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
  • Etihad Credit Insurance (ECI), the UAE Federal export credit company, and SACE, the Italian export credit company (CDP Group), have...

    Etihad Credit Insurance chief says significant gains made in Halal-certified businesses.

    The two sides explored how they can help boost the flow of goods, services and investment capital worldwide.

  • Demand for gas in the region eclipses global demand by more than twofold, the second highest in the world in...

    Power generation in the region forms 52 percent of total consumption, with the region's energy transition plans heavily reliant on LNG import projects

    The bloc espoused the merits of LNG output expansion in improving energy efficiency by up to 39 percent as part of efforts to reduce dependence on oil and petroleum products

  • The visits of several Israeli ministers so far show the importance the Jewish state attributes to the event.

    The future of Israel-UAE relations depends on how they are affected by major flareups over Jerusalem or other aspects of the Israeli-Palestinian conflict.

    The UAE has become one of Israel's top twenty trading partners in 2021. Food security, agriculture tech and water management are key areas of partnership.

  • The IMF board said it "considered that the information presented in the course of its review did not conclusively demonstrate...

    An investigation by law firm WilmerHale has concluded that the Bulgarian economist manipulated data in favor of China while in a senior role at the World Bank

    WilmerHale's controversial findings center on the drafting of the 2018 and 2020 editions of the World Bank's report ranking countries according to their ease of doing business

  • The world’s largest cryptocurrency exchange recently registered three companies in Ireland and is currently setting up several regulatory companies worldwide....

    Binance CEO Changpeng Zhao, according to sources, may move the operations of the world’s largest cryptocurrency exchange from Seychelles to the UAE city.

    The cryptocurrency exchange is banned by several governments, while other countries are open to investigations into allegations such as market manipulation

  • The NIS is expected to raise annual FDI flows to $103.47 billion and increase annual domestic investment to $286.33 billion...

    The National Investment Strategy is expected to increase annual domestic investment to 1.7 trillion riyals by 2030

    The strategy will be ‘a key enabler; of the Vision 2030 plan, announced in 2016 to diversify the economy of the world's biggest oil exporter

  • Qatar and Saudi Arabia lead the GCC countries when it comes to spending on education.

    Qatar has in absolute terms spent more per capita for education than any GCC nation since 2016

    However, when it comes to absolute totals and the share of the GDP spent on education, Saudi Arabia leads the pack

  • Card’s studies of core questions for society and Angrist and W Imbens’ methodological contributions have shown that natural experiments are...

    One half has been awarded to David Card “for his empirical contributions to labor economics,” which is rooted in natural experiments

    The other half is for Joshua D Angrist and Guido W Imbens, “for their methodological contributions to the analysis of causal relationships”

  • The new ad posted on the Twitter handle of the Israeli Pavilion at Expo 2020 Dubai has been videographed in...

    New ad of Israeli Pavilion at Expo 2020 has been shot in the middle of The Dead Sea

    It is an imitation of the Emirates’ ad from the top of 828-metre-high Burj Khalifa

  • Lebanon's electricity grid was back online Sunday after the army supplied fuel to two key power stations that had run...

    Energy Minister Walid Fayad said Sunday that the grid was back up and running

    Lebanon has witnessed rolling power cuts across the country since the end of its 1975-1990 civil war