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.
  • According to the Kingdom’s Unified National Platform, the Kingdom has been moving toward the Saudi Vision 2030 by developing the...

    The SAMA data showed that the value of Saudi banks’ aggregate loan portfolio totaled $537 billion at the end of the second quarter of 2022

    According to the Kingdom’s Unified National Platform, the Kingdom has been moving toward the Saudi Vision 2030 by developing the trade sector and ensuring its sustainability

  • The dollar's first-quarter increase of about 10% against a basket of international currencies may reduce the impact of imported inflation...

    The dollar's first-quarter increase of about 10% against a basket of international currencies may reduce the impact of imported inflation due to dirham's peg to the US currency

    Inflation has affected many sectors in the UAE where there is less freedom in price-fixing, says Wael Makarem, Senior Market Strategist - MENA at Exness

  • The average natural gas consumption for Jordan's industries amounted to 24 million cubic feet (CF) per day during 2021, according...

    Gas production from Risha Field, eastern Jordan, reached about 6,510 million cubic feet during 2021 at a daily rate of 17.8 million cubic feet

    The capacity of Risha Field has been raised to about 32 million cubic feet per day, as Risha Wells 53, 51, 50 have entered production in 2021

  • A Jordanian-Moroccan hospitality and tourism training project will be launched in the Hashemite Kingdom as part of the strategic partnership...

    The Moroccan ambassador stressed on Jordan's pivotal role in joint Arab efforts and regional issues.

    The envoy stressed on the partnerships between Jordan and Morocco in tourism, agriculture, renewable energy

  • President of the Swiss Confederation Ignazio Cassis, has received a written message from President Sheikh Mohamed bin Zayed Al Nahyan...

    The UAE is keen on strengthening bilateral relations with Switzerland

    Sheikh Abdullah has delivered the written message of the UAE President to the Swiss President

  • A new trade plan will be unveiled within days, while US forces will transit the Taiwan Strait in the next...

    Taiwan has accused China of using the visit by Pelosi as an excuse to kickstart drills that Taipei called that Taipei called a rehearsal for invasion

    In response to China's drills, the United States is reasserting its involvement in the area, while reiterating its policy of "strategic ambiguity."

  • This initiative comes as part of the directives of the UAE President to provide humanitarian support to the Somali people...

    The initiative comes as part of the directives of the UAE President to provide humanitarian support to the Somali people

    Authorities distributed relief aid to families and those displaced in their areas and camps

  • The ministry stated that those who qualify to perform Umrah also include holders of US, UK and Schengen visas

    The ministry stated that those who qualify to perform Umrah also include holders of US, UK and Schengen visas.

    The system allows people to obtain a tourist visa, valid for a period of 12 months, upon arrival at one of the Saudi airports

  • The country's struggling economy needs to urgently secure more foreign currency in its $400 billion economy to plug gaping deficits.

    The country is looking to garner $41 billion to pay for its current account deficit and maturing debt by the end of 2023

    Saudi Arabia, the UAE and Qatar have pledged more than $22 billion in deposits and investments in the struggling economy

  • The Ras Al Khaimah Chamber of Commerce and Industry issued its statistics for the second quarter of 2022, which showed...

    The report also showed that the number of certificates of origin issued by the chamber totaled 5,871.

    A total of 326 plots were sold for $446 million, while 1,567 apartments and villas were purchased for $849 million