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.
  • Pre-tax earnings sank 15 percent to $9.2 billion.

    Executives are expected to field questions about a restructuring bid from its biggest shareholder Ping An Insurance Group.

    The bank rebuffed calls to spin off its Asian activities on the eve of a shareholder meet

  • UAE’s central bank said Monday that gross banks’ assets, including bankers’ acceptances, rose to AED3.44 trillion ($936 billion) at the...

    The CBUAE said the gross credit grew by 2.6 percent, rising from AED1.81 trillion at the end of April 2022 to AED1.86 trillion at the end of May 2022.

    Gross Credit rose due to 3 percent increase in Domestic Credit, overriding the 0.1 percent reduction in Foreign Credit.

  • Brokerage companies in Dubai Financial Market added 20,552 new investor accounts in the first seven months of 2022. The market...

    Brokerage companies in Dubai Financial Market added 20,552 new investor accounts in the first seven months of 2022

    The market witnessed significant momentum since the announcement of the listing of 10 governmental and semi-governmental firms

  • Algerian President Abdelmadjid Tebboune has suggested that his country, Africa's largest natural gas exporter, could join the BRICS economic group...

    Tebboune's comment of joining BRICS came after Russian President called on BRICS leaders to move towards "formation of a multipolar system of inter-government relations"

    The President participated in a BRICS virtual summit at the end of June, when Putin called on leaders of the group to cooperate in the face of "selfish actions" from the West

  • US envoy Amos Hochstein arrived in Beirut Sunday to push talks to resolve a bitter maritime border dispute between Lebanon...

    Hochstein met with Lebanon's Energy Minister Walid Fayad on Sunday, and is scheduled to meet with President Michel Aoun and prime minister Najib Mikati the following day

    The maritime border dispute between Lebanon and Israel escalated in early June, after Israel moved a production vessel to the Karish offshore field, partly claimed by Lebanon

  • The initiative is part of the Service Excellence Programme, which builds on Qatar Tourism’s strategy, to enhance the visitor experience...

    The initiative is part of the Service Excellence Programme, which builds on Qatar Tourism’s strategy, to enhance the visitor experience at every touchpoint along their journey

    The programme involves a multi-pronged approach to ensure a seamless customer journey. In collaboration with stakeholders

  • Jordan king Abdullah urged coordination among state institutions to ensure the implementation of the modernisation roadmap.

    Jordan king Abdullah urged coordination among state institutions to ensure the implementation of the modernisation roadmap

    Prime Minister Khasawneh said that the roadmap identified seven pillars as top priorities for improvement and modernisation of public services

  • Libya's oil production has returned to the volume recorded before a months-long blockade that paralysed the economy, official sources said...

    Oil production fell to around 400,000 barrels of crude per day during the mid-April to mid-July blockade

    On July 15, Libya's new oil chief lifted force majeure at all the country's oil fields and export terminals

  • A spokesman for the Turkish presidency said there was a "high probability" that a first ship carrying Ukrainian grain could...

    The resumption of exports was discussed in talks between the Turkish and Ukrainian defense ministers

    A Joint Coordination Centre is charged with controlling Ukrainian grain exports via the Black Sea

  • Saudi General Authority of Civil Aviation (GACA) signed a Memorandum of Understanding (MOU) with Poland to organize the operational framework...

    From the Saudi side, Ali Rajab, Executive Vice President at GACA -Economic Policies & International Cooperation signed the MoU

    From the Polish side, Piotr Samson, President of the Polish Civil Aviation Authority inked the pact in Warsaw