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 Foreign Direct Investment (FDI) in Jordan amounted to $622 million in 2021, constituting 1.2 percent of the Arab region's...

    UAE was the topmost FDI destination in the Arab world, with $20.7 billion or 39.1 percent of the region's total FDI.

    UAE was followed by Saudi Arabia with $19.3 billion, Egypt with $5.1 billion, Oman with $3.6 billion, and Morocco with $2.2 billion.

  • The Arab League says the world is facing challenges from political, economic crises and armed conflicts and that unified efforts...

    Arab League says unified efforts are needed among countries in the region to confront challenges facing the global economy

    The League says the world is facing a massive challenge from political, economic crises and armed conflicts

  • Jordan's Ministry of Energy signed an MoU with a local company to explore for copper and it also signed another...

    Jordan's energy ministry inked an MoU with a local company to explore for copper in the Dana region of the Kingdom's south

    The ministry signed an MoU with a Turkish company to explore for gold in the Abu Khashiba region, also in the south

  • Sharjah is building on the long-standing historical ties the emirate shares with Costa Rica to bolster and deepen diplomatic and...

    The strong relations between Sharjah and Costa Rica are serving as a base for enhancing economic cooperation

    The two sides can benefit through the mutual exchange of expertise in industries, culture, science, technology and economy

  • The United Nations is launching a crowd-funding campaign for an operation intended to prevent an aging Yemeni oil tanker from...

    An operation to transfer its 1.1 million barrels of oil to a different vessel could begin next month, according to a website for the crowd-funding campaign

    The 45-year-old oil tanker FSO Safer is in "imminent" danger of breaking up as it has not been serviced since Yemen's civil war

  • Turkey's president hailed on Monday the start of the construction of an underwater pipeline to tap a Black Sea natural...

    Sakarya gas field of Turkey could produce 10 million cubic meters by the first quarter of 2023, Erdogan said

    He described it as "the largest natural gas field in Turkey's history", citing estimated reserves of 320 billion cubic meters

  • Economic growth in the MENA region is forecast to accelerate to 5.3% in 2022 before slowing to 3.6% in 2023,...

    Economic growth in the MENA region is forecast to accelerate to 5.3% in 2022 before slowing to 3.6% in 2023, according to the World Bank. Click for the country-wise breakup.

    The global growth, meanwhile, is expected to slump from 5.7% in 2021 to 2.9% in 2022— significantly lower than 4.1% that was anticipated in January, it added.

  • Turkish exports, Erdogan added, have now reached 217 countries and regions around the world.

    Turkish exports, Erdogan added, have now reached 217 countries and regions around the world

    He predicted that Turkey will exceed the export target of USD 250 billion set for the end of this year

  • The United Nations on Monday begged world trade ministers meeting at the WTO not to impose export restrictions on food...

    Countries meeting at the WTO's ministerial conference in Geneva this week are trying to reach a consensus position on food security

    Russia's invasion has heightened concerns for global food security as Ukraine's Black Sea ports are blocked

  • Five Iranian crew of a cargo plane grounded in Argentina since last week have had their passports temporarily seized pending...

    The Revolutionary Guards, Iran's ideological army, is on a US blacklist of foreign "terrorist organizations."

    Iran said Monday Argentina's move was part of a "propaganda" campaign against Tehran amid tensions with Western countries