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.
  • Director-General of the Ajman Chamber of Commerce and Industry (ACCI) Salem Al-Suwaidi received Ambassador of Mexico to the UAE Luis...

    The meeting between DG of Ajman Chamber and Mexican ambassador took place as part of the Chamber's efforts to diversify its external partnerships

    The two sides discussed economic cooperation and explored trade and investment opportunities between the two countries

  • Investors remain on edge as central banks hike interest rates to fight runaway inflation, but the monetary policy tightening could...

    US retail sales flatlined at $682.8 billion in July as gasoline prices retreated from record levels while American consumers boosted spending

    The Bank of England warned earlier this month that UK inflation would climb to just above 13 percent this year, which would be the highest level since 1980

  • The US in retaliation will begin formal trade talks with Taiwan by the autumn to show support for the democracy,...

    Taiwan lives under constant threat of an invasion by China, which claims the democratically ruled island as part of its territory to be seized one day

    The US envoy said Washington would respond with "calm, but resolute steps" to keep the Taiwan Strait open and peaceful

  • “OPEC is not behind this price increase,” said the secretary-general of the the influential group of producers Haitham Al-Ghais. “There...

    Al-Ghais’ comments follow the OPEC’s decision to add only 100,000 barrels per day from next month

    He said the factors behind the spike in gas and oil prices are beyond OPEC and identified underinvestment as the main problem

  • US Fed officials believe it will take some time to bring "unacceptably high" inflation back down near the two percent...

    US policymakers are trying to tread a narrow path and avoid pushing the world's largest economy into recession

    Fed officials are trying to dispel some of that excess optimism, stressing in recent speeches that the central bank is committed to pursuing its battle on inflation

  • The UAE has exceeded international figures in 11 indexes on the best expatriate destinations based on various factors, which include...

    German research firm InterNations said UAE achieved advanced positions in four key pillars and 11 indexes, out of five pillars and 17 indexes.

    About 94 percent of those surveyed felt safe in the UAE while the global rate was under 81 percent.

  • The government's Vision 2030 reform programme, designed to reduce the kingdom's dependence on oil, has also given the economy a...

    The kingdom managed to contain inflation at 3.1% in 2021, and the IMF predicted it would remain little changed this year at 2.8%, even as rates soar in much of the developed world.

    The fund said that was largely due to "low passthrough" of the double-digit wholesale price inflation and increasing shipping costs battering the world economy.

  • The Ministry of Human Resources and Emiratisation said in its private sector workforce report that the construction sector accounted for...

    Twenty-six percent of the total private sector workforce registered with the Ministry are in the construction sector, followed by 21 percent in the trade and repair services.

    Agriculture sector marked the highest (70 percent) growth in the number of new work permits issued, followed by social and personal services.

  • The Fund purchased 1.8 million shares of Microsoft, 4.7 million class A shares of Zoom, and 213,000 class A shares...

    The Fund purchased 1.8 million shares of Microsoft, 4.7 million class A shares of Zoom, and 213,000 class A shares of Alphabet

    It also acquired shares in JPMorgan and BlackRock, buying 3.9 million shares and 741,693 shares respectively

  • The blueprint establishes the frame for blockchain at the national level and identifies its key elements; innovation and creativity.

    The blueprint establishes the frame for blockchain at the national level and identifies its key elements

    It underlines the potential of blockchain technology and the opportunities that it can offer to Qatar