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.
  • Saudi Arabia's year-on-year economic growth in the second quarter was 11.8 percent compared to the same period last year, according...

    Saudi Arabia's year-on-year economic growth in the second quarter was 11.8 percent compared to the same period last year

    The Middle East's largest economy has benefited from a spike in oil prices triggered by Russia's invasion of Ukraine

  • Sheikh Hamdan bin Zayed Al Nahyan, Ruler's Representative in Al Dhafra Region and Chairman of the Emirates Falconers’ Club (EFC),...

    Chairman of the Emirates Falconers’ Club has issued directives for development of the strategy of Abu Dhabi International Hunting and Equestrian Exhibition

    The development of ADIHEX strategy is to enhance its role in preserving UAE's cultural heritage, protecting the environment and promoting sustainable hunting

  • In bankrupt Lebanon, Khalil Mansour has to queue for hours every day just to buy bread for his family and...

    A bag of flat Arabic pitta-like bread now officially sells for 13,000 Lebanese pounds (43 US cents) and on the black market it costs more than 30,000

    Lebanese media carry frequent reports of fights breaking out at bakeries, and even shots fired by customers demanding more bread

  • Istanbul Airport ranked first in Europe in terms of the average number of daily flights during the period of July...

    The Airport exceeded the French Charles de Gaulle Airport and Amsterdam Airport Schiphol by number of flights

    Istanbul Airport also topped the list of airports in terms of the number of passengers during the month of June

  • Russian energy giant Gazprom Saturday suspended gas supplies to Latvia following tensions between Moscow and the West over the conflict...

    Gazprom suspended its gas supplies to Latvia due to "violations of the conditions" of purchase, the company said on Telegram.

    Gazprom drastically cut gas deliveries to Europe via the Nord Stream pipeline on Wednesday to about 20 percent of its capacity.

  • Dubai Electricity and Water Authority (DEWA)’s Marafeq Smart Feature has contributed to accelerating issuing of No Objection Certificates (NOCs) for...

    DEWA’s Marafeq Smart Feature has enhanced collaboration with other utilities in Dubai

    Till the end of June 2022, around 15,000 NOCs have been approved using this feature

  • Credit facilities provided by national banks to the business and industrial sector rose 1.92 percent to US$3.5 billion (AED13.1 billion)...

    The cumulative balance of credit provided by national banks to the sector on a year-on-year basis grew by 2.14 percent.

    Value of credit facilities extended by national banks to the sector accounted for 89.1% of gross accumulative credit balance.

  • The January-June figure hit $125.9 billion, the Turkish Statistical Institute (TurkStat) said in a statement

    The January-June figure hit $125.9 billion, the Turkish Statistical Institute (TurkStat) said in a statement

    As imports rose at a faster pace than exports, the country's foreign trade deficit widened 142.7 percent to hit $51.4 billion

  • Experts consider Yemeni honey some of the best in the world, including the prized Royal Sidr known for its therapeutic...

    Experts consider Yemeni honey some of the best in the world, including the prized Royal Sidr known for its therapeutic properties

    The United Nations says honey plays a "vital role" in Yemen's economy, with 100,000 households dependent on it for their livelihoods

  • Egypt said it had protested to the UN Security Council Friday against Ethiopian plans to fill the reservoir of a...

    The process of filling the GERD's vast reservoir began in 2020, with Ethiopia announcing in July that year it had hit its target of 4.9 billion cubic metres

    Addis Ababa deems the GERD essential for the electrification and development of Africa's second most populous country