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.

  • Jeremy Hunt was put in place on Friday after Prime Minister Liz Truss sacked Kwasi Kwarteng as she battles to...

    The pound held above $1.12, having sunk Friday owing to the uncertainty in Westminster, while a news conference by Truss did very little to reassure nervous investors

    Bonds also rallied on the first day without the Bank of England support put in place in response to turmoil caused by Kwarteng's mini-budget

  • It has agreed to pay $495 million as part of a deal reached with US prosecutors in a long-running dispute...

    In the claim filed in 2013, Credit Suisse was criticized for not having provided sufficient information on the risks relating to $10 billion of mortgage-backed securities

    Last year, Credit Suisse paid $600 million to financial guarantee insurer MIBA to settle other long-running litigation connected to the US subprime mortgage crisis

  • US National Security Advisor Jake Sullivan told CNN on Sunday that Biden would "act methodically, strategically" in re-evaluating US-Saudi relations,...

    Saudi Arabia has insisted the OPEC+ decision was purely economic and said US weapons sales serve both countries' interests

    The Biden administration has voiced openness to retaliatory measures in Congress by enraged fellow Democrats

  • With the World Cup a few weeks away, and a million fans expected to descend on Doha, Qatari landlords are...

    FIFA recently released thousands of hotel rooms it had reserved, which experts have said could push prices of hotel rooms down in the coming weeks

    Some Doha residents are putting their flats and houses up for rent and fleeing Qatar for the month

  • Paris, France— Russia's invasion of Ukraine and the resulting economic fallout have thrown four million children into poverty across eastern Europe...

    UNICEF said that children were bearing the heaviest burden of the economic crisis caused by the war in Ukraine

    UNICEF drew its conclusions from a study of data from 22 countries

  • The Sharjah Chamber of Commerce and Industry participated in the international conference to mark the 100th anniversary of the Egyptian...

    The Chairman of Sharjah Chambers Chairman met a number of officials from various Chambers of Commerce and Industry.

    He also met with representatives of ministries and bodies concerned with economic affairs, unions, and economic organizations from different countries.

  • It was named as the Largest Single-Site Water Desalination Facility in the World by the Guinness World Records.

    The plant has the production capacity of 490 million Imperial Gallons of water per Day, which is equivalent to 2,227,587 Cubic Metres per Day.

    DEWA aims to increase its SWRO production capacity to 303 MIGD by 2030, reaching 42 percent instead of its current share of 13 percent.

  • The anti-corruption commission announced Sunday it has launched an investigation and said in a statement that it will provide the...

    The finance ministry's probe uncovered a theft of 3.7 trillion Iraqi dinars (about $2.5 billion) from the account of general commission for taxes at Rafidain Bank

    Iraq ranks 157 out of 180 countries in Transparency International's corruption perceptions index and criminal charges are rare in the country

  • The agreement in principle, reached between IMF staff and Tunisian authorities meeting this week in Washington, still requires the approval...

    Under a four-year accord, Tunisia has committed to undertake a "comprehensive economic reform program" as the country gets access to the money.

    On Saturday, thousands of people took to the streets of Tunis and protested against the policies of President Kais Saied who seized power last year.

  • UAE Minister of State for Financial Affairs Mohamed bin Hadi Al Hussaini met with India's Minister of Finance Nirmala Sitharaman...

    The meeting sought to discuss means of boosting mutual cooperation between UAE and India in areas of common interest.

    The meeting deliberated the priorities set by India in its upcoming G20 presidency and the ways the UAE can support them.