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 move aims to further enhance bilateral investment relations by making use of the opportunities offered by Saudi Vision 2030.

    The Minister of Investment of Saudi Arabia, Khalid bin Abdulaziz Al-Falih, is on an official visit to France

    He is accompanied by a high-level Saudi delegation from government agencies, national companies, and representatives of the private sector

  • There are dozens of such calls every day, and around 1,100 a month, in a nation that has seen an...

    There are dozens of such calls every day, and around 1,100 a month, in a nation that has seen an exodus of healthcare specialists to treat anxiety, depression and psychosis

    The number of children phoning in has also risen, with people under the age of 18 accounting for 15 percent of callers in July, up from less than 10 percent in previous months

  • The United States promised an additional $290 million but said the ultimate solution was to end the war

    The United States promised an additional $290 million but said the ultimate solution was to end the war

    Oxfam said around $600 million was pledged in total, although the UN plea for $3.9 billion to help Yemen was still underfunded by around $1 billion

  • The deals consisted of 266 real estate sales transactions worth AED849.88 million.

    August 2021 was the second-highest month since December 2013 in terms of the number of sales transactions in one month.

    The real estate market in Dubai is seeing sustained growth in the run-up to Expo 2020 Dubai.

  • It is the second deal that Dr. Al Zeyoudi is pursuing this month, following negotiations with Indonesia, as the UAE...

    Dr. Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, is in New Delhi to discuss trade and investment relations

    It is the second CEPA deal that Dr. Al Zeyoudi is pursuing this month, following negotiations with Indonesia, as the UAE accelerates its global trade agenda

  • The outlay is for the next 20 years, Dubai ruler Sheikh Mohammed bin Rashid Al Maktoum said.

    The government intends to increase the number of beneficiaries fourfold.

    In 2020, Abu Dhabi government announced $2 billion worth of housing loans, homes and land to more than 6,100 citizens.

  • The oil ministry earlier this month raised the price of fuel sold to cement manufacturers from 150 dinars per litre...

    The measure has caused industry outrage in the crisis-hit country, where some regions are still waiting for post-war reconstruction

    The subsidised fuel price for cement manufacturers was originally approved in exchange for their commitment to cap the price of cement

  • The growing consensus is that the much-anticipated first step will not be announced until November and ultimately begin in December.

    The growing consensus is that the much-anticipated first step will not be announced until November and ultimately begin in December

    But Fed Chair Jerome Powell could still provide details on the plans to start to taper the massive bond buying program

  • The economies of the region are recovering fast on the back of the rising oil prices and speedy vaccination programs,...

    The economies of the region are recovering fast on the back of the rising oil prices and a reasonably speedy vaccination program

    In 2022, tourism should also significantly boost growth, resulting in recovery in the non-oil sector as domestic consumption and investment demand improves

  • Dubai’s economy would grow by a further 3.4 percent in 2022, ‘spurred by the hosting of Expo 2020’.

    Dubai’s economy had seen a growth of 1 percent during Q1 2021, compared to Q4 2020

    This signaled that the emirate’s economy was on the path to recovery, said Dubai’s Department of Economic Development