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.

  • Minister of Industry and Advanced Technology and UAE Special Envoy to Japan Dr. Sultan bin Ahmed Al Jaber and the...

    The UAE-Japan strategic partnership agreement aims to bolster relations between the two countries to advance their common interests.

    The key areas of the partnership include diplomacy, enhancing international development, humanitarian aid efforts, business, trade, energy.

  • Jordan's The Royal Scientific Society (RSS) and the Princess Sumaya University for Technology (PSUT) discussed with the German Research Foundation...

    A German Research Foundation (DFG) delegation visits Jordan and discusses scientific and research ties in the water sector.

    The delegation included 22 researchers, professors and representatives from the German Academic Exchange Service (DAAD).

  • Firm buys stake for $68 million via its subsidiary IHC Digital

    Emircom is the Middle East’s leading information and communications technology (ICT) provider.

    This $68 million purchase comes as part of IHC’s strategy to grow its digital assets portfolio and expand into new growth areas.

  • The decision follows weeks of intensifying pressure from Washington for NATO member Turkey to limit its booming economic relations with...

    Two private Turkish lenders that began processing Mir after President Erdogan met Russian counterpart Vladimir Putin in August suspended the transactions early this month

    Mir cards offer millions of Russians that vacation in Turkey each year a way to access their rubles and pay for everything from restaurants to hotels

  • WTO Director-General Ngozi Okonjo-Iweala said Russia's war in Ukraine, the climate crisis, food price and energy shocks plus the aftermath...

    She noted that the World Bank and the International Monetary Fund had both downgraded global growth forecasts, while indicators on trade numbers were "not looking too good".

    She urged central banks to determine whether inflation was being caused by strong demand or whether the rise in prices was linked to structural problems on the supply side.

  • According to the report, the number of foreign tourists visiting the kingdom has surged 121 percent from January to July...

    According to the report, the number of foreign tourists visiting the kingdom has surged 121 percent from January to July 2022

    Saudi tourism sector is currently recovering from the fallout of the pandemic following preventive measures taken by the government

  • The bank, which has 49 members stretching from the Cook Islands in the Pacific to Kazakhstan in Central Asia, usually...

    The financing would target among other things food production and distribution. ADB says 1.1 billion people in the region "lack healthy diets due to poverty and food prices".

    The announcement comes after the bank recently cut its 2022 growth forecast for the region, to 4.3 percent from its April projection of 5.2 percent.

  • Ten vending machines were installed last week in supermarkets, with a computer touch screen allowing people to select different types:...

    According to government figures, the food price index, which tracks the monthly change in the cost of a basket of food commodities, rose by 8.75% in July YoY.

    The UAE has a population of nearly 10 million people, 90 percent of them foreigners, many labourers from Asia and Africa.

  • Following the leaks, Jorgensen said the authorities called for "higher levels of preparedness in the electricity and gas sector" in...

    The Nord Stream 1 leaks were first spotted Monday evening, hour after a drop in pressure was reported in Nord Stream 2, according to the Swedish Maritime Administration

    As a result of the leaks, navigational warnings have also been issued for a distance of five nautical miles and a flight height of 1,000 meters

  • Prodded by the IMF to implement reforms, Lebanon's parliament has approved the 2022 budget setting expenditures at $1.2 billion. The...

    Lebanon is in the throes of an economic meltdown that the World Bank has branded one of the world's worst crises in modern times

    The IMF has conditioned its loan on a series of measures, including the approval of the budget as well as reforms to bank secrecy laws, restructuring the banking sector