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.
  • According to the central bank's second-quarter review, the UAE economy is expected to grow 2,1% this year due to pandemic-mitigation...

    According to the central bank's second-quarter review, the UAE economy is expected to grow 2,1% this year due to pandemic-mitigation measures

    In 2022, the economy is predicted to grow by 4.2 percent, higher than the previous forecast of 3.8 percent

  • The report surveyed risk and compliance professionals and business leaders across 47 countries in SSA.

    The report surveyed risk and compliance professionals and business leaders across 47 countries in SSA

    More than 23 percent of the organisations have fallen victim to bribery and corruption over the past five years

  • The lack of progress towards peace and reconciliation and Covid-19 caused an unsustainable economic situation in the Palestinian territories.

    Palestine's economic growth is expected to reach 6 percent by the end of this year

    Poverty rate in Palestine has risen to 59 percent from 43 percent

  • Financial technology, or fintech, automates and improves the delivery of financial services.

    Making technology an essential subject in educational curricula in schools is important to advance fintech in Arab countries

    Arab Bank and the National Bank of Kuwait have the best technologies in fintech and online banking

  • The charter aims to significantly enhance institutional and financial performance by setting frameworks for cooperation and boosting financial and institutional...

    The charter aims to significantly enhance institutional and financial performance by setting frameworks for cooperation and boosting financial and institutional performance

    The charter will strengthen mechanisms for monitoring trends in the development of financial performance by designing a unified scorecard to track a set of indicators and standards

  • This was revealed by the Director-General, Chairman of the Board of Executive Directors of the Roads and Transport Authority (RTA)...

    In contrast, the total investment in the improvement of roads and transport was AED140 billion

    The UAE has been ranked No. 1 in Road Quality Worldwide for 5 years in a row

  • Oman and Iran have discussed ways to promote trade relations between the private sector in the two countries as well...

    The talks were held on the sidelines of the 5th International Conference on Health in Islamic Countries, in Tehran.

    Iran-Oman Virtual Expo launched in late September by the Iran-Oman Joint Chamber of Commerce 'has been well received'.

  • Real estate transactions worth AED5.7 billion ($1.55 billion) were recorded in Sharjah during the third quarter of 2021, an increase...

    A total of 1,662 sales transactions were recorded during Q3 2021, showing an increase of 52.5 percent compared to the same period last year.

    About 76 percent (1,262) of the sales transactions were made in the residential sector, followed by industrial sector (206), commercial (152) and agricultural (42).

  • Etihad Rail has completed the construction of a rail bridge connecting Khalifa Port with the UAE National Rail Network. The...

    The bridge will play an important role in improving the transportation of goods in the region.

    Etihad Rail recently completed construction works for Package A of Stage Two, which extends over 139 km.

  • Countries with poor economies will face severe consequences of climate change caused by the rich nations.

    According to the study, 65 most vulnerable nations will see GDP drop 20 percent on average by 2050

    Eight of the top 10 most affected countries are in Africa, while two others are in South America