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.
  • Survey analyses the impact of COVID-19 on small businesses, the key verticals of growth and the growing acceptance of digital...

    Survey analyses the impact of COVID-19 on small businesses, the key verticals of growth and the growing acceptance of digital payments

    With adoption of digitalization, 41 percent of the respondents have seen increased purchases through social media channels

  • Save the children data showed that 18,000 Iraqi children and 7,300 minors from 60 other countries are stuck in Syrian...

    Save the children data showed that 18,000 Iraqi children and 7,300 minors from 60 other countries are stuck in Syrian camps

    United Nations data shows that around 56,000 people live in al-Hol, an overcrowded camp plagued by murders and escape attempts

  • Vietnam has signed economic, trade and scientific-technological cooperation agreements with five GCC countries.

    Vietnam has mostly traded with six member nations of the Gulf Cooperation Council in the Middle East region.

    Trade between Vietnam and the GCC countries has surged from US$2.7 billion in 2012 to US$12.5 billion in 2021.

  • Six currencies account for 90 percent of transactions in the Arab world, said Dr. Abdulrahman bin Abdullah Al Hamidy, Director-General...

    The currencies are the Emirati Dirham, the Saudi Riyal, the Egyptian Pound, the Jordanian Dinar, the US Dollar and the Euro.

    Buna Payment Platform is the first regional cross-border and multi-currency payment system that supports Arab transactions in investment: AMF

  • The project is a joint endeavor between the Saudi-based Aramco Gulf Operations Company and Kuwait Gulf Oil Company.

    The project is a joint endeavor between the Saudi-based Aramco Gulf Operations Company and Kuwait Gulf Oil Company

    The gas output will be divided evenly between the Gulf Arab neighbors, at a time where soaring consumption has led to growing demand for energy in the two countries

  • It will be possible to see the crescent with a telescope, but not the naked eye, from parts of the...

    Seeing the crescent on Friday, April 1, is not possible with the naked eye from anywhere in the Islamic world

    It can be viewed only through a telescope, but with great difficulty, from parts of Africa and the Americas

  • For a 50/50 chance of limiting the rise in global temperatures to 1.5C, 19 countries in which per capita GDP...

    The overarching objective, enshrined in the 2015 Paris Agreement, is to cap global warming ‘well below’ 2C, and 1.5C if possible

    A torrent of research since 2015 has confirmed that the lower aspirational target is by far a safer threshold

  • Saudi Arabia Railways "SAR" has opened online booking of tickets for train services via the North Train to and from...

    The services starts on March 31, 2022, with a long-distance journey of 1,215 km by passenger train between Riyadh and Al-Qurayyat.

    Saudi Arab Railway stated that such a step comes in conjunction with the inauguration of the Al-Qurayyat passenger train station on March 30, 2022.

  • An embargo on Russian oil imports, pushed for by some European countries over Moscow's military action in Ukraine, would have...

    Some EU countries including Baltic states have called for an embargo on Russian oil and gas

    EU foreign ministers on Monday are meeting to discuss the situation in Ukraine

  • Hala Al-Saeed, Egypt’s minister of planning and economic development, discussed ways to enhance future cooperation between Egypt and Saudi Arabia...

    A discussion was held between Egypt's minister of planning and Saudi Arabia's minister of trade.

    The minister of Egypt stressed her keenness to consolidate relations between the Egyptian and Saudi business communities.