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.
  • Waste management and environment company Bee’ah Tandeef has launched a service that allows people to recycle used cooking oil so...

    Bee’ah Tandeef will turn the waste cooking oil into biodiesel that will be used to run its fleet of waste collection trucks.

    The collection machine also dispenses a new empty bottle whenever a bottle is deposited.

  • Oman's capital Muscat will be the Arab Digital Capital for 2022, the Council of Arab Ministers for Communications and Information...

    Oman had made cyber-security, digital innovation and digital capabilities development focus of its candidacy.

    Oman's communications minister said that the decision reflects the confidence of Arab countries in the digital and legal capabilities of Oman.

  • Each year, UK charity Christian Aid calculates the cost of weather incidents like flooding, fires, and heat waves according to...

    Christian Aid said the upward trend reflects the effects of man-made climate change

    It added that the 10 disasters in question also killed at least 1,075 people and displaced 1.3 million

  • As ecommerce expands, companies are becoming more aware of the region's shifting consumer behavior and needs, say experts.

    Retailers in the region are becoming more aware of the necessity to create ‘brand.com’ sites

    AR and AI will become more commonly used to improve the consumer experience

  • To avoid giving the Taliban access to Afghanistan's reserves, Washington froze an estimated $10 billion held by the central bank...

    Ordinarily, the reserves could be dipped into to pay overdue government bills and development projects, but the freeze has trickled down to the rest of the economy.

    The United Nations Security Council on Wednesday unanimously adopted a US resolution to help humanitarian aid reach desperate Afghans.

  • Spain and UAE have reviewed Dubai Electricity and Water Authority's achievements besides key projects and cooperation in the clean and...

    The two sides also discussed initiatives and programs that consolidate the transition towards a green economy.

    DEWA CEO Saeed Mohammed Al Tayer held a meeting with Iñigo de Palacio, Spain’s Ambassador to the UAE.

  • Saudi Arabia’s overall merchandise exports increased by 90 percent in October 2021 compared to October 2020, when international trade was...

    The value of exports amounted to SAR106.2 billion ($28.2 billion) in October 2021, up from SAR55.9 billion in October 2020.

    The share of oil exports in total exports increased from 66.1 percent in October 2020 to 77.6 percent in October 2021.

  • With the worst of the repercussions of Covid-19 expected to be in the rearview mirror, there are some specific sectors...

    Saudi Arabia has since 2016 started a wide-ranging program to diversify its economy to end its dependence on oil

    For example, it has seen investment to the tune of $1 trillion in the infrastructure and real-estate front alone

  • The International Energy Agency warned in May that an immediate halt to new investment in fossil projects is needed if...

    Fossil fuels, represent 80 percent of energy consumed, and were explicitly blamed for driving climate change at COP26

    This was not the case when the Paris climate pact was reached in 2015

  • Those wishing to request assistance from the fund can visit its website, and view, fill, and upload the required documents.

    The aid included both periodic and lump-sum amount, and disbursed by the fund's management to the eligible families

    Zakat performers can pay their zakat via the Zakat Fund website , offices, and collection points