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 Emirates Nuclear Energy Corporation (ENEC) hosted the first edition of the CyberEnergy Leadership Forum (CELF) in Abu Dhabi. Over...

    The one-day forum featured a leadership briefing, followed by a technical forum hosted by ENEC and the United States Department of Energy

    ENEC is a leading entity that is spearheading cyber security in the UAE’s clean energy sector

  • The energy giant's H1 net profit rose to $7.2 billion.

    Having processed 45.8 million tonnes of oil this semester, Rosneft said its debt decreased by 12 percent from the beginning of the year.

    The company' revenues increased by 32.5 percent, reaching $86.7 billion.

  • The court dismisses appeal over $270m import tax bill.

    The case relates to Toyota Motor Thailand's importation of parts for its Prius model at a reduced tax rate between 2010 and 2012.

    While Thailand's Central Tax Court ruled in favor of Toyota in 2017, the decision was later overturned.

  • Expo Centre Sharjah has said that it will host the International Jewelry Designers Forum on October 7.

    The forum will discuss a number of thematic topics, including future trends in jewelry and gem designs.

    It will also discuss important techniques used in combining stones and lab-created diamonds.

  • General Authority for Statistics said the main drivers of CPI inflation were the higher prices of food & beverages and...

    In August 2022, the Wholesale Price Index increased by 5.6 percent compared to the same month in 2021, but down from 6.8 percent in July 2022.

    The increase resulted mainly from the increase in metal products, machinery and equipment prices that have a relatively high weight in the index.

  • President Joe Biden's administration on Wednesday approved most military aid to Egypt for a second straight year despite concerns on...

    Some of Biden's political allies have pressed for a wider cutoff of aid to Egypt, which rights groups estimate is holding more than 60,000 prisoners of conscience

    Senator Chris Murphy, a Democrat, scoffed at the idea that Egypt was making progress and earlier this week called on the administration to withhold more funds

  • Dubai, UAE-- Jebel Ali Free Zone (Jafza), part of DP World Group, has facilitated over 1.2 million metric tons (MT)...

    This is equivalent to $12.4 billion, more than a third of the total trade worth $31.3 billion.  

    Dubai hosts the region’s biggest automotive trading hub and the largest used car market.

  • The purpose of the event is to highlight the most significant advancements in the digital transformation and adoption of cutting-edge...

    The purpose of the event is to highlight the most significant advancements in the digital transformation and adoption of cutting-edge technological solutions in the sector

    This edition is the first to be organised in person after the pandemic and the recovery of global economies from its unprecedented effects on the supply chain

  • It was just the latest in a string of heists as Lebanese depositors, whose savings have been trapped in banks...

    Sali Hafiz streamed a live video of her raid, in which she could be heard yelling at employees to release a sum of money while entrances to the bank were sealed.

    She instantly turned into a folk hero on social media in Lebanon, where many are desperate to access their savings and furious at a banking sector perceived as a corrupt cartel.

  • In the EU's electricity market, the price is based on the last source used to meet demand -- often a...

    Wholesale energy prices thus soared together when the war in Ukraine sent the cost of gas skyrocketing.

    Commission chief Ursula von der Leyen said the levy, or cap, would raise at least $140 billion. The commission wants to reduce monthly consumption by 10 percent.