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.

  • Surge in trade activity in Dubai has lifted the value of exports, re-exports.

    58,154 certificates of origin issued by Dubai Chamber in August 2021.

    Outside of the GCC, Egypt was the largest export market as member exports to the country.

  • The country no longer has the money needed to support its economy, says the new Prime Minister Najib Mikati said...

    Lebanon is going through a major economic and political crisis

    The World Bank has termed it as one of the deepest recessions recorded in modern times

  • Issued during the rule of former president Mahmoud Ahmadinejad in 2006, the Justice Shares were intended to assist economic privatization...

    The value of the portfolios of shareholders, which are estimated to be 49 million, has grown nearly ten times.

    The number of state-owned enterprises that were supposed to be privatized under the justice share program is now 49, valued at $21.8 billion.

  • The one-million housing project is part of Iran’s plan to provide a total of six million houses for its underprivileged...

    Iran is trying to implement the one-million housing project to deliver affordable houses to its populace

    However, the lack of infrastructure, such as water, electricity, and gas, could pose a serious challenge to this project

  • MarsRise is a deflationary token found on the Binance Smart Chain, which comes with an automatic liquidity pool growth, and...

    MarsRise is a deflationary token found on the Binance Smart Chain, which comes with automatic liquidity pool growth, and therefore the holder rewards through transaction taxation

    It has automated Liquidity and its Strategic Buyback is distributed to the locked liquidity on every transaction, making MarsRise one of the best in this game

  • The MENA region will have 80 million 5G subscriptions, representing about 10% of total mobile subscriptions by 2025, according to...

    The total number of Saudi Governorates covered by 5G coverage increased to 53 in Q1 2021

    The UAE ranks third internationally among countries with the fastest data download speeds in 5G networks, according to an analysis by “Opensignal”

  • Egypt, the most populous nation in North Africa, has already seen some investments from the AFC.

    Founded in 2007, the AFC is dedicated to investing in private sector infrastructure projects across Africa

    It is said to have invested $8.7 billion in projects in 35 African nations since its establishment

  • The SDR is an international reserve asset, created by the IMF in 1969 to supplement its member countries’ official reserves.

    The SDR is an international reserve asset, created by the IMF in 1969 to supplement its member countries’ official reserves

    SDR allocations will help most vulnerable countries struggling to cope with the impact of the COVID-19 crisis

  • Lebanon’s caretaker minister of social affairs announced the cash cards on Thursday, saying they would benefit 500,000 families.

    The total cash payments to be made amount to $556 million

    The figure was approved by the authorities in June

  • Egypt's annual urban consumer price inflation rose to 5.7 percent in August, up from 5.4 percent in July, official statistics...

    Egypt's annual urban consumer price inflation rose to 5.7 percent in August

    Food inflation was the key driver jumping from 4.9 percent y/y in July to 6.6 percent y/y in August, the highest for two years