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.
  • A number of US companies are willing to invest in basic infrastructure and logistics to support Tunisia's efforts in this...

    Tunisian Transport Minister Rabii Majidi expressed the will to further strengthen cooperation with the United States.

    Both parties exchanged views on the draft bilateral agreement in the field of air transport. The US ambassador urged stepping up talks to materialize this agreement.

  • The new law, issued by the ruler of Abu Dhabi, President Sheikh Khalifa bin Zayed Al Nahyan, aims to further...

    The new family business ownership governance law empowers owners of family business to: prevent selling of shares or dividends to individuals or companies outside the family

    The current law is not applicable to family-owned businesses where non-family members own more than 40 per cent of shares

  • The additional revenues of $143 million were achieved from selling quantities of shipments of exported crude oil at a price...

    The additional revenues of $143 million were achieved from selling quantities of shipments of exported crude oil at a price premium

    The exported quantities were loaded by 29 international companies from ports of Basra, Khor al-Amiyah, mono-buoys on the Gulf, and the Turkish port of Ceyhan

  • The 500 megawatt utility, which cost RO 155 million, figures among Oman Vision 2040 major projects aimed at protecting natural...

    The 500 megawatt utility, which cost RO 155 million, figures among Oman Vision 2040 major projects aimed at protecting natural resources

    The project has been established on an area of 13 million square metres of which 1.5 million was accorded to the double-sided solar panel

  • Revenues are projected at $62.2 billion, up 72.2 percent from the current fiscal year's estimates.

    Revenues are projected at $62.2 billion, up 72.2 percent from the current fiscal year's estimates

    A new Kuwaiti government was sworn in on December 29, the oil-rich Gulf emirate's fourth in two years

  • Lebanese officials began much-delayed talks with the International Monetary Fund Monday on support measures aimed at lifting the country out...

    Lebanon is hoping to obtain a financial rescue package to rekindle an economy that has been in free fall for two years

    The previous government held several rounds of talks with the multilateral lender, but was unable to secure a bailout

  • School closures due to the Covid-19 pandemic have caused "nearly insurmountable" losses in education among children around the world, UNICEF...

    More than 616 million students are still being affected by full or partial school closures, the UN children's agency said

    UNICEF reported that learning losses to school closures have left up to 70 percent of 10-year-olds unable to read or understand a simple text

  • The Gulf region stays strong both regionally and globally in terms of the number of internet users and the populations...

    The United Arab Emirates came out on top with 5.43 points in the GCC ICT Use Index for 2021, followed by Kuwait and Saudi Arabia.

    Saudi Arabia's ICT spending is set to reach $30.9 bn, and public sector spending will reach approximately $3 bn by the end of 2022.

  • Saudi Arabia's finance minister, Mohammed bin Abdullah Al-Jadaan, has stressed the need for the promotion of the joint Gulf action,...

    During the meeting, the ministers reviewed the progress made on issues related to strengthening the financial and economic cooperation among the GCC states

    The meeting was chaired by the Minister of Finance, Chairman of the current session, Mohammed bin Abdullah Al-Jadaan

  • With rise in trade transactions, the Iranian economic activity also grew notably

    National Security and Foreign Policy Commission members stress that optimum economic management was important for a better future.

    Spokesman of the Commisison Abbaszadeh-Meshkini said that the economic policies should be arranged in a way to make sure that the low-income people will not be harmed.