INSEAD Day 4 - 728x90

Sanad posts record revenue

Growth driven by global demand for services.

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.
  • Dutch firm will provide water desalination technology

    The innovative design is intended to be 100 percent reliant on solar energy.

    As per the agreement, a pilot water desalination plant has been installed at the Jebel Ali Power Plant and Desalination Complex.

  • UAE Minister of Industry and Advanced Technology (MoIAT) Dr. Sultan bin Ahmed Al Jaber said that hosting the International Organization...

    The UAE minister said the ISO annual meeting is in tune with MoIAT's efforts to benefit from international expertise.

    Sultan Al Jaber added that such events showcase the UAE's quality infrastructure and deepen partnerships with relevant national and global entities.

  • Alerting five West African countries to the danger posed by climate change, the World Bank has urged them to diversify...

    World Bank warned that millions were at risk or already experiencing food insecurity due to low agricultural production from extreme weather

    The report includes proposals such as restoring degraded land and boosting economic opportunities for communities

  • The aid packages include supporting human development, civil society, governance, institutional development and green transition.

    The aid packages include supporting human development, civil society, governance, institutional development and green transition

    EU ambassador to Jordan Hadjitheodosiou said that the programme sets the priorities for cooperation between the two nations

  • The UAE highlighted the significance of complying with international work standards and developing partnerships that empower countries to overcome the...

    The UAE said that it is important to guarantee the rights of employers and employees.

    Global cooperation would help in reducing inequality and discrimination that employees may be exposed to.

  • Arab economies grew by 3.5% in 2021. The higher growth in 2022 is attributed to an improvement in global demand...

    However, economic growth for Arab countries is expected to decline in 2023 to about 4 percent, in line with the decline in global economic growth rate.

    Global economy is expected to rise 3.2 percent in 2022 and 2.9 percent in 2023, said Abdulrahman bin Abdullah Al-Hamidy, chairman AMF Board of Directors.

  • A study by an Emirati researcher has shown that wheat growth can be accelerated and production improved using treated sewage...

    The highest wheat productivity rate was achieved when using treated sewage water.

    key factors that improve wheat quality are the fertility of the soil, which must contain important nutrients and the quality of irrigated water.

  • The Dubai Supreme Council of Energy had a virtual meeting in which it was revealed that Dubai had reduced carbon...

    The Dubai Supreme Council of Energy in a meeting discussed increasing the share of solar energy.

    The meeting deliberated waste recycling in power and water production, industry, ground transport and waste treatment.

  • Manama, Bahrain—Bahrain’s latest government treasury bills, valued at Bahrain Dinar 70 million ($185 million), have been oversubscribed by 216 percent....

    The bills, carrying a maturity of 91 days, are issued by the Central Bank of Bahrain, on behalf of the Bahrain government.

    The issue date of the bills is 21 September 2022 and the maturity date is 21 December 2022.

  • With recent data showing US inflation rooted at four-decade highs, investors are increasingly pessimistic about the outlook for the global...

    Several central banks are due to make rate announcements this week, with Japan and Britain among the biggest, although the main event is Wednesday's Fed decision.

    Policymakers, including Fed boss Jerome Powell, have repeatedly said their ultimate aim is to bring inflation under control, even if that means sending the economy into recession.