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
  • Business confidence in Dubai reached its third-highest level in 10 years as companies in the emirate begin to feel the...

    A survey by Dubai Chamber said companies in the emirate begin to feel the positive impact of Expo 2020.

    Global supply chain restrictions were identified as a key challenge for business leaders.

  • Iran’s Oil Minister Javad Oji has reportedly said the country requires at this investment to maintain the production level of...

    About 50 percent of Iran's gas reserves are in Bushehr province

    This is true for about 10 percent of the country’s oil reserves as well

  • They include urban development, health, and transport projects.

    These are said to be part of a portfolio of public-private partnership or PPP projects

    The investments were announced at the First Dubai International PPP Conference

  • The United Arab Emirates is followed by Qatar (60), Kuwait (61), Bahrain (69) and Oman (71) on the Henley Passport...

    The United Arab Emirates is followed by Qatar (60), Kuwait (61), Bahrain (69) and Oman (71) on the Henley Passport Index

    The Henley & Partners' list is one of many that rank passports based on their ability to provide access to their citizens

  • Gulf International Bank (GIB) said on Sunday that it has closed a $625 million sustainability-linked syndicated loan (SLL), making it...

    The deal makes it the first majority Saudi-owned bank to close such a facility.

    The deal was oversubscribed by more than two times with $1 billion commitments from 20 global investors.

  • Running from November 23 to 25, the event will be held under the theme ‘Generation Next: Chambers 4.0’

    Running from November 23 to 25, the event will be held under the theme ‘Generation Next: Chambers 4.0’

    It will bring together more than 1200 participants from international organisations and governments representing 100 countries around the world

  • State electricity in most places is barely available for an hour a day amid rolling power cuts

    State electricity in most places is barely available for an hour a day amid rolling power cuts

    The Mediterranean country is battling one of the planet's worst economic crises since the 1850s

  • Saudi Arabia is planning to invest US$36bn in logistics and aims to become a regional hub for the shipping sector,...

    Saudi Arabia is planning to invest US$36bn in logistics and aims to become a regional hub for the shipping sector, a position enjoyed by the UAE for many years

    The UAE has 10 major ports followed by Saudi Arabia (9), Qatar, Oman and Bahrain (5 each) and Kuwait (3)

  • Egypt's non-oil exports increased to $7.5 billion in the first quarter of 2021, compared to $6.5 billion in Q4-20, according...

    The country's non-oil balance of trade deficit narrowed by 5% quarter-on-quarter (QoQ) during the January-March period

    Mineral fuels, oils, and distillation products topped the non-oil exports with a value of $809.9 million in Q1-21 from $883.2 million in Q1-20

  • President Sheikh Al Nahyan decrees that all ministries, government authorities and institutions should make these 10 Principles as guidelines in...

    The principles direct UAE’s institutions to strengthen the union, build a sustainable economy and harness all possible resources.

    The set of principles is also aimed at fostering positive regional and global relations to achieve national goals.