INSEAD Day 4 - 728x90

EasyLease H1 profit $12.2m

Revenue rises on stronger operations.

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.
  • The decision was based on the findings of the competent health authorities about the epidemiological situation in these countries.

    The decision was based on the findings of the competent health authorities about the epidemiological situation in these countries

    Earlier this month, the kingdom lifted measures intended to prevent the spread of the virus, such as the requirement to wear face masks indoors

  • The global inflation wave -- affecting the US, EU and China and spreading to the Gulf countries -- is forcing...

    The global inflation wave -- affecting the US, EU and China and spreading to the Gulf countries -- is forcing common people to look for alternatives away from the govt actions.

    The unprecedented inflationary hikes is the result of Russia's four-month-long conflict with Ukraine that has hit global supply chains and increased shipping expenses.

  • The Gulf region seems to have a better fiscal positions thanks to high oil prices and the recovery of the...

    The region seems to have a better fiscal positions thanks to high oil prices and the recovery of the economies from the Covid-19 related woes.

    Analysts last year were especially concerned about Bahrain and Oman whose government debt ratios had risen sharply in recent years.

  • Air passengers are expected to hit 83 percent of pre-pandemic levels this year and the aviation industry's return to profit...

    Industry losses are expected to drop to $9.7 billion in 2022, an improvement from $42.1 billion in 2021.

    The aviation industry was sent reeling by the pandemic, with passengers down by 50 percent in 2021.

  • The partnership will enable access to a global hydrogen knowledge database and encourage cooperation with related initiatives and concerned entities.

    Joining the global initiative will support the UAE's long-term policies related to energy and hydrogen

    It will boost the UAE's stature as a leading contributor to the development of international policies related to hydrogen

  • Emirates Development Bank (EDB) will participate in the first "Make it in the Emirates Forum" to be held on 21-22...

    The forum is organized by the Ministry of Industry and Advanced Technology.

    EDB is a key partner in the Ministry’s efforts to empower the industrial sector.

  • The world's second-biggest economy imported around 8.42 million tons of oil from Russia last month.

    The world's second-biggest economy imported around 8.42 million tons of oil from Russia last month

    The number was also a spike from the 5.44 million tons China imported in May 2021

  • Hazmat-suited workers poke plastic swabs down millions of throats in China each day, leaving bins bursting with medical waste that...

    From Beijing to Shanghai, Shenzhen to Tianjin, cities are now home to an archipelago of temporary testing kiosks

    Mass testing appears set to stay as Chinese authorities insist zero-Covid has allowed the world's most populous nation to avoid Covid spread

  • EU foreign policy chief Josep Borrell said Monday that Russia should be held "accountable" if it keeps blocking the export...

    Western countries have demanded Moscow to stop blockading Ukraine's Black Sea ports to allow grain export

    French Foreign Minister insisted that "Russia must stop playing with global hunger" as it seeks leverage on the West

  • The port-centric park will boost Jeddah Islamic Port’s re-export activities and reduce the time and cost of logistics for importers...

    The port-centric park will boost Jeddah Islamic Port’s re-export activities and reduce the time and cost of logistics for importers and exporters

    It will also offer processing, labelling, fulfilment, consolidation, de-consolidation, and temperature-controlled storage for cargo