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 Iraq, "maku" means "nothing", and father-of-five Issa al-Zamzoum says "maku" a lot: no electricity, no home, no rebuilding and...

    According to Human Rights Watch, after the siege "pro-government militias and volunteer fighters as well as Iraqi security forces raided Sunni villages and neighbourhoods"

    HRW used satellite imagery to map "heavy smoke plumes of building fires, likely from arson attacks" in the village

  • Personal remittances of expatriates in Saudi Arabia jumped 5 percent year-on-year (YoY) to SR14.7 billion ($3.91 billion) in March. Saudi...

    Saudi Arabia was the third largest source of remittances globally in 2020, just behind the UAE and the US, according to the World Bank.

    The US was the biggest source country, sending $68 billion abroad last year, while foreign workers in the UAE sent home $43 billion.

  • FIFA President Gianni Infantino said migrant workers take pride from hard work when he was asked about the conditions of...

    "Let's not forget one thing, when we speak about this topic, which is work, even hard work, tough work," Infantino said

    "When it comes to the building of World Cup stadiums -- we are investigating all these matters with external entities -- it is actually three persons who died," he added

  • This puts the UAE on the top of crude oil providers and at crucial importance for the Japanese energy needs.

    This puts the UAE on the top of crude oil providers and at crucial importance for the Japanese energy needs

    Japan's total oil imports in March amounted to 89.15 million barrels, compared to 78.51 million barrels in February

  • Saudi Arabia's real estate sector continues to show promising signs, with increasing tourist numbers, consumers returning to retail stores, and...

    Q1 2022 saw an increase in the number of units built in Saudi Arabia's residential sector

    In Q1 2022, Saudi Arabia's house price index rose by 0.4 percent compared to Q1 2021

  • Eurozone, ECB, federal reserve,intereset rate

    The unemployment rate in the eurozone reached its lowest level ever recorded in March, the EU's official statistics agency said...

    Eurostat said 6.8 percent of the workforce were without a job, down 0.1 percentage point from February.

    Since December 2021, unemployment in the 19-member eurozone has been at the lowest levels since Eurostat began compiling the data in April 1998.

  • A Russian carmaker has asked Iran to supply it with key components it cannot access due to Western sanctions imposed...

    Some Iranian car components, including engine cooling and suspension systems, have already been exported to Russia in recent years.

    Iran has also suffered under stringent economic sanctions, reimposed by the United States in 2018 after Washington unilaterally pulled out of a deal with world powers.

  • The two countries are said to have discussed ways to ‘overcome’ the effects of US sanctions against both nations.

    Javad Owji's visit to Venezuela came just weeks after a visit by US officials in the midst of rising global oil prices

    In March, a US delegation held a meeting with Maduro, whose very legitimacy as president Washington disputes

  • Nigeria and Morocco are still securing funding for a huge pipeline project that aims to carry Nigeria's gas to North...

    OPEC member Nigeria has huge gas resources - the largest proven reserves in Africa and the seventh largest globally

    Fellow OPEC member Algeria, Africa's largest gas exporter, said recently it was ready to supply Europe with more gas

  • Lebanese deputy prime minister Saadeh Al-Shami has said that during his meetings last week with World Bank and IMF officials,...

    Saadeh Al-Shami held meetings with IMF, World Bank and European Union officials last week.

    IMF director Kristalina Georgieva showed great interest in the Lebanese situation and her willingness to help Lebanon out of its severe crisis during her meeting with Al-Shami.