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
  • Iraq received in excess of $11 billion as revenue for crude oil export in June, the Ministry of Oil said....

    Crude oil export in June from oil fields in central and southern Iraq amounted to (97) million (980) thousand and (589) barrels.

    Total exported quantities from Kirkuk fields through Ceyhan port amounted to one million (910) thousand and (887) barrels.

  • Foreign ministers of Arab nations discussed in Beirut a range of regional crises, with emphasis on food security and the...

    The discussions of the ministers dealt with the impact of the Ukraine war on the region and food security

    As for the Ukraine war, the Arab diplomats were unanimous in rejection of any politicization of international organizations

  • Speaking at the NATO summit in Madrid, Johnson said the "very, very tight labor market" and difficult "balance of our...

    The PM said when the National Insurance threshold rises Wednesday, it will save 30 million British workers up to $400 a year.

    He said there is a "big chance" to fix unnecessary cost pressures for people and businesses across the UK.

  • Artificial Intelligence market is growing in the Middle East by an estimated 20 percent to 34 percent annually, with GCC...

    By 2030, some 70 percent of companies might have adopted at least one type of Artificial Intelligence (AI) technology.

    Less than half will have fully absorbed the five categories of AI: computer vision, natural language, virtual assistants, robotic process automation, and advanced machine learning.

  • Jordan Chamber of Commerce Vice President discusses with a World Bank team the Kingdom's investment regulation law and the incentives...

    Jordan's Chamber of Commerce stressed on the need to offer clear incentives to projects in the pipeline.

    The move will help the private sector can publicize such incentives to lure in more investments.

  • Jordan imported 11.8 million barrels of crude oil through the port of Aqaba, while a total of about 1.19 million...

    1.19 mn barrels of Iraqi oil were imported since supply was launched in September 2021 until end of 2021

    Oil production from the Hamza oil field amounted to 105,000 barrels during 2021

  • The UAE has approved 22 policies that focus on accelerating the implementation of the circular economy model in the UAE in...

    These policies will focus on accelerating the implementation of circular economy model in he UAE in manufacturing, food, infrastructure, and transport.

    A meeting of the Circular Economy Council also identified at least 16 circular economy activities that can create opportunities for businesses.

  • During the last 25 years Jordanian exports to Canada have increased at an annualized rate of 21.75 percent, from US$885,000...

    During the last 25 years Jordanian exports to Canada have increased at an annualized rate of 21.75 percent

    Jordan and Canada have signed free trade, labor, double taxation, environment and investment agreements

  • Iran's foreign minister warned Saturday on a visit to Damascus that Turkish military action in Syria would destabilize the region,...

    Iran is a major ally of Syrian President Bashar al-Assad and an important trading partner for Turkey

    In recent weeks, Erdogan has said he plans to launch a military offensive against Kurdish fighters in Syria Ankara regards as "terrorists"

  • UAE and KSA are spearheading decarbonization efforts in Middle East by encouraging enterprises to minimize carbon footprint. Here are a...

    Since MENA countries are a significant global green hydrogen supply source, they may help other nations outside the region reach their carbon-neutral targets

    Trading carbon credits could cut the cost of implementing national contributions to combat climate change by more than half – up to US$250 billion by 2030