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 Electricity and Water Authority (DEWA) has completed the construction of the first stage of the Aquifer Storage and Recovery...

    The full scale of the ASR project can store up to 6,000 million imperial gallons of water once completed by 2025 as a strategic reserve.

    The production capacity of desalinated water of DEWA is currently 490 MIGD, including 63MIGD using Sea Water Reverse Osmosis (SWRO) technology.

  • Jordan has seen several factors affect its economy, such as the conditions brought on by the Covid-19 and the Syrian...

    The US Congress has approved a new aid package for Jordan for 2022, estimated at $1.65 billion

    The aid is expected to support Jordan’s development and reform programs during 2022

  • The meeting was attended by the Minister of Communications and Information Technology Abdullah Al-Sawaha, as well as the heads of...

    During the meeting, the governor was reportedly briefed on the work carried out by the Ministry of Communications to contribute to the transformation

    Chief of these is the development of digital infrastructure, as the number of 5G towers reached around 4,000, and the average speed reached 155 Mbps

  • "When are we going to talk about it?" read a sign at demonstration in France where thousands came out to...

    Around 80,000 protesters took to the street of France to call for more attention to the climate crisis

    During the election campaign in France, climate crisis took up only 1.5 percent of talking points in media coverage

  • The key trading link is setting new records, said the government, quoting the Suez Canal Authority.

    About 10 percent of global trade, including 7 percent of the world’s oil, flows through the Suez Canal

    First opened in 1869, the canal is a source of national pride and foreign currency to Egypt

  • Tunisia, Morocco, and Libya, along with several other Arab countries, import much of their wheat from Ukraine and Russia.

    Tunisia imports almost half of the wheat used to make bread from Ukraine, and authorities say it has enough supplies to last three months

    Oil-rich Libya gets about 75 percent of its wheat from Russia and Ukraine, and Morocco too relies heavily on the same source for supplies

  • Saudi Arabia, the world's second-largest oil producer that produced more than 10 million barrels of crude per day before the...

    Saudi Arabia, the world's second-largest oil producer, plans to produce 13.5 million barrels by 2027, as well as 23 billion cubic feet of gas by 2030

    Despite its national policy to diversify the economy and lessen reliance on fuel, the Kingdom continues to increase its oil and natural gas production

  • The US Federal Reserve chair has said every $10 hike in oil prices would impact growth by 0.1 percentage points...

    S&P has cut its projection for global growth this year to 3.4 percent, a decline of 0.7 percentage points over its earlier forecast

    Nations launched huge stimulus program to prevent their economies from crumbling after the pandemic emerged in 2020

  • “Europe and also Africa will be very deeply destabilised as regards food because of what can’t be planted right now...

    “Europe and also Africa will be very deeply destabilised as regards food because of what can’t be planted right now in Ukraine,“ Macron told reporters

    The French leader added that still more economic punishment would be piled on Russia if it continues its invasion of its neighbour

  • The UAE-Bangladesh Business Forum discussed ways to enhance cooperation between the two countries in the field of trade and investment,...

    An MoU was signed between the two to establish a joint UAE-Bangladesh Business Council.

    The UAE-Bangladesh Business Forum was held at DP World Pavilion at Expo 2020 today in the presence of ministers.