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.

  • The UAE finance ministry's Financial Restructuring Committee (FRC) recently held the second meeting of its Consultative Council.

    The meeting discussed the development of the financial reorganization service.

    It deliberated on the best ways to communicate relevant information about financial restructuring procedures.

  • With four out of five Lebanese now considered poor according to the United Nations, the country has been desperately seeking...

    For decades, the Lebanese pound was pegged at 1,500 to the dollar, meaning that it has lost around 95 percent of its value since 2019

    Unable to transfer or withdraw their dollar deposits, many have resorted to desperate bank heists to free their money

  • Iran wants billions of dollars in US assets to be unfrozen and returned to it, while the US says money...

    The case before the International Court of Justice comes as hopes fade of reviving a landmark deal which former US president Donald Trump withdrew from in 2018

    In 2008, US announced that it was pulling out of the Treaty of Amity after the ICJ in a separate case ordered Washington to lift sanctions on Iran

  • Adoption of metaverse technologies is part of the UAE government's strategy to diversify its economy away from oil as the...

    Adoption of metaverse technologies is part of the UAE government's strategy to diversify its economy away from oil as the country focuses on innovation and talent development

    The Higher Committee for Future Technology and Digital Economy is set to make Dubai a leading hub for developing and using metaverse technologies worldwide

  • Riyadh, Saudi Arabia— The National Development Fund (NDF) of Saudi Arabia has since March 2020 financed SAR28 billion ($7.45 billion)...

     Initiatives from the Social Development Bank and Kafalah Program were introduced to finance small and emerging enterprises specialized in health care and education.

    The Fund launched an initiative to postpone outstanding debts and restructure the soft loans for 33 developing countries worldwide to ease their burden.

  • The International Organization for Standardization (ISO) Annual Meeting 2022 starts Monday at the ADNOC Business Center in UAE's Abu Dhabi.

    Hosted by UAE Ministry of Industry and Advanced Technology (MoIAT), the ISO Annual Meeting 2022 runs from September 19 to 23.

    The event will witness the participation of over 2,000 delegates physically and virtually.

  • UAE Ministry of Health and Prevention (MoHAP) has signed a memorandum of cooperation (MoC) with Mediclinic Middle East to strengthen...

    UAE Ministry of Health and Mediclinic Middle East will cooperate in exchange of expertise and enhancing health research.

    Both entities will cooperate in organizing scientific conferences, training programs related to health research in the country.

  • MD & CEO of Dubai Electricity and Water Authority (DEWA) Saeed Mohammed Al Tayer met a delegation from the Unified...

    Speaker of Utah House of Representatives Brad Wilson led the delegation to the UAE.

    The delegation want to learn about DEWA’s innovative development projects in the water, renewable and clean energy sectors.

  • The Sharjah Chamber of Commerce and Industry (SCCI) has recommended several measures to strengthen the emirate’s public-private partnerships (PPPs).

    The Cabinet to issue a federal law regulating partnerships between the federal authorities and the private sector in the UAE.

    In its meeting SCCI board of directors has ordered arrangements to be put in place to encourage public-private sector partnerships.

  • Soaring prices have pushed annual inflation to a 40-year high, inflicting pain on American consumers and businesses, despite the welcome...

    Families have been struggling with rising prices sparked initially by high demand as the world's largest economy emerged from the pandemic

    The US central bank has cranked up the benchmark lending rate four times this year, including two straight three-quarter-point hikes in June and July