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 region is also fast adopting modern agricultural practices such as vertical farming, hydroponics, greenhouse vegetable production to grow more...

    Urea demand is projected to grow close to two percent per year from 2018 to 2025.

    Governments are turning to the private sector to help finance desalination projects to meet water needs.

  • The investigation by law firm WilmerHale released last month found that during Georgieva’s time as World Bank CEO, she pressured...

    The investigation by law firm WilmerHale released last month found that during Georgieva’s time as World Bank CEO, she pressured staff into changing data to China's benefit

    The World Bank has since scrapped the report that ranked nations based on their investment climate

  • Saudi Arabia banned the major broadcaster, which holds the rights to the English Premier League (EPL) and other top competitions,...

    Riyadh was seeking to settle Qatar's $1 billion arbitration claim over pirate broadcasts to Saudi audiences by the BeoutQ network

    Saudi Arabia, the United Arab Emirates (UAE), Bahrain and Egypt cut ties with Doha over allegations it supported extremists and was too close to Iran

  • The Muscat Stock Exchange closed on Wednesday, up 0.17%, or 6.9 points, from the previous trading session, which amounted to...

    International Monetary Fund expects Oman's economy to recover and grow by 2.5 percent by the end of 2021

    Oman has run a US$ 2.3 bn budget deficit since the start of 2021 due to low oil prices and a drop in oil production

  • With an improvement in global oil demand, the World Bank has predicted Saudi Arabia’s average gross domestic product to reach...

    Abousleiman bullish on the expansion of the Kingdom’s non-oil sector

    Oil prices are currently at a seven-year high and this week OPEC + reiterated its decision, made in July, to raise production by a modest 400,000 barrels per day in November

  • Europe's reference Dutch TTF gas price hit 162.12 euros per megawatt hour and UK prices leapt to 407.82 pence per...

    Europe's reference Dutch TTF gas price hit 162.12 euros per megawatt hour and UK prices leapt to 407.82 pence per therm in morning deals

    Soaring gas prices -- coupled with oil which has struck multi-year highs -- have fuelled fears over spiking inflation and rocketing domestic energy bills

  • Located at Expo 2020 Dubai’s Partner Hub, Cisco’s digitally powered environment takes inspiration from natural groves and their intelligent underground...

    Located at Expo 2020 Dubai’s Partner Hub, Cisco’s digitally powered environment takes inspiration from natural groves and their intelligent underground systems

    Aligned with Expo 2020’s theme of ‘Connecting Minds, Creating the Future’, The Cisco Grove illustrates how smart, intuitive networks can create greater connectivity

  • The full report will be published next Tuesday and updates the estimates the IMF made in July, when it predicted...

    In its latest forecast, the IMF pointed to commodity shortages, supply chain snarls and the resumption of economic activity

    Among emerging and developing economies, the institution predicts inflation will decline to four percent from the 6.8 percent peak it will hit later this year

  • The total number of permits being granted by Israel to Palestinian labourers in Gaza is 7,000.

    The total number of permits being granted by Israel to Palestinian labourers in Gaza is 7,000.

    The impoverished territory of two million inhabitants with an unemployment rate of about 50% has been blockaded by Israel for nearly 15 years

  • Telecom companies in Lebanon have joined the long list of at-risk industries and institutions because of the financial and economic...

    Touch and Alfa mobile companies and the state-run telecommunications company Ogero operate fixed lines and fixed internet

    The quantity of diesel they have is enough for them to run for only a few days