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 bank's revenues declined 12 percent to $12 billion.

    Profits were $3.0 billion, down 44 percent from the 2021 period, while revenues declined 12 percent to $12.0 billion.

    The bank's chief executive, David Solomon, said that businesses should be "cautious" in light of increased volatility.

  • Major global equities rose, with sentiment soothed after upbeat US earnings and Britain shredded its controversial budget. Analysts pointed to...

    US industrial production also picked up more than anticipated in September, according to official data.

    On Wall Street, the Dow Jones jumped two percent at the open after a day of strong trading in Asia and Europe, before paring back gains later in the morning.

  • The Abu Dhabi Department of Economic Development (ADDED), and Bangladesh Embassy in Abu Dhabi, have organized the Economic Cooperation Forum...

    Abu Dhabi and Bangladesh bilateral trade and mutual investments are on the rise.

    The Emirate and Bangladesh have organized the Economic Cooperation Forum to enhance mutual investment opportunities.

  • Abu Dhabi, UAE-- The Abu Dhabi Residents Office, part of Abu Dhabi Department of Economic Development (ADDED), has signed a...

    They are working on developing a joint strategy to promote Abu Dhabi and its real estate projects besides identifying opportunities to support investors and talent.

    The Office will support clients of Aldar when applying for a Golden Visa upon purchasing a property valued at more than AED 2 million ($544, 506) from Aldar’s projects.

  • The Kremlin said that the investigation into the explosions that tore through the Nord Stream gas pipelines was being 'tailored'...

    Russia has accused Western countries of being behind the explosions of the pipelines.

    Russia had earlier expressed bewilderment over its exclusion from an investigation into the incident.

  • The Central Bank of the UAE (CBUAE) in collaboration with the Tawazun Economic Council (Tawazun), has issued 1,000 silver commemorative...

    Tawazun was established in 1992 to create, build and manage industrial relationships.

    The issuance of the commemorative coins aims to highlight the vital role of Tawazun.

  • The Taiwanese tech giant Foxconn has moved to diversify beyond electronics assembly and embraced the competitive but rapidly expanding EV...

    The world's largest contract electronics maker, Foxconn already plays a lynchpin role in assembling gadgets for a host of top international brands including Apple's iPhones

    Foxconn has also started building electric vehicles for Lordstown Motors after completing its purchase of a former General Motors plant in Lordstown, Ohio in May

  • The announcement comes after the IMF affirmed that the Kingdom's economic prospects are positive in the short and medium term.

    The announcement comes after the IMF affirmed that the Kingdom's economic prospects are positive in the short and medium term

    The estimates of the OECD report for the Kingdom contradict the bleak and ambiguous outlook that stems from the Russian-Ukrainian crisis

  • The Gulf countries rely heavily on assistance from Asia, particularly China, to modernise their economies and diversify away from oil.

    The Gulf countries rely heavily on assistance from Asia, particularly China, to modernise their economies and diversify away from oil

    GCC's position in supporting Russia in its conflict with Ukraine, Europe, and the US, have raised many problems, but nowhere more so than in Asia

  • State Department spokesman Vedant Patel told reporters that Russia deepening an alliance with Iran is something the whole world, especially...

    Secretary of State Antony Blinken said the drone strikes showed the need to provide "everything possible" to Ukraine as its forces gain ground against Russian invaders

    US officials have previously said that Russia, historically a major arms exporter, is also turning to North Korea while China has rebuffed calls for assistance