INSEAD Day 4 - 728x90

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.

DIB H1 net profit $1bn

Gross revenue increased 10% year on year
  • The Abu Dhabi National Exhibitions Company (ADNEC) has announced plans to expand its facilities and infrastructure in Abu Dhabi and...

    Building the largest exhibition hall in the Middle East and North Africa region is part of the expansion plans.

    The company said the expansion plans boost its competitiveness and ability to attract and hold major international events.

  • The UAE will explore investment opportunities in the space economy and space tourism services besides other related ventures with Blue...

    The two sides also discussed expanding the scope of R&D in space to develop emerging space technology in the UAE.

    Space sector provides more than 3,200 jobs, and over 57 space firms are currently operating in the UAE.

  • The finance ministry lowered its 2021 budget deficit target to 5.5%-5.7% of gross domestic product from 6.8% due to higher-than-expected...

    Snap elections would be triggered if the spending package is not finalized by Nov. 14

    The Israeli economy is expected to grow 7% in 2021 after contracting 2.2% in 2020

  • Pepsico, Deloite, Siemens, Haliburton, KPMG, PwC, Novartis and OYO are among the companies that will establish their regional headquarters in...

    The licenses were issued at the 5th edition of the Future Investment Initiative under the Regional Headquarters program.

    The direct and indirect benefits from the presence of companies (in Saudi Arabia) will amount up to $45 billion, says minister.

  • Jordan’s Minister of Agriculture had a meeting with a World Bank official and a minister of Ukraine.

    Jordan discussed the promotion of exchange of goods and bilateral ties with Ukraine

    With the World Bank, Jordan discussed water strategies and afforestation

  • Mainland China, where Covid-19 first emerged last year, remains closed to overseas tourists, as is Japan.

    Mainland China, where Covid-19 first emerged last year, remains closed to overseas tourists, as is Japan

    India re-opened for foreign tourists on charter flights this month and will allow in visitors on all flights from mid-November

  • People in the UAE complain about Uber and Careem's high prices, which have been raised significantly in the last few...

    An increasing number of people in the UAE are complaining about Uber and Careem's high charges

    The fares, it is claimed, have been raised significantly in the last few months due to Expo 2020 and Dubai attracting many tourists

  • Details of the attack and its source are under investigation, state TV added, without giving further details.

    Details of the attack and its source are under investigation, state TV added, without giving further details

    Tuesday's disruption had an unprecedented impact because it blocked the IT system that allows Iranians to fill their tanks for free

  • Tunisia has witnessed an investment of 713.4 million dinars ($252 million) in service activities during the first nine months of...

    The investments will be mobilized under 6,464 projects and will create 22,053 new jobs.

    Services directed to the local market (96 percent of overall investment declarations) saw a 3.1 percent increase.

  • Box office revenue in the Middle East made the fastest recovery in the world, from $250 million in 2020 to...

    The revenue is expected to continue to rise, reaching $1 billion in 2022 and $1.3 billion in 2024, research has shown.

    Only 261 of the 3,099 screens in the Middle East and Africa were closed due to the pandemic.