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 two countries are seeking to establish a regional complex for the extraction, use, and storage of carbon.

    The two sides agreed to enhance cooperation on international climate policies

    They will also look to focus on emissions rather than sources through the application of the Circular Carbon Economy approach

  • Some observers predict the Lebanese pound could drop to a rate of 40,000 against the dollar or worse in the...

    Depositors will now be allowed to withdraw limited amounts of their dollar deposits in Lebanese pounds at double the previous rate

    Black market value of the pound has started slipping back towards last month's record of 25,700 to the dollar

  • During the tour, Gates was briefed on the ‘Ideabatic’, a low-cost innovation developed by Kitty Liao of the UK.

    During the tour, Gates was briefed on the ‘Ideabatic’, a low-cost innovation developed by Kitty Liao of the UK

    Gates urged the world to speed up the implementation of its commitments to the Sustainable Development Goals 2030

  • UAE is the first country in the world to offer a national work week that is shorter than the five-day...

    Government entities will have 7:30am-3:30pm workdays from Monday to Thursday, while working hours in the private sector may last till after 5pm.

    The new system will allow federal authorities to use flexible working hours and the remote work system on Fridays.

  • Female representation on boards and at higher levels across the Gulf is trailing behind much of the rest of the...

    Research from McKinsey & Company shows that organizations with greater diversity among their executive teams enjoyed both greater profits and longer-term value.

    McKinsey’s research also found that companies with low rates of both gender and racial diversity are 29 percent more likely to make less money.

  • The UAE is Australia’s largest trading partner and the second-largest source of investment in the Middle East, said Justin McGowan,...

    Annual trade between the two countries is valued approximately at AU$9.8 billion ($7.1 billion).

    More than 250 Australian companies are based in the UAE, said Justin McGowan, Commissioner General of Australia at Expo 2020 Dubai.

  • Qatar and Turkey have announced they agreed to extend a currency swap deal between their central banks, as Ankara’s lira...

    The swap deal came during Turkish President Recep Tayyip Erdogan’s visit to Doha.

    The agreement in 2018 was extended for the first time in May 2020, with the overall limit increased from $5 bn equivalent of Turkish lira and Qatari riyal to $15 bn.

  • Dubai's carbon emissions have fallen by 22 percent in 2019, reflecting the efforts made by its strategic partners to support...

    Dubai Supreme Council of Energy discusses a resolution to achieve carbon neutrality by 2050.

    The meeting also discussed the implementation of a resolution to regulate district cooling services in Dubai.

  • The UAE has introduced three new economic laws, with the government saying these laws underwent the largest legislative amendments of...

    The laws are the Commercial Companies Law, Commercial Registry Law and the Trademarks Law.

    Commercial Companies Law abolishes the maximum and minimum percentage of the founders’ contribution to the company’s capital at the time of the public offering

  • A minister said the rise in budget was due to the ‘temporary increase’ in expenses related to the World Cup.

    The emirate's planned expenses for 2022 rose by 4.9 percent from last year to QAR204.3 billion ($55.7 billion)

    Qatar conservatively projects total revenue of QAR196 billion, based on an average oil price of $55 a barrel