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 $14.4 billion.
  • The two tranches comprise US$ 1.75bn five-year Trust Certificates with a 4.40% yield and US$ 1.5 billion 10-year Trust Certificates...

    The two tranches comprise US$ 1.75bn five-year Trust Certificates with a 4.40% yield and US$ 1.5 billion 10-year Trust Certificates with a 4.70% yield

    The listings further strengthened Dubai’s position as one of the largest centers for Sukuk listings globally, with a total listed value of US$ 80.9 billion

  • The Central Bank of Egypt said that the net cash reserve balance covers five months of commodity imports

    The Central Bank of Egypt said that the net cash reserve balance covers five months of commodity imports

    Foreign currencies in Egypt’s foreign reserves include the U.S. dollar, euro, Australian dollar, Japanese yen and Chinese yuan

  • Jordan Prime Minister Khasawneh said the healthcare project serves as a launchpad for future investments mentioned in the Jordan Investment...

    Jordan Prime Minister Khasawneh said the healthcare project serves as a launchpad for future investments mentioned in the Jordan Investment Fund Law

    The project will be based on a BOT model, as ownership of the project will be transferred to the Jordanian Government after the end of the investment period

  • Israel's government suffered a defeat at the hands of the opposition Monday which voted down a push to uphold Israeli...

    Two members of the broad coalition voted at first reading against the bill

    Their rebellion, however, does not call into question the continuation of Israeli law in the West Bank

  • Iraq PM's advisor identified two main factors that contributed to stall the approval of the state's final accounts 10 years...

    Two main factors contributed to stall the approval of the state's final accounts 10 years ago

    Government final account is one of the most important financial statements that is prepared annually

  • Adding to the upbeat mood were comments from US commerce chief Gina Raimondo that she was considering lifting tariffs on...

    Traders took heart also from a wind-down of Covid containment measures in China that have crippled its economy for months.

    As infections trended down in major cities, cities like Shanghai and Beijing authorities allowed some sense of normality to return.

  • Amman Chamber of Commerce (ACC) said that the total value of exports during the January-May period 2022 amounted to JD339...

    Number of Amman Chamber of Commerce certificates of origin issued during the past five months of 2022 reached 10,879.

    ACC issued 2, 269 certificates of origin to export goods to Saudi Arabia and 1508 certificates to the UAE.

  • The Qatari Businessmen Association discussed investment cooperation with Mohamed Abdel-Wahab, CEO of Egypt’s General Authority for Investment and Free Zones....

    Chairman of the Qatar Businessmen Association's Board of Directors Sheikh Faisal bin Qassim Al-Thani stressed upon economic cooperation between the two countries.

    He said there are multiple mutual economic opportunities between Qatar and Egypt to develop their cooperation in the trade and investment sectors.

  • The country is among the countries most vulnerable and poorly prepared for climate change, which is forecast to worsen.

    The trend is most evident in Syria's once-fertile northeast where wheat fields are drying to a crisp because of severe drought and low rainfall.

    Before the war, Syria's wheat production was enough to meet local demand. Harvests then plunged to record lows, leading to increased dependence on imports.

  • The region's countries have embarked on ambitious transformative plans to reduce dependence on oil and diversify their economies.

    The region's biggest economy, Saudi Arabia, unveiled its ambitious long-term strategy for the Kingdom, known as ‘Vision 2030’.

    Since the price of oil has been volatile over the past few years, these countries have been exposed to economic disruption.