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.
  • Dubai Future Foundation said Monday that the jury has finished evaluating the projects that qualified for the final stage of...

    The participants presented their innovative ideas based on programming techniques and applications, and compete for prizes totaling $1.35 million.

    A total of 20 projects made it to the final stage of the challenge, the best of which will receive the $1 million grand prize.

  • The Indian rupee plunged to an all-time low against the greenback on Monday, as US monetary policy tightening roiled sentiment...

    The fall came as Indian stocks on the benchmark Sensex and Nifty50 indices extended losses for a fourth day

    Foreign investors have withdrawn a net 1.34 trillion rupees ($17.3 billion) from Indian equities so far this year, stock exchange data showed.

  • At least 44 migrants drowned on Sunday when their boat capsized off the coast of the Western Sahara, migrant aid...

    There was no immediate confirmation from authorities in Morocco, which sees the disputed Western Sahara as an integral part of the North African kingdom

    Spanish interior ministry says that 40,000 migrants arrived in the country by sea in 2021 and 4,404 migrants died or went missing in attempt to reach Spain

  • Millions of people in Beijing stayed home on Monday as China's capital tries to fend off a Covid-19 outbreak with...

    Lockdown in Shanghai has also intensified, causing outrage and rare protest in the last major economy still glued to a zero-Covid policy

    The policy has winded an economy which just months ago had shown China was bouncing back fast from the pandemic

  • "Lockdowns in large cities like Shanghai and rising input costs are major reasons" behind the underwhelming trade figures, analyst Zhaopeng...

    "Lockdowns in large cities like Shanghai and rising input costs are major reasons" behind the underwhelming trade figures, analyst Zhaopeng Xing of ANZ Research said.

    Import growth was flat in April, an improvement from a 0.1 percent contraction in March, as Chinese consumers remain hesitant under a welter of restrictions across the country

  • Russia will celebrate its 1945 victory over Nazi Germany Monday with a show of military might as its army battles...

    President Vladimir Putin is set to flaunt Russia's power in celebration of Victory Day, as he seeks to justify a war that has gone on far longer than expected

    But as huge missiles are towed through Moscow's Red Square , Ukraine will be desperately battling to stop a hoped-for military breakthrough

  • Earlier this year, the UAE rose to the top of Bloomberg’s Covid Resilience Ranking, outperforming European countries in terms of...

    For one, smart-technology platforms were effectively used in the UAE to combat Covid-19

    The UAE also adopted the mandatory use of face masks in March 2020, well ahead of the WHO recommendation

  • Millions of Filipinos thronged primary schools and other polling stations Monday to elect a new president, with the son of...

    Ten candidates are vying to succeed President Rodrigo Duterte in elections seen by many as a make-or-break moment for the Philippines' fragile democracy

    But only Marcos Jr and his rival Leni Robredo, the incumbent vice president, have a credible chance of winning

  • The emirate attracted 418 greenfield FDI projects, Crown Prince of Dubai Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum said....

    Both FDI projects and FDI job creation witnessed a significant increase of 36 per cent in 2021, with an estimated 24,868 jobs in 2021, compared to 18,325 jobs in 2020.

    The United Kingdom was the biggest source of FDI, accounting for 27 percent of total share of the FDI capital, followed by the US, France and Germany.

  • Medium- and low-income Jordanian families spend 45 per cent of their income on food, and are the most impacted group...

    Amman Chamber of Trade President Khalil Haj Tawfiq said this, noting that food sector sales picked up after falling in the first four days of Ramadan

    Staple food items remained in sufficient supply during Ramadan, adding that 85 per cent of the Kingdom's food needs are imported from abroad