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 government’s action prioritizes the completion of the regional electricity linkages with Egypt, Palestine, Iraq, and Lebanon.

    The government’s action prioritizes the completion of the regional electricity linkages with Egypt, Palestine, Iraq, and Lebanon

    The budget seeks to increase the coverage of domestic revenues for current expenditures this year to about 88 percent

  • The rise was said to have been supported by growing demand and expanded efforts to enhance food security and diversify...

    Imports, at $12.8 billion, accounted for the largest share of the UAE’s F&B trade during January-September 2021

    This was followed by exports at $4.1 billion and re-exports at $3.3 billion over the same period last year

  • In economically free societies, governments allow labor, capital, and goods to move freely.

    Economic freedom may be described as the fundamental right of every human’ to control their own labor and property

    In an economically free society, individuals are said to be free to work, produce, consume, and invest in any way they please

  • Dubai Electricity and Water Authority (DEWA) has said the production capacity of Hassyan Power Complex reached 1,200 megawatts (MW), using...

    A further 600 MW will be added in Q4 of 2022, and an additional 600 MW will be added by Q3 of 2023.

    This will raise the capacity of Hassyan Power Complex, which has been converted recently to run only on natural gas instead of clean coal, to 2,400MW.

  • One in every 40 Jordanians is an engineer, making Jordan the country with the most engineers per capita globally.

    One in every 40 Jordanians is an engineer, making Jordan the country with the most engineers per capita globally

    Ahmad Zu'bi, who is the President of the Jordan Engineers Association, said Saudi Arabia and its companies in various engineering fields appreciate Jordanian engineers

  • The pandemic, digitalization, change in employee priorities and new government policies in the region have influenced the most in-demand jobs,...

    About 78 percent of professionals in the UAE are considering changing their jobs this year

    About 48% expected an improved salary, while 45% hoped that opportunity to learn new skills will help them in switching jobs

  • Bangladesh wants to establish a direct shipping line with the UAE, which will reduce the existing navigation time by two...

    Foreign Minister of Bangladesh AK Abdul Momen, on a four-day official visit to the UAE, said Bangladesh is keen to utilize the UAE’s expertise in port management.

    The bilateral trade between two countries in 2021 stood at $1.8 billion, Momen said, adding that a direct shipping line would help multiply it several times.

  • Bahrain and Egypt share solid long-standing brotherly relations, and there is steady progress in it due to their deep partnership...

    The two sides discussed ways to enhance parliamentary relations between the two countries, in addition to the mechanisms to develop joint action.

    They also exchanged points of view on regional and global issues of mutual interest affirming the importance of cooperation between the two.

  • UAE government's World's Coolest Winter campaign, which was launched in December 2021, has raised revenues of hotel establishments to AED1.5...

    The campaign promoted tourism, natural sites and entertaining destinations and experiences across the seven emirates of the UAE.

    The campaign also raised the number of domestic tourists from 950,000 to 1.3 million, an increase of 36 percent over the first edition of the campaign.

  • Norway's Minister has called on other donors as well to increase their funding for UNRWA.

    Norway has vowed to provide NOK 1.1 billion ($124 million) over a period of four years to UNRWA

    It is expected to help the organization protect children and boost initiatives to combat sexual and gender-based violence