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 UAE was among the first countries to return to normalcy after the pandemic and is currently hosting Expo 2020...

    RAK Properties investments reach AED15 billion, engaged in several real estate sectors.

    Expo 2020 will especially have a major impact on tourism and real estate sectors, Al Tair said.

  • The Lebanese central bank has opened a credit line of $60 million for medicine importers.

    Around three-fourth of Lebanon now lives in poverty because the Lebanese pound has lost more than 90 percent of its value since November 2019

    As a result, there have been massive shortages of commodities like fuel, medicine, and even food

  • The gross volume growth was mainly driven by Asia Pacific, India, Australia, and the MENA region.

    In Q3, DP World handled 19.8 million TEU, up 8.1 percent year-on-year basis.

    The near-term outlook remains positive, but the company expects growth rates to be moderate in the final quarter, said CEO Ahmad Bin Sulayem.

  • World Bank has warned that rising energy prices will stoke inflation in many emerging markets and developing countries.

    The bank has raised its forecast for average oil prices to $74/bbl in 2022 from $70/bbl in 2021 projected previously in April

    Prices of non-energy commodities like metals and wheat are also projected to remain at elevated levels

  • The project, which covers 7.2 million square feet of land in Al Rahmaniyah area, builds on the concept of future...

    The project extends over an area of 7.2 million square feet of land in the Al Rahmaniyah area of Sharjah, supporting the urban development of the Emirate

    The city is designed to cover all three elements of sustainability - social, economic, and environmental

  • The expenditure is expected to improve socio-economic conditions for Israel’s Arab minority, which has long complained of marginalization.

    The plan was approved by Prime Minister Nafatli Bennett's government late on Sunday

    It calls for $9.35 billion to be spent over five years to "close the gap in the Arab sector" compared with conditions in the Jewish community

  • The UAE's Ministry of Economy has signed an agreement with LinkedIn for developing a framework for skills-based talent besides identifying,...

    The agreement is geared towards achieving UAE Strategy for Talent Attraction and Retention.

    LinkedIn will collaborate with the ministry’s team to make joint action plans supporting the ministry’s national strategies.

  • The Chinese firm has restarted work on 10 projects.

    Evergrande owes various lenders close to $300 billion, but speculations are rife that it may not be able to pay all of it back

    However, after the project restart announcement, shares in the firm rallied more than four percent in early trade

  • At a time when the future of the global economy is going to change following the trends from regional economies,...

    The region's dynamics have changed a lot due to oil exports from 1975 to 2021.

    The Arab countries are now among top-world investors in high-tech companies

  • The market, which reportedly aims to promote Bahrain’s agricultural products and highlight the development taking place in the country’s agricultural...

    This edition of the market will be limited to shops selling local agricultural produce

    It will also feature a number of restaurants without the accompanying recreational activities