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.
  • Kais Saied has concentrated all executive power since July 25, when he dismissed his Prime Minister and suspended parliament.

    Tunisian President has dissolved a major independent judicial watchdog saying that the Superior Council of the Judiciary "is a thing of the past"

    Tunisia was the only democracy to emerge from the Arab Spring revolts but civil society groups and Saied's opponents express fear of it in danger

  • The political groups, now mainly based abroad, have seen their influence wane in recent years as Iran and Russia steadfastly...

    Riad Hijab, who defected to the opposition when he was Assad's prime minister in 2012, did not say what mistakes had been made

    However, his entourage said opposition parties had failed to communicate with ordinary Syrians and make themselves relevant to their daily battles

  • Since connecting with neighbors is of utmost importance in Iran’s foreign policy, the current administration has set a transparent framework...

    President Ebrahim Raisi has time and again emphasized the development of mutual ties with neighboring countries, said the official

    The country's Ministry of Foreign Affairs has put on agenda several programs regarding its neighbors nations

  • Compared to Europe and US, cyber insurance is a profitable proposition for GCC firms due to amenable market factors such...

    For the Gulf region, cyber insurance is still a viable and profitable proposition when compared to Europe, Asian and US markets

    There has been an increase in demand from the SME and mid-market client pool as well as financial institutions in the region

  • Iran has confirmed that Russia will invest $83.58 million in Sirik power plant based in southern Iran.

    After discussions, the Russian Ministry of Finance agreed to invest in the 1400-megawatt (MW) gas-powered plant

    Some seven Iranian companies are working in the project, employing 250 manpower directly and indirectly

  • Iraq is keen to benefit from the Egyptian Investment Authority, the Governor of Iraq’s Central Bank Mustafa Ghaleb said on...

    Iraq’s Central Bank Governor Mustafa Ghaleb met Mohamed Abdel Wahab, CEO of the Egyptian General Authority for Investment and Free Zones

    Mustafa Ghaleb praised "the development witnessed by the Arab Republic of Egypt in all sectors, especially the business and investment sector"

  • The consortium partners comprise QatarEnergy, Shell and National Petroleum Corporation of Namibia "NAMCOR".

    The consortium partners comprise QatarEnergy, Shell and National Petroleum Corporation of Namibia "NAMCOR"

    The partners will conduct analysis on the well data and further exploration activity to determine the full size and recoverable resource potential

  • Jordan is looking to reform its old tax system in order to pave way for growth in national economy. In...

    The forum's members stressed the need to enhance tax awareness, raise auditor competency and expand the taxpayer base

    Stressing the importance of propagating tax culture, they called on government to turn tax revenues to services, with an impact "sensed by all"

  • The expert group will conduct an independent review with a view to identifying how the Fund can ensure it has...

    The expert group will conduct an independent review with a view to identifying how the Fund can ensure it has in place effective channels for complaint, dissent and accountability

    "This will include reviewing the framework for addressing complaints applicable to the Managing Director and Executive Board officials," the IMF statement went on.

  • The Saudi Telecom Company (STC) has signed fifteen agreements with major international companies, including Microsoft, Huawei, Ericsson, and Cisco, in...

    The company has already announced an initiative to establish a $1billion main digital center “MEAN Hub” for the Middle East and North Africa

    The company also announced an initiative to establish a factory to localize data centers in the Kingdom, in partnership with Huawei