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 value of the Egyptian pound shed 13 percent against the US dollar on Monday, registering 17.80 pounds against the...

    The pound's value went from 15.70 to the dollar on Sunday to 17.80 at midday on Monday, according to rates on state-owned banks

    The currency in Egypt saw a sharp devaluation in 2016 when it lost nearly half its value against the dollar overnight

  • Four of the six GCC members feature within the top 50 of the World Happiness Report, and are atop the...

    The World Happiness Report is a publication of the United Nation’s Sustainable Development Solutions Network

    It extensively uses data from the Gallup World Poll, and used data from polls for 2019, 2020, and 2021 for this year’s report

  • Licensed companies and small and medium enterprises (SMEs) accounted for 51 per cent of Ajman Free Zone’s total procurement of...

    Ajman Free Zone covered 27 per cent of the total purchases and contracts of SMEs alone during the same year.

    The Free Zone's procurement policy benefits investors and business owners from more than 165 countries, said Sheikh Ahmed bin Humaid Al Nuaimi, Chairman of AFZ Board.

  • ChequeScore is an app released by the UAE government-owned Al Etihad Credit Bureau, and can predict the possibility of a...

    The UAE issued 21 million cheques in 2021, with an average value of $13,900

    Despite the recent decriminalization of cheque bounces, UAE businesses must still consider the risks connected with them

  • Khamenei said the toughest problems encountered last year were due to "rising prices and inflation".

    Khamenei said the toughest problems encountered last year were due to "rising prices and inflation."

    Iran's economy has suffered under stringent sanctions that were reimposed by the US in 2018

  • Top crude exporter Saudi Arabia announced a "temporary reduction" in oil output at a facility run by energy giant Aramco...

    The Iran-backed Houthis, against whom Saudi Arabia leads a military coalition in Yemen, have repeatedly targeted the kingdom, including Aramco's sites

    The latest round of attacks comes after an oil refinery in the Saudi capital Riyadh was targeted on March 10 by a drone, an operation claimed by the Huthis

  • The Ajman Business Women's Council and Umm Al-Moumineen Women's Association in Ajman will now work together to empower women. The...

    Ajman Business Women's Council and Umm Al-Moumineen Women's Association signed an MoU to work for women empowerment.

    The focus of both the organizations will be on increasing women's contribution to the process of sustainable economic development.

  • The Saudi Ports Authority (Mawani) on Sunday launched the Smart Ports initiative in a bid to enable Saudi ports apply...

    The program is aimed at enabling Saudi ports to utilize 5G, AI and other technologies besides boosting their competitiveness..

    Ports account for more than 90 percent of the Saudi export movement, according to President of Saudi Ports Authority, Omar bin Talal Hariri.

  • In the middle of a bazaar in western Afghanistan, Arezo Akrimi takes out her smartphone and, after a few taps...

    Afghanistan's economy has virtually collapsed and the country is in the grip of a crisis caused by the seizure of billions of dollars of assets held abroad.

    But digital currencies and their decentralized architecture, impervious to international sanctions, are allowing a handful of young Afghans to avoid the worst of the crisis.

  • Kuwait’s Ministry of Education has said it will hire 1,000 non-Kuwaiti male and female teachers to fill the shortage in...

    An applicant must be a University graduate qualified to work in general education schools in 11 different specializations.

    The majors required of males are English, French, mathematics, science, chemistry, physics, biology, geology and philosophy.