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.
  • King Mohammad bin Salman bin Abdulaziz recently announced that the kingdom would bid for the expo.

    King Mohammad bin Salman bin Abdulaziz recently announced that the kingdom would bid for the expo

    The other four countries competing to hold the event are South Korea; Italy; Ukraine and Russia

  • The United Nations says about one-third of Iraq's population lives in poverty, despite the country's oil wealth. The effects of...

    Experts have warned that record low rainfall is threatening social and economic disaster in Iraq

    The situation in the war-scarred country is said to have been compounded by climate change

  • The package includes $23.5 billion of contributions from 48 high- and middle-income countries as well as financing raised in the...

    The World Bank said the funds will help countries better prepare for future crises, including pandemics, financial shocks and natural disasters

    The funds will support countries globally, resources are increasingly going to Africa, which will receive about 70 percent of the funding

  • Abu Dhabi Development Holding Company (ADQ) has established a new office in Egypt to build on its commitment to investing...

    The opening of ADQ’s new office complements the $20 billion strategic investment platform launched in 2019 between ADQ and TSFE.

    The platform aims to help advance Egypt’s economic development through joint strategic investment projects, specialized funds and investment tools.

  • Syrian lawmakers have approved a draft budget for 2022 of $5.3 billion, down from $6.8 billion this year, as a...

    A decade of war, Western sanctions and the coronavirus pandemic have devastated the Syrian economy, pushing most of the population into poverty.

    Government spending has been cut by more than 40 percent over the past two years, with cuts threatening a critical social support program.

  • The new partnership between Harvard university’s Growth lab and the UAE’s Ministry of Economy is in line with the government’s...

    The UAE signed agreement with Harvard’s Growth Lab, specialized in theoretical and empirical research on determinants of growth

    The two-year program under the agreement will see academic experts conduct evidence-based economic analyses and research

  • TRENDS broke this news in October. The agreement will regulate the offering, issuance, listing and trading of encrypted assets of...

    TRENDS broke this news in October. The agreement will regulate the offering, issuance, listing and trading of encrypted assets of the firm that is based in Seychelles.

    Dubai is competing with Singapore, Switzerland, and other countries to become a worldwide hub for digital currency by developing a crypto-currency free-trade zone

  • The region’s common economic, defense and security integration and unity and coordinating stances were reviewed at the 42nd GCC Summit.

    They Gulf leaders seek to enhance solidarity and stability among GCC member states

    The Supreme Council will hold its 43rd session under Oman’s presidency

  • The GCC leaders discuss political issues and security challenges that require intensified efforts to enhance regional solidarity.

    The GCC leaders discuss political issues and security challenges that require intensified efforts to enhance regional solidarity

    The 42nd session of the Supreme Council of the GCC countries, chaired by Saudi Arabia, seeks to strengthen the process of cooperation

  • The Omicron coronavirus variant will slow the recovery in global demand for oil but the market will be "more comfortable"...

    The IEA said it had revised downwards its forecast for global oil demand by an average of 100,000 bpd for 2021 and 2022.

    The surge in new Covid-19 cases is expected to temporarily slow, but not upend, the recovery in oil demand.