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.

  • Global economic transformation has pushed governments to implement various programs and reform investment rules to make them more flexible to...

    The UAE is the only Middle Eastern country that issues Golden Visas.

    In 2010, the first golden visa program was launched in Latvia.

  • Saudi Arabia and the UAE are already off the starting mark in their efforts to supply alternative fuels to the...

    Hydrogen requires high-pressure tanks when stored as a gas or temperatures of -253°C when stored as a liquid

    Ammonia can be used as marine fuel as the conversion process is economical and involves little fuss

  • The 22-member Arab League and its legislative body, the Arab Parliament, are planning to establish a food-security body.

    The organization would be expected to enhance social and economic security in the region

    It would also be expected to achieve sustainable development goals in Arab countries

  • The UAE foreign ministry confirmed to AFP that "this is the first (Emirati) aid flight since the recent events in...

    The UAE foreign ministry confirmed to AFP that "this is the first (Emirati) aid flight since the recent events in Afghanistan".

    The UAE is one of a number of Gulf states that have been instrumental staging posts for evacuation flights for foreigners and Afghans, along with Qatar, Kuwait and Bahrain

  • The port, to be operated by Shanghai International Port Group, is expected to bring competition to a sector plagued by...

    It is expected to enable larger classes of cargo ships, carrying 18,000 containers or more, to dock in Israel

    About 99 percent of all goods move in and out of Israel over sea, and an upgrade is needed to maintain economic growth

  • IsDB also contributed to Covid-19 relief in 2020, where it approved financing of around $2.3 billion.

    IsDB gave out around $6.8 billion to various nations last year

    Egypt’s share in that, at $1.13 billion, amounted to around 17 percent

  • The UAE government's recent decision to slash the fee to set up a business by 94% to US$272 is expected...

    The UAE Government has slashed the fees for setting up a business by about 94% to only US$272 (AED 1,000)

    In A T Kearny’s FDI Confidence Index 2021, the UAE gained four places – from 19th rank in 2020 to 15th rank in 2021

  • The budget proposal was approved in August by the coalition government of Prime Minister Naftali Bennett

    The budget proposal was approved in August by the coalition government of Prime Minister Naftali Bennett

    The budget bill will now go to committee before being submitted for final approval at a second or third reading in the autumn

  • The non-oil trade between the UAE and Arab countries grew 29 percent to AED191 billion in the first half of...

    UAE’s Minister of Economy Abdulla bin Touq Al Marri calls for greater efforts to increase intra-Arab trade

    He underlines the UAE’s support for all relevant regional efforts, made within the Greater Arab Free Trade Area (GAFTA) and the Arab Customs Union

  • Iran is hard pressed to sell its oil to countries across the world due to the sanctions placed by the...

    Iranian Oil Minister Ali Owji has met discussed ways to increase cooperation with the CNPC

    CNPC’s Middle East department deputy head Libin Zhang met Owji in Vienna on Thursday