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.

  • UAE Ministry of Climate Change and Environment and Emirates Development Bank sign a Memorandum of Understanding to finance agricultural SMEs...

    UAE Ministry of Climate Change and Environment and Emirates Development Bank ink pact to finance agricultural SMEs

    This move will help to contribute to the UAE’s sustainable economic development and food security

  • The UAE continues to maintain its regional and international leadership as a distinguished travel destination and a preferred country for...

    The UAE has strengthened its position on the world tourism map, becoming a leading international tourism destination.

    UAE is in the top 10 country in several international competitiveness indexes related to the tourism, travel and hotels sectors in 2021

  • Abu Dhabi Ports and Hutchison Ports have signed an MoU to identify joint investment and business opportunities related to feedering,...

    They will partner to operate within Tanzania to enhance the capabilities and market competitiveness of port operations in the country, including Dar Es Salaam Port.

    Potential areas of focus include improving servicing to several of Tanzania’s landlocked remote areas and neighboring countries.

  • Uber revenue more than doubled to $8.1 billion in Q2. Uber reported better-than-expected revenue in Q2, fueled by strong demand...

    Uber reported better-than-expected revenue in Q2, fueled by strong demand for the San Francisco-based company's ride-hailing and food delivery services

    Revenue more than doubled to $8.1 billion in the three months through June -- a 105 percent increase

  • During the meeting, the minister emphasized the UAE's commitment to solidifying its economic and trade partnership with Mongolia to support...

    Minister of Economy Abdullah bin Touq Al Marri held a meeting with Ambassador Extraordinary and Plenipotentiary of Mongolia to the UAE Odonbaatar Shijeekhuu

    The meeting was held in Dubai with an aim to strengthen trade and economic cooperation between the UAE and Mongolia

  • Thousands of Iraqis took to the streets of Baghdad Monday in counter-protests as rival supporters of Shiite Muslim cleric Moqtada...

    Sadr's supporters on Saturday breached the normally high-security Green Zone also home to government buildings and embassies

    In multi-confessional and multi-ethnic Iraq, government formation has involved complex negotiations since a 2003 US-led invasion toppled dictator Saddam Hussein

  • Having pledged to help especially the poor, the ultraconservative cleric now faces runaway consumer prices that have sparked protests.

    Having pledged to help especially the poor, the ultraconservative cleric now faces runaway consumer prices that have sparked protests

    Raisi was elected in June last year in a ballot for which less than half of voters turned up, after his major rivals had been disqualified by electoral bodies

  • Al Ghais said an action plan will be developed in consultation with the OPEC member states and technical committees, in...

    Al Ghais said an action plan will be developed in consultation with the OPEC member states and technical committees, in line with OPEC's long-term strategy

    He said that December 2022 will mark six years since the conclusion of the OPEC+ agreement, of which the UAE is a pivotal part

  • In late March, inflation-hit Egypt also devalued its currency, which lost around 18 percent of its value overnight.

    Egypt's currency has not fallen so sharply since December 2016 when it hit 19.3 to the US greenback after a drastic devaluation.

    With its food security under mounting pressure, Egypt in June said it would receive $500 million in financing from the World Bank.

  • The United Arab Emirates has formed a committee that aims to supervise and guide the development of the digital ecosystem...

    The committee will also enhance readiness, competitiveness, flexibility and digital alignment between projects and digital systems in federal government agencies.

    Ohood Khalfan Al Roumi, Minister of State for Government Development and The Future, will chair the committee.