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
  • Lebanon’s Information Minister George Kordahi has said that the country needs $1 billion to bring up the value of the...

    The World Bank has described Lebanon’s economic crisis as possibly among the three worst of its kind across the globe

    Since 2019, the Lebanese pound has lost more than 90 percent of its purchasing power, and now more than three out of every four citizens live in poverty

  • The FAO and Jordan’s National Center for Agricultural Research have signed a cooperation agreement in this regard.

    The FAO and Jordan’s National Center for Agricultural Research have signed a cooperation agreement

    As part of the agreement, they are expected to organize festivals for Jordan's agricultural products to empower rural families and farmers

  • The 40,000-seat ground will host groups matches during Qatar 2022 up to the quarter-finals.

    The 40,000-seat ground will host groups matches during Qatar 2022 up to the quarter-finals

    It was designed by Qatari architect Ibrahim M. Jaidah to resemble the 'gahfiya' cap, traditionally worn by men in the region

  • The Meeting will focus on a number of key themes, including investing in the infrastructure for tomorrow such as cross-border...

    The meeting to be attended by 103 members as well as strategic partners from around the world will be held virtually under the theme "Investing Today. Transforming Tomorrow."

    In 2020, the Asian Infrastructure Investment Bank announced its strategic ambition to allocate 50% of its total funding until 2025 to climate-friendly projects

  • The destination will include a Formula 1 racing trajectory, a Six Flags Theme Park, a water park and sporting venues...

    The destination will include a Formula 1 racing trajectory, a Six Flags Theme Park, sporting venues, and a large selection of cultural, creative, and artistic activities

    The entertainment city is expected to attract 17 million visitors in the entertainment sector, 12 million in the shopping sector, and 2 million in the hospitality sector by 2030

  • The facility will be provided through Murabaha mode

    The duration of the banking facility is four years and 282 million riyals have been pledged as guarantees for the financing.

    The company said the loan will be used for re-structuring a part of short-term finances.

  • The oil price rise is expected to raise the economic growth of Saudi Arabia and the UAE. The kingdom is...

    Qatar Stock Exchange upwardly revised 0.1 percent on Thursday, aided by a 3.5 percent increase in Nakilat shares.

    Egyptian Stock Exchange ended its sessions on Oct. 20 with a collective decline of indices for the second consecutive session.

  • The designation by the Paris-based Financial Action Task Force threatens to further limit foreign direct investments -- already standing at...

    One of the year's worst days for the beleaguered lira started with a central bank decision to cut its policy rate to 16 from 18%

    The lira lost more than 2.5% against the dollar on fears the bank had lost its last vestiges of independence from Turkish President Erdogan

  • About 61% of the UAE consumers are opting for cards or digital wallets instead of paying in cash, a joint...

    About 61% of the UAE consumers are opting for cards or digital wallets instead of paying in cash, a joint study by Dubai Economy and Visa has pointed out.

    Another study by McKinsey found that digital point-of-sale transactions in Saudi Arabia doubled in the year leading up to January 2021

  • The Lusail Stadium is about 20 kilometres (12 miles) from the capital Doha and will host a number of matches...

    The Lusail Stadium is about 20 kilometres (12 miles) from the capital Doha and will host a number of matches during the tournament, including the final

    It is one of eight stadiums that Qatar has designated for the World Cup, which will be the first ever in the Middle East