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.

  • By the end of 2022, the UAE is expected to attract more than 4,000 high-net-worth individuals, mostly from India, Russia,...

    Around 25 percent of GCC's millionaires are moving to the UAE. At the same time, others are relocating to other regions like the UK, US and Europe.

    The total private wealth of the wealthy in the UAE increased by US$46 billion between 2019 and 2021, to nearly US$917 billion, according to a Global Citizens report.

  • BERLIN, GERMANY - German investor confidence fell in September for a third straight month, a closely watched survey showed on...

    The ZEW institute's economic expectations index dropped 6.6 points from the previous month to minus 61.9 points.

    For its survey, ZEW quizzes experts about the current economic situation and the outlook for the coming six months.

  • India, the incoming President of the Group of Twenty (G-20) announced that it will invite the UAE as one of...

    The G-20 accounts for 85 percent of global GDP, 75 percent of international trade and two-thirds of the world population.

    This is the first of a series of announcements being made by India preparatory to its assumption of the G-20 Presidency on December 1, 2022.

  • A UAE economic delegation led by Minister of State Ahmed Ali Al Sayegh visited Tbilisi, Georgia.

    UAE-Georgian economic relations have witnessed remarkable development in recent years.

    Total non-oil trade between UAE and Georgia in 2020 and 2021 grew by 52 percent to reach US$223 million.

  • UAE's Telecommunications and Digital Government Regulatory Authority (TDRA) has announced that it has become a member of the European Foundation...

    Telecommunications and Digital Government Regulatory Authority will support the implementation of EFQM's leading approach.

    TDRA will utilize the integrated services provided by the EFQM to better equip its own teams to drive excellence.

  • PPPs boost efficiency, increase transparency in funds management, simplify processes that have cost implications, and integrate technologies, said ECI CEO

    PPPs boost efficiency, increase transparency in funds management, simplify processes that have cost implications, and integrate technologies, said ECI CEO

    ECI, Falcioni added, has partnered with private companies and government institutions to enhance public infrastructures in and outside the UAE

  • Thanks to falling gasoline prices, US inflation has slowed down in August, but not enough to satisfy policymakers, especially President...

    Prices have been soaring for months, exacerbated by the Russian invasion of Ukraine, which has impacted energy and food prices

    Inflation also has become a hot political issue just weeks away from key midterm congressional elections, and Biden has made fighting high prices his top domestic priority

  • An integrated iron sheet production complex with a capacity of 1.2 million tonnes per year is one of the projects.

    An integrated iron sheet production complex with a capacity of 1.2 million tonnes per year is one of the projects

    A factory will also be established to produce circular iron blocks with an estimated production capacity of one million tonnes per year

  • Arab countries are constructing solar and wind energy plants with a total capacity of 73.4 gigatons, which is nearly five...

    Renewable energy generation projects in the Arab countries will reach nearly 92 percent of the region's total targets by 2030.

    More than 12 gigatons of wind and solar energy are currently produced in the Arab region, the report said.

  • Stock markets rallied Monday, building on pre-weekend momentum as investors priced in the expectation of further interest rate hikes aimed...

    The euro surged a day after German central bank chief signaled the European Central Bank would probably continue raising its key rate.

    The European single currency rocketed more than 1.4 percent against the dollar and 1.6 percent versus the yen before trimming gains around midday.