

    The members of the G7 group of industrial democracies had to cooperate to combat war crimes.

  • Bank will use funds for core business, give cash to investors.

    The large sale comes after UK-listed HSBC faced calls from biggest shareholder Ping An Insurance Group to cut costs and shift more resources to Asia.

    The Canadian divestment is expected to be completed in late 2023.

  • Thanks to a strong rebound in domestic activities and higher oil prices, the latest IMF report suggests the GCC economies...

    Thanks to a strong rebound in domestic activities and higher oil prices, the latest IMF report suggests the GCC economies to expand further than previously expected.

    In 2023, the UAE economy will grow 4.2 percent, outpacing Saudi Arabia (3.7 percent), Bahrain (3 percent), Oman (4.1 percent), Kuwait (2.6 percent), and Qatar (2.4 percent)

  • QatarEnergy's partner, US firm ConocoPhillips, will supply the gas from Qatar's North Field East and South projects from 2026 to...

    QatarEnergy's partner, US firm ConocoPhillips, will supply the gas from Qatar's North Field East and South projects from 2026 to the Brunsbuttel LNG terminal

    Negotiations with European countries had previously struggled as Germany and others balked at signing the type of long-term deals made with Asian nations

  • GENEVA, SWITZERLAND - All regions of the world saw water extremes last year - both floods and droughts - and...

    Large areas of the planet recorded drier than normal conditions in 2021, the UN's World Meteorological Organization said.

    Some 3.6 billion people face inadequate access to freshwater at least one month per year.

  • The trading bloc also exported green energy products worth €6.5 billion to countries outside the EU.

    The trading bloc also exported green energy products worth €6.5 billion to countries outside the EU

    The EU imported €11.2 billion worth of solar panels and €3.4 billion worth of liquid biofuels from countries outside the bloc