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.
  • In many industries, working from home is the way of the future and a better working and mental lifestyle, Quartz...

    People tense or stressed at work are more than three times likely to plan to look for a new job

    In contrast, employees who feel supported are more likely to stay, lowering turnover costs

  • The United Nations warned Monday that it would cost $20 billion to clean up an oil spill in the event...

    The 45-year-old FSO Safer, long used as a floating oil storage platform with 1.1m barrels of crude on board, has been moored off the rebel-held Yemeni port of Hodeida since 2015

    The UN official had earlier announced on Twitter that the Netherlands would host on Wednesday a pledging conference for the international body's plan to avert the crisis

  • Bitcoin slumped below $30,000 for the first time since July 2021 on Tuesday as cryptocurrencies track sinking markets with investors...

    Bitcoin's value has more than halved since a November surge that saw the token hit a record of nearly $69,000

    Traditional investors have been offloading bitcoin and other digital tokens along with other volatile assets like tech stocks

  • NAFIS, the federal program aims to increase the competitiveness of the Emirati workforce and to facilitate the private sector.

    NAFIS, the federal program aims to increase the competitiveness of the Emirati workforce and to facilitate the private sector

    The incentives include reducing the service fees of the private sector establishments which recruit and train Emirati citizens by 80 percent

  • The growth rate of Arab economies is expected to increase to around five percent in 2022 on the back of...

    The GCC countries' growth rate is expected to hit 5.8 percent in 2022, up from 3.1 percent in 2021

    In 2023, the Arab countries as a group are predicted to develop at a rate of around four percent

  • Saudi Arabia on Monday pitched aviation industry leaders on its plans to become a global travel hub, drawing scepticism from...

    The kingdom's aviation goals, part of "Vision 2030" reforms, include more than tripling annual traffic to 330 million passengers by the end of the decade.

    It also wants to draw $100 bn in investments to the sector by 2030, establish a new national flag carrier and construct a new "mega airport" in Riyadh.

  • The Chairman of Dubai World Sheikh Ahmed bin Saeed Al Maktoum, inaugurated the 29th edition of the Middle East’s largest...

    ATM 2022 is part of Arabian Travel Week, a 10-day festival of travel and tourism events taking place in Dubai

    It provides a vital platform for tourism and travel industry leaders in the Middle East

  • After the Fed Reserve raised interest rates to rein in the 40-year-high inflation, GCC members followed the suit as most...

    Qatar had the highest rate of inflation in the Gulf Cooperation Council region.

    At 2 percent, the region's largest economy, Saudi Arabia, had the lowest inflation rate.

  • Dubai has announced the establishment of a Debt Management Office that would be responsible for government's financing requirements, managing the...

    Dubai Crown Prince Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum appointed Rashid Ali bin Obood Al-Falasi as the Chief Executive Officer of the DMO.

    It will also be responsible for managing the sovereign debt portfolio and setting strategic objectives and policies.

  • World stock markets mostly sank Monday on stubborn fears over the impact of rising US interest rates, surging inflation and...

    Frankfurt, London and Paris each shed more than one percent nearing the half-way stage after Tokyo closed down 2.5 percent

    Oil prices lost two percent on demand worries and the haven dollar rose, while bitcoin plunged to a 2022 low below $34,000