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
  • Algeria has been using the Gaz-Maghreb-Europe (GME) pipeline since 1996 to deliver several billion cubic metres per year to Spain...

    Algeria has been using the Gaz-Maghreb-Europe (GME) pipeline since 1996 to deliver several billion cubic metres per year to Spain and Portugal

    The latest crisis followed months of tensions, partly over Morocco's normalisation of ties with Israel

  • Saudi males found securing jobs was easier than women in the kingdom in the second quarter of 2021, lowering unemployment...

    According to estimates of the General Authority for Statistics (GASTAT) based on the Labor Force Survey, the unemployment rate of the total working age Saudi population decreased

    Unemployment rate among Saudi men went down noticeably by 1.1 percentage point to 6.1 percent in the second quarter of 2021 from 7.2 percent in the previous quarter

  • Barkindo underscored the importance of the efforts by the Declaration of Cooperation (DoC) Participating Countries in accelerating the rebalancing process...

    Barkindo underscored the importance of the efforts by the Declaration of Cooperation (DoC) Participating Countries in accelerating the rebalancing process in the global oil market

    The Secretary General also stressed the need to remain cautious and attentive to an ever-evolving market situation

  • The UAE and Qatar are hosting global events like EXPO 2020 this October and FIFA World Cup in 2022  respectively...

    In recent months, all GCC countries have unveiled major infrastructure projects following vaccination of the majority of the population and a rebound in oil prices

    The UAE and Qatar are hosting global events like EXPO 2020 this October and FIFA World Cup in 2022 respectively and initiating infrastructure projects worth billions of dollars

  • France on Tuesday said it would sharply reduce the number of visas granted to people from Algeria, Morocco and Tunisia,...

    In Morocco, Foreign Minister Nasser Bourita told reporters the French decision was “unjustified”

    Many of its Tunisian citizens displayed their concern Wednesday in front of the offices of TLS Contact, the private company authorised to receive applications for France

  • The Deferred Payment Program was launched on March 14 last year, as Covid-19 was spreading across the world. According to...

    The respite is in the form of the extension of the Deferred Payment Program for the MSMEs

    The initiative is one of the many Private Sector Financing Support Programs the central bank has launched to help the economy

  • The results are said to be showing signs of economic recovery of Bahrain.

    The overall growth is apparently due to the rise achieved by the non-oil sector

    The rise has been supported by transportation & telecommunications and hotels & restaurants activity

  • Rising oil prices handed a major boost to producers but threaten the global recovery and stoke inflationary pressures because they...

    Global supplies have been disrupted because US production remains hampered by the ongoing fallout from Hurricane Ida.

    OPEC now expects global oil demand to exceed its pre-pandemic level in 2022 thanks to Covid vaccines and recovering economies.

  • DUBAI: Etihad Rail has completed construction works on a stretch of the 1200-km UAE National Railway Network, the company said on...

    The work was completed ahead of schedule on Package A of Stage Two, which extends over 139 km.

    40 percent of the network’s annual transport capacity has been reserved through commercial agreements.

  • The Fund's composition reflects a convergence of SEDCO Capital's Prudent Ethical Investment (PEI) approach with Lombard Odier's investment expertise

    The Fund's composition reflects a convergence of SEDCO Capital's Prudent Ethical Investment (PEI) approach with Lombard Odier's investment expertise

    The Fund aims to deliver capital growth through an active asset allocation strategy with the goal of outperforming the Dow Jones Islamic Market World Developed Total Return Index