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

  • FedEx Express is a subsidiary of FedEx Corp.

    FedEx Express will invest more than SAR1.5 billion ($400 million) into the Saudi economy over the next 10 years

    This investment will be through talent management as well as local operations and infrastructure

  • Real estate and property transactions worth AED 7.1 billion ($1.93 billion) were recorded in Dubai during the week ending October...

    A plot of land sold for AED 33 million in Hadaeq Sheikh Mohammed Bin Rashid.

    The highest number of transactions, valued at AED 126.61 million, were recorded in Al Hebiah Third.

  • Brazil's tourism minister has said the country is planning to attract about a million tourists from the Middle East in...

    Brazil is in touch with Emirati officials for operating more direct flights to Amazon and northeast regions, says tourism minister.

    Annual outbound and inbound tourist traffic from Brazil to the Middle East is around 125,000 and 120,000 respectively at present.

  • It is the Emirate’s goal to meet three-fourths of its energy requirements with clean sources, which would make it a...

    The Dubai Electricity and Water Authority (DEWA) has attracted US$10.89bn investments from the private sector and foreign banks

    It is the Emirate’s goal to meet three-fourths of its energy requirements with clean sources, which would make it a global hub for clean energy and a green economy

  • The region’s per-capita GDP is forecast to grow by only 1.1 percent this year after declining by about 5 percent...

    The World Bank said the pandemic had seen the region’s economies shrink by 3.8 percent in 2020

    This in part due to public health systems’ lack of preparedness to deal with the health crisis

  • Jordan’s Minister of Planning and International Cooperation Nasser Shraideh, have held discussions with Danish Minister of Development Cooperation Flemming Mortensen...

    Jordan has called on Denmark to increase the support it gets, and focus on economic and employment opportunities programs

    Denmark said it is ready to continue supporting Jordan and searching for additional ways to strengthen bilateral relations

  • The national drive aims to achieve net-zero emissions by 2050, making the UAE the first MENA to do so.

    The national drive aims to achieve net-zero emissions by 2050, making the UAE the first MENA to do so.

    The Ministry of Climate Change and Environment will lead and coordinate efforts to execute the initiative

  • In terms of re-exports, DAFZA grew 24 percent to total AED40.8 billion, representing 20.5 percent of Dubai's total non-oil foreign...

    In terms of re-exports, DAFZA grew 24 percent to total AED40.8 billion, representing 20.5 percent of Dubai's total non-oil foreign trade

    As for commercial partners, China came in first at 30 percent with a trade value of AED23 billion

  • The memorable landmark was conceived as a minimalistic prism that rises from the ground towards the sky, symbolizing Saudi Arabia's...

    The memorable landmark was conceived as a minimalistic prism that rises from the ground towards the sky, symbolizing Saudi Arabia's unlimited ambitions

    Visitors can also explore a giant digital kaleidoscope and an interactive digital floor at the exhibition's highlight in the 'Vision' space

  • Abu Dhabi-based renewable energy company Masdar on Thursday announced it will develop five solar photovoltaic (PV) projects in Iraq with...

    The solar photovoltaic projects will be developed in Dhi Qar, Ramadi, Mosul and Amarah areas.

    Iraq, the second-largest OPEC oil producer, is aiming at 20 to 25 percent of renewables in power production.