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 Ministry of Energy and Mineral Resources and the United States Agency for International Development (USAID) in Jordan have launched...

    The project seeks to achieve financial sustainability of Jordan's electricity sector, strengthen the sector's regulatory frameworks and improve its services in oil and gas markets.

    The project valued at $40 million will be implemented over a five-year period, citing a statement from the Energy Ministry.

  • The Lebanese pound has lost more than 90 percent of its value on the black market, more than 80 percent...

    Imported red meat price has been increased five times in Lebanon which is more than the monthly minimum wage of 675,000 Lebanese pounds ($33)

    Increasing transport costs has forced Lebanon to import 40 containers of frozen meat which used to import more than 70 containers every month

  • According to a professor at Ghent Institute, the pandemic did not bring radical changes in terms of reshoring but the...

    The Ukraine crisis has highlighted Europe's and especially Germany's heavy dependence on gas supplies from Russia

    The US warned China that if it provided material support to Russia against Ukraine, it would would face 'consequences'

  • Central Elections Commission chief Hanna Nasser said a number of candidates had been arrested for political reasons.

    Saturday's second round of vote in West Bank was held in 50 towns; the first round in December covered 154 villages

    Because of the constant delay, Presidential elections have not been held for 15 years in Palestine

  • The move comes two weeks after the country lifted all Covid-19-related entry restrictions.

    Citizens of any country can now receive a 12-month tourism visa on arrival in Saudi Arabia without needing to apply in advance

    However, they will have to hold one of the three visas, and travel on one of the country’s national carriers: Saudia, Flynas, or Flyadeal

  • For the second time since the global financial crisis, the Middle East has surpassed Europe in terms of IPOs as...

    The proceeds of IPOs from Riyadh to Abu Dhabi have totaled $4.8 billion since the beginning of 2022

    Saudi Arabia has the busiest stock market in the Middle East in terms of IPO activity

  • S&P has revised its outlook for Saudi Arabia from a stable to positive in the light of the recovery of...

    The positive outlook reflects the improved GDP growth and public finances in the medium term, linked to the Kingdom’s recovery from the COVID-19 pandemic impact

    The agency also expected that the Kingdom, in the medium term, will continue its policy to drive growth in the non-oil sectors through planned economic diversification

  • European stocks, which had been firmly higher earlier in the session, ended the day with only modest gains

    European stocks, which had been firmly higher earlier in the session, ended the day with only modest gains

    Bitcoin rose above $45,000 as Moscow is expected to accept cryptocurrency in exchange for Russian gas

  • More than ever before, wealthy expatriates in the UAE as well as the world are pursuing citizenship options elsewhere.

    Citizenship investments have become popular among foreign expatriates living in the UAE

    Having a Plan B is one of the benefits of getting a second citizenship, especially in uncertain times

  • Etihad Credit Insurance (ECI), the UAE Federal export credit company, signed a Memorandum of Understanding (MoU) with its Dutch counterpart...

    Etihad Credit Insurance and its Dutch counterpart Atradius DSB to bolster collaboration through joint strategic projects.

    The partnership also seeks to facilitate stronger halal trade through ECI’s Sharia-compliant finance solutions.