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.

  • Russian oil giant Rosneft has filed a complaint against the German government for taking control of its German-based refineries, a...

    Berlin in September took control of Rosneft's German subsidiaries, which account for about 12 percent of oil refining capacity in the country.

    Germany said the dramatic move last month was necessary to counter "a threat to the security of energy supply", as relations with Russia deteriorate.

  • GlobalConnect is a fiber-based data center services provider.

    Headquartered in Stockholm, Sweden, GlobalConnect is a fiber-based data communication and data centre services provider.

    The company was created in 2019 through the combination of four independent fiber platforms in Denmark, Norway and Sweden.

  • The Environment Agency - Abu Dhabi (EAD) organized two training workshops on the Green Industries environmental labeling program.

    The Green Industries program aims to recognize industrial facilities that adopt green processes and operations.

    The workshops, held digitally, were attended by over 135 industrial facilities from various sectors in Abu Dhabi.

  • Close to 200 years after the business hub of New York City was named as downtown, the word has entered...

    Saudi Crown Prince Mohammed bin Salman announced the establishment of Saudi Downtown Company

    The Downtown Jeddah project will cover 5 million square meters and house more than 58 thousand people, likely to be completed in 2029

  • Defunct cell phones are just the tip of the 44.48-million-ton iceberg of global electronic waste generated annually that isn't recycled.

    Despite containing valuable gold, copper, silver, palladium and other recyclable components, these devices will be dumped or incinerated, causing environmental harm.

    Studies show 46 percent of the 8,775 households surveyed considered potential future use as the main reason for hoarding small electrical and electronic equipment.

  • JV will help in strengthening VW's presence in China.

    Volkswagen's software arm Cariad will hold a 60 percent stake in the new company, with the deal set to close in the first half of 2023.

    As part of its transition to electric vehicles, Volkswagen has long been investing in China.

  • The firm approved a $1 billion share buyback after Q2 result.

    Tech companies have benefited from higher digital services demand since the pandemic,.

    Infosys also reported a marginally lower employee attrition rate - a key metric for IT companies - compared to the previous quarter.

  • Firm owns Uniqlo, Comptoir des Cotonniers clothing brands.

    Following years of aggressive global expansion, Fast Retailing is one of the world's biggest clothing retailers.

    As well as Uniqlo, it owns the clothing brands Theory, Comptoir des Cotonniers and lingerie label Princesse Tam Tam.

  • A few days after US President Joe Biden said that there would be consequences for Saudi Arabia on its decision...

    The United States accused Saudi Arabia of kowtowing to Moscow, which objects to a Western cap on the price of Russian oil in response to its invasion of Ukraine

    The Saudi foreign ministry statement stressed the “purely economic context” of the oil cut

  • Private cars will be banned from many streets and residents near some stadiums will need permits to get to their...

    The gulf state of 2.9 million people will be the smallest to hold the World Cup that starts November 20

    Qatar has spent billions of dollars on a state-of-the-art driverless metro rail network that serves five of the eight stadiums