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.

  • US automaker was bolstered by strong vehicle pricing.

    Revenues jumped 56 percent to $41.9 billion, a quarterly record.

    GM Chief Financial Officer Paul Jacobson acknowledged rising worries about the drag from inflation on economic growth.

  • The bank income in Q3 fell by 10 percent to $8.2billion.

    The energy crisis had affected their retail and small business clients in Switzerland.

    The CEO of UBS said clients are concerned about high inflation, elevated energy prices and the war in Ukraine,

  • ALC is one of the largest meat producers in Australia.

    The acquisition was done through Minerva Foods Australia, a joint venture established last year between SALIC and Minerva in Australia.

    ALC operates two processing facilities in Victoria State, with a capacity to process up to 3.78 million heads annually.

  • Saudi Investment Minister was speaking at the Sixth Edition of the Future Investment Initiative, hailed as 'Davos in the Desert',...

    George Osborne, Former First Secretary of State, UK said the US and China need to find a way to work together in order to make the world a better place.

    Some rules and policies that came into existence post WW II are not fair to many Asian and African nations, said Senegal's president Macky Sall.

  • SEOUL, SOUTH KOREA - The sixth round of revived negotiations between the Riyadh-based Gulf Cooperation Council (GCC) and the Republic...

    GCC and South Korea expressed readiness to advance discussions on a free trade agreement after a 13-year suspension.

    The agenda of the sixth round include trade in goods and services, investment, digital trade, and intellectual property rights.

  • The latest WGEO study is part of "our efforts to support the Dubai Clean Energy Strategy 2050 and the Dubai...

    By 2050, hydrogen is estimated to deliver more than $8.7bn annually to the UAE economy and $14.8bn GVA to the UK, says the latest WGEO report

    A UAE-UK collaboration -- involving policy, innovation, trade, and investment - has potential to create over 100,000 new jobs in each country, it adds

  • The economic ties between the UAE and Egypt were strengthened this year by the signing of the Industrial Partnership for...

    The UAE is Egypt’s second leading trade partner in the region while Egypt is the fifth leading trade partner of the UAE in terms of non-oil trade

    The UAE is also the largest international investor in Egypt, with cumulative investments worth over $15 billion

  • The diversification of revenue streams boosted the bank's profitability.

    The bank reported a non-interest income of US$259 million (AED 952 million).

    ADCB said its operating income surged by 21 percent to reach US$955 million (AED 3.510 billion).

  • The 2022 Mercer CFA Institute Global Pension Index compares 44 retirement income systems against more than 50 indicators and benchmarks.

    The CFA Institute said the index highlights both the considerable diversity and the positive features present in many systems.

    The study also confirms that no pension system is perfect and that every system has shortcomings.

  • BAGHDAD, IRAQ - In drought-hit Iraq, six out of 10 households have had their access to drinking water disrupted and...

    The Norwegian Refugee Council (NRC), an aid group active in the oil-rich but war-scarred country, surveyed 1,341 households in August.

    NRC study found that the crisis has had an immediate impact on access to drinking and irrigation water and on the production of crops.