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.

  • Dubai Electricity and Water Authority (DEWA) has announced that its High-Water Usage Alert service has helped to reduce 217,370 tons...

    DEWA's High-Water Usage Alert service sends instant notifications to customers to quickly conduct necessary maintenance to reduce wastage

    These alert services helped identify 1,062,781 water leakage reports, 23,199 defects, and 11,566 cases of increased load

  • Green hydrogen is in sharp focus as governments seek to slash carbon emissions amid record-high temperatures and to safeguard energy...

    In Birmingham, central England, it costs about £50 ($60) to fill Kendall's Toyota Mirai with the green hydrogen that is produced at a plant next to the refuelling station

    Britain's government says £9 billion of investment is needed "to make hydrogen a cornerstone of the UK's greener future" as it targets net zero carbon emissions by mid-century

  • The Governor of the Central Bank, Mustafa Ghalib, received the US Ambassador to Iraq, Alina Romanowski, and her accompanying delegation.

    The Governor of the Central Bank, Mustafa Ghalib, received the US Ambassador to Iraq, Alina Romanowski, and her accompanying delegation

    Ghalib reviewed the efforts of the Central Bank to support development through monetary policy means and the direct impact of its initiatives

  • This amounts to an increase of 29% over last year.

    All of Qatar Stock Exchange listed companies have disclosed their financial results for the six month period ended June 30, 2022

    The QSE is a full member of the World Federation of Exchanges and was recently upgraded by the MSCI and the S&P Dow Jones Indices

  • A deal would mean that Iran's crude output of 2.5 million barrels per day would no longer be subject to...

    Oil prices fell Monday on the prospects of a return of Iranian oil to the market and data showing China's economic recovery stuttering

    Stock markets were broadly steady and the dollar traded mixed as investors digested the latest developments

  • The Global Business Travel Association now projects business travel will regain its 2019 level of $1.43 trillion in mid-2026, 18...

    recovery was "short-circuited" in late 2021 and early 2022 by the Omicron variant of Covid-19, but that trips surged after that once Covid cases fell

    Major obstacles to a full recovery include high energy prices, labor shortages, Covid lockdowns, regional impacts due to the war in Ukraine and sustainability concerns

  • The charge has been set at 2.419 cents per kilowatt hour, said Trading Hub Europe, a non-profit company of energy...

    The charge has been set at 2.419 cents per kilowatt hour, said Trading Hub Europe, a non-profit company of energy network operators in Germany

    For a family of four with an annual average energy usage of 20,000 kwh, this would come to about $493.70 before goods and services taxes

  • The number of projects inside the UAE and in several regions around the world has reached 22,517.

    The number of projects inside the UAE and in several regions around the world has reached 22,517

    Dar Al Ber also implemented seasonal projects in 37 countries in Asia, Africa and Europe

  • The agriculture output in 2017 was estimated at $17.41 billion, around $17.48 billion in 2018, and $17.65 billion in 2019,...

    The positive growth in the sector has been attributed to the strategies implemented by the kingdom's government corresponding with Vision 2030

    The sector’s contribution to the gross domestic product in general amounted to 2.3 percent last year, while the contribution of agricultural output to non-oil GDP was 3.6 percent

  • Bahrain has posted a budget surplus of $88 million in the first half of 2022, from a deficit of $1.38...

    Actual revenues collected increased by 52 percent compared to the same period in 2021.The kingdom had reported a deficit of $1.38 billion a year earlier.

    Actual expenses amounted to $4.4 billion, an increase at a rate of only 2 percent compared to the same period in 2021.