INSEAD Day 4 - 728x90

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

SIB H1 profit up 15.3%

Total operating income rises 20.5 percent.

flydubai Aleppo flights resumed

The flights were resumed after nearly 14 years.

  • Instead of the reductions needed to avoid the worst effects of climate change, global emission are likely to see "a...

    The figure would shatter the temperature targets of the Paris climate agreement

    Under the landmark 2015 Paris deal, nations have committed to slash emissions

  • Dubai Financial Market

    The region’s industry executives are working hard to improve the dented image and put the sector back on track by...

    Bahrain-based Investcorp Holding, the region’s biggest private equity and alternative asset manager, is looking for fresh deals after the pandemic made companies cheaper to buy

    Globally, the PE firms manage about US$3 trillion of capital for various investors but in Middle East, they manage a nominal US$18 billion

  • The council will aim to enhance bilateral economic and trade relations between the two countries.

    The MoU was signed by Abdullah Mohammed Al Mazrouei, Chairman of the Federation of UAE Chambers of Commerce and Industry

    Peeter Raudsepp, CEO of Enterprise Estonia, signed the agreement on behalf of his country

  • DUBAI: The emirate of Dubai sees tourism and exhibition activity returning to normal, with EXPO 2020 around the corner, according...

    The emirate sees tourism and exhibition activity returning to normal, with EXPO 2020 around the corner, according to DP World chairman.

    Top commodities included jewelry, perfumes, medical products, textiles and leather.

  • Lebanon has been without a government for more than a year, and the main priority of Prime Minister Najib Mikati's...

    The first Iranian ship with fuel reached the Syrian port of Baniyas earlier this week

    The cargo was offloaded there and trucked to Lebanon, the first of several planned deliveries

  • Around 80 percent of its 30 million people depend on international relief and aid groups complain of financing shortfalls.

    Around 80 percent of its 30 million people depend on international relief and aid groups complain of financing shortfalls

    Yemen's economic woes stem from the seven-year conflict between Huthi rebels and government forces

  •   Wa'ed, the entrepreneurship arm of Aramco, has approved a plan to finance construction of a factory in Jubail that...

    The 3.75 million SAR loan to SICCO, a Jubail-based start-up, is part of Wa'ed's strategy of empowering Saudi businesses

    SICCO plans to make calcium bromide, a clear liquid used to regulate wellbore pressure in onshore and offshore oil and gas wells

  • The action plan is structured around three pillars: enhancing the digital business environment, supporting the development of digital firms and...

    The plan was devised at a two-day Dubai Digital Economy Retreat which concluded on Wednesday

    Interactive workshops during the event identified key market issues and challenges, including the need to attract more digital companies and specialised talent to Dubai

  • But if widening economic gaps between the developed world and the poor countries persists, only a few will enjoy the...

    Many developing economies are being held back by constraints on fiscal measures, lack of monetary autonomy and limited access to vaccines.

    By 2025, developing countries will be $12 trillion poorer owing to the pandemic, the report said.

  • Nearly 75 percent of banks expect tech giants such as Google and Amazon to dominate the banking industry in five...

    The report said only 25 per cent of EMEA-based banks expect to significantly increase spending on Big Data in the next three years.

    19 per cent of EMEA-based banks are focused on blockchain investment compared with 30 per cent of banks in North America.