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 PBOC said the renewal would help deepen bilateral financial cooperation, facilitate trade and investment, and maintain the stability of...

    The PBOC said the renewal would help deepen bilateral financial cooperation, facilitate trade and investment, and maintain the stability of the financial market

    A currency swap sees two parties agree to exchange a certain amount of foreign currency at a pre-determined rate, protecting against fluctuations

  • The Mesopotamian Marshes, a UNESCO World Heritage site, have been battered by low rainfall and reduced flows in the Tigris...

    The mass exodus began in April after more than 2,000 buffaloes had died as a result of the drought

    Iraq's water resources minister said that 2022 has been "one of the driest years Iraq has seen since 1930."

  • Dubai real estate market recorded 445 sales transactions worth US$321 million, in addition to 68 mortgage deals of $121 million...

    Dubai real estate market recorded 445 sales transactions worth $321 million.

    The market witnessed 68 mortgage deals of $121 million and 37 gifts deals amounting to $16 million.

  • Riyadh, Saudi Arabia-- Saudi Arabia's Industrial Production Index in August 2022 increased by 6.8 percent compared to August 2021. The...

    In August 2022, mining and quarrying grew by 15.5 percent compared to August 2021.

    The manufacturing activity increased by 22 percent compared to the same month of the previous year. The electricity and gas supplies increased by 11.3 percent.

  • A Saudi Arabian delegation led by Minister of Communications and Information Technology Eng. Abdullah bin Amer Al-Swaha is on a...

    A Saudi Arabian delegation led by Minister of Communications and Information Technology Eng. Abdullah bin Amer Al-Swaha is on a visit to Oman.

    The Saudi delegation met with Oman's Minister of Transport, Communications and Information Technology Saeed Al-Mawali and Minister of Economy Saeed As-Saqri.

  • The Algerian and French prime ministers hailed a "new dynamic" as they launched a joint economic forum during a visit...

    Borne and her delegation are the latest in a string of top European officials to visit Algeria.

    The two-day business forum was organized by the Algerian Chamber of Commerce and Industry and Business France, a government agency.

  • Ex-Fed chief Ben Bernanke together with Douglas Diamond and Philip Dybvig were honoured for having "significantly improved our understanding of...

    Bernanke, 68, the chair of the US Federal Reserve between 2006 and 2014, was highlighted for his analysis of "the worst economic crisis in modern history" -- the Great Depression.

    Diamond and Dybvig were in turn honoured for showing how "banks offer an optimal solution" for channelling savings to investments by acting as an intermediary.

  • A brief rally across trading floors last week gave way to gloom as investors grow increasingly worried that central bank...

    All three main indexes tumbled Friday following news that a net 263,000 US jobs were created in September

    With the spotlight on a consumer price index reading later in the week, policymakers continue to take a hawkish tone

  • The BoE "announces additional measures to support market functioning", said a statement, adding that the central bank was ready to...

    The BoE said it is launching a Temporary Expanded Collateral Repo Facility, enabling "banks to help to ease liquidity pressures facing" client funds beyond the end of this week

    The central bank has so far made purchases of so-called gilts totalling around £5 billion ($5.5 billion), far less than its £65-billion limit

  • According to the cabinet decision, the price of large-sized white pitta bread will remain at 320 fils, while small-sized white...

    According to the cabinet decision, the price of large-sized white pitta bread will remain at 320 fils, while small-sized white pitta bread will remain at 400 fils

    The decision also included continuing to provide $6 in cash support to non-mechanical bakeries, specifically those that use one tonne or less of flour daily