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 summit agreement set out a "solid roadmap to keep on working on the topic of energy prices", European Commission chief...

    The accord came after 11 hours of wrangling over broad proposals to lower energy bills as gas prices pushed skywards by the war in Ukraine

    The bloc's 27 member states have been squabbling for months over which joint initiatives to adopt, riven by the fact that energy mixes in the countries vary greatly

  • The Finnish company reports net sales of $6billion.

    Finn company Nokia reported a 22-percent rise in profit to $419 million

    Nokia CEO Pekka Lundmark said the quarter demonstrated that he was delivering on the ambition to accelerate growth.

  • Firm is making 'pricing adjustments' as inflation soars.

    Ericsson's shares closed down 15 percent on the Stockholm stock exchange.

    The lower profits were partly due to Ericsson's $6.2 billion acquisition of US cloud communications company Vonage.

  • The United Arab Emirates is set to host three healthcare events next week in Dubai where over 4,000 healthcare professionals...

    Over 4,000 healthcare professionals and participants are expected to attend.

    Around 140 expert speakers will deliver 110 scientific sessions and over 40 participating countries will also be present.

  • The decision comes right after President Recep Tayyip Erdogan said the central bank would keep cutting rates every month for...

    The Turkish central bank said it was cutting its one-week repo rate to 10.5 percent from 12 percent

    President Erdogan wants interest rates to lower down to single digits by the end of the year

  • Riyadh, Saudi Arabia--Aramco said on Thursday it has launched Taleed program to accelerate the growth of Small and Medium Enterprises...

    Aramco said the program targets sustainable SME growth across multiple sectors through a portfolio of 20 initiatives.

    It also aims to deliver funding and financial solutions to existing and new businesses through five funds, with a combined capital exceeding $800 million.

  • American Airlines third quarter revenues rose to $13.5 billion.

    American scored a 13 percent jump in revenues compared with the 2019 period on high ticket prices.

    US carriers have begun to prosper in 2022 as more governments pare back restrictions.

  • Dubai Electricity and Water Authority (DEWA) recorded substantial growth of 22 percent in investments allocated to transmission substations during the...

    From January this year to June 2022, DEWA commissioned a new 400 kV transmission substations.

    Now the total number of 400 kV transmission substations in Dubai has risen to 26.

  • According to ship tracking data from Refinitiv, about 289,000 tonnes of gasoil will be loaded from South Korea and China...

    According to ship tracking data from Refinitiv, about 289,000 tonnes of gasoil will be loaded from South Korea and China to northwest Europe in October

    This month has seen a flurry of spot tenders from South Korea and Taiwan, two of Asia's largest fuel exporters

  • US federal agencies have often concentrated on headline-grabbing suspects like Heather Morgan, an amateur rapper nicknamed "Razzlekhan" who was charged...

    With Washington and Brussels focused on high-value targets, victims of low-level fraud are often left high and dry

    If decentralized crypto networks revolutionize finance, US politicians would no longer be able to project power in the way they do now with dollar