INSEAD Day 4 - 728x90

FAB profit edges higher

Income growth supports steady earnings.

UAB H1 profit climbs

Income, lending drive first-half growth

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
  • Jordan's Minister of Planning and International Cooperation Nasser Shraideh held a series of meetings at the High Level Political Forum...

    The Jordanian minister met with several senior UN officials and presented the country's 2nd Voluntary National Review

    The minister briefed the UN officials on social and economic challenges facing the Kingdom

  • Vice President and Prime Minister of the UAE Sheikh Mohammed bin Rashid Al Maktoum, in his capacity as the Ruler...

    Expo City Dubai Authority seeks to reinforce Dubai's position as a leading destination for global exhibitions

    The Authority will facilitate sharing of knowledge and experiences related to the management and organization of major events

  • Exports accounted for the largest portion of the emirate's total non-oil foreign trade, reaching 57 percent, at AED 9.539 billion.

    Exports accounted for the largest portion of the emirate's total non-oil foreign trade, reaching 57 percent, at AED 9.539 billion

    This is followed by imports, which accounted for 35 percent of the total, amounting to AED 5.97 billion

  • Saudi Arabia announced Friday it was lifting restrictions on "all carriers" using its airspace, an apparent gesture of openness towards...

    The decision was made "to complement the Kingdom's efforts aimed at consolidating its position as a global hub connecting three continents"

    Israel has been pushing for the overflight rights to shorten links to destinations in Asia.

  • Revised lending norms, focus on sustainability and improved digital services and data availability help the emirate advance in JLL's Global...

    Lending reforms, focus on sustainability and improved digital services and data availability help the emirate advance in JLL's Global Real Estate Transparency Index

    Despite moving up one spot in the global rankings, Abu Dhabi is still classified as having 'Partial Transparency' in its governmental practices, the JLL index points out

  • A UAE delegation led by Minister of Industry and Advanced Technology Dr Sultan bin Ahmed Al Jaber has concluded a...

    A UAE delegation led by Minister of Industry and Advanced Technology was on a two-day visit to Türkiye aimed at enhancing cooperation

    The visit included meetings with senior government and private sectors officials as well as a UAE-Türkiye Investment Workshop

  • Europe's main stock markets slid at the open on Thursday, as a fresh spike in US inflation reinforced expectations of...

    In initial deals, London's FTSE 100 index lost 0.3 percent to 7,138.54 points compared with the closing level on Wednesday.

    In the eurozone, Frankfurt's DAX index slid 0.2 percent to 12,733.34 points and the Paris CAC 40 shed 0.4 percent to 5,977.05.

  • Abu Dhabi Fund for Development and the Abu Dhabi Exports Office signed two loan agreements with the Electricity and Water...

    AED will provide US$ 41mn to the Electricity and Water Authority in Bahrain to finance a water supply network project

    ADEX will provide US$ 51 million for the project which aims to enhance the capacity of the water transmission networks

  • Libya's Tripoli-based government has named a new head of the state oil company to replace veteran technocrat Mustafa Sanalla, who...

    Farhat Bengdara and four others will from now on make up the "board of directors of the National Oil Corporation".

    Mustafa Sanallla has led the National Oil Corporation since 2014,. The Corporation has largely managed to remain neutral in the face of political wrangling.

  • The EU executive, which tracks the economy of the 27 countries in the European Union, said GDP growth in the...

    The commission said the Russian invasion of Ukraine had put "additional upward pressure" on energy and food prices, which were eroding the purchasing power of housholds.

    Other factors negatively affecting growth include the "faster than expected" tightening of monetary policy by the European Central Bank, which it says is needed to curb inflation.