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 months leading up to the launch of Expo 2020 Dubai witnessed a surge in realty transactions, with September recording...

    A total of 5,762 sales transactions in September bring the year-to-date total value to over AED100 billion.

    In September 2021, 56 percent of all sales transactions were for secondary/ready properties and 44 percent were for off-plan properties.

  • Signs of progress on US President Joe Biden's massive spending bill provided an extra lift to sentiment

    Signs of progress on US President Joe Biden's massive spending bill provided an extra lift to sentiment

    Strong profit reports from big-name firms over the past week have reinforced optimism that the corporate sector is weathering slowdown in economic growth

  • In the absence of a functioning public transport system, car culture has thrived in Lebanon, with many households, even modest...

    There are more than 2 million cars for 6 million people in Lebanon

    However, people are now turning to buses and tuk-tuks to get around as fuel is expensive and often unavailable

  • The kingdom’s goal is to support small farmers, develop rural agriculture and assist the local development of the food product...

    The kingdom’s goal is to support small farmers, develop rural agriculture, and assist the local development of the food product manufacturing sector

    The lack of natural water and an unsuitable climate are the two most pressing issues facing the Kingdom's environment and agriculture

  • The combined current account balance of oil exporters in the GCC region is likely to shift from a deficit of...

    UAE economy is expected to grow by 2.2 percent in 2021 and by 4.9 percent in 2022, supported by tourism, oil prices recovery and Expo 2020 activities.

    Saudi Arabia's real GDP growth fell 4.1 in 2020 and is expected to increase to 1.9 percent this year and 4.8 percent in 2022.

  • Overall, the Middle East, North Africa and Turkey (MENAT) was the highest-ranking region for the quality of life, with 71...

    Switzerland, New Zealand and Spain top three destinations followed by Australia, Cyprus, Portugal, Ireland, France and Netherland.

    65 percent of expats feel optimistic about the year ahead and 75 percent were optimistic 'normality' will return.

  • Lebanon's political parties seem united in rejecting an investigation into Beirut's massive port explosion that they fear could threaten their...

    The investigation looks to shed light on the explosion of a huge stockpile of poorly stored fertilizer on August 4, 2020, in Beirut

    The blast killed more than 210 people, wounded thousands, and ravaged half the capital

  • Over 3,000 government officials, business leaders and industry experts representing 91 countries took part in the 6th Global Business Forum...

    Fintech, healthcare, agriculture, e-commerce were identified in the report as high-potential sectors

    Around 90 percent of surveyed executives said they expect fintech to see the most growth in 2022

  • The birthplace of the Arab Spring uprisings, Tunisia has faced years of economic woes exacerbated by the coronavirus pandemic, with...

    Power grab in July by President Kais Saied put on hold Tunisia's talks with the IMF for a fourth bailout package.

    Years of political deadlock following 2011 revolution have left it with less than one percent growth and six percent inflation.

  • UN agencies have said the impact of water shortages in Iraq is becoming evident through the lower crop yields for...

    The agricultural produce of Iraq usually includes wheat, barley, dates, tomatoes and rice.

    The FAO estimates that "by the end of the season, wheat production will be 70 percent lower and barley production negligible."