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.

  • The projects are expected to lay the foundations for further growth of the UAE.

    The economic and developmental projects will foster a competitive business environment

    This is expected to attract investors, innovators, entrepreneurs, and talents from across the world

  • The $100-million fund, mainly supported by Saudi investors, will target 34 micro, small, and medium enterprises.

    The economic development fund is expected to generate 100,000 jobs in the country which is struggling with poverty

    The new fund is part of the IsDB’s series of development activities in Uzbekistan, which so far stand at $2.4 billion in value

  • Built by Italian and French architects and businesspeople, such buildings are associated with colonialism

    Built by Italian and French architects and businesspeople, such buildings are associated with colonialism

    Built just outside Tunis's traditional Arab medina they were meant to "modernise" the city

  • The Energy Ministry could face serious problems in meeting electricity demand in winter if power plants did not get fuel

    The Energy Ministry cannot reduce supply to the domestic sector in winter

    Therefore, it must supply liquid fuel to power plants in advance to keep up with demand

  • The Lebanese flour millers' association has said mills might gradually stop working as fuel supplies run out. This, when the...

    This is the latest casualty of fuel shortages in Lebanon, where hospitals have already warned that they are hanging on by a thread

    The overall shortage of power-generating fuel has resulted in protracted power cuts in the country, forcing medical facilities to run generators, which too need fuel to run

  • Since 2019, Lebanon's financial meltdown, one on the planet's worst since the 1850s, has decimated the country's middle class

    Since 2019, Lebanon's financial meltdown, one on the planet's worst since the 1850s, has decimated the country's middle class

    Entire families have seen their savings all but vanish and salaries dwindle to barely a tenth of their previous dollar values

  • According to Transparency International, Kuwait in 2020 ranked 78 out of 180 countries in the Corruption Perception Index.

    Kuwait Economic Society chairman Abdul Wahab Al Rasheed said failure to take the right decision at the right time was the worst form of corruption

    He also called for urgent economic reform, without which the country’s budget deficit would equal its sovereign fund by 2035

  • The growth in the sector is a result of the Dubai community’s increasing interest to participate in sports activities over...

    Around 1.5 million people regularly engage in sports and physical activities in the emirate, acccording to the Dubai Sports Council

    This has led to an increase in the number of national and international sporting events being hosted in Dubai

  • Despite the rise in the GDP of the Organization for Economic Co-operation and Development (OECD) economies to 1.6 percent in...

    The UK recorded the strongest growth (4.8%) followed by Italy (2.7%)

    GDP also increased in the other Major Seven Economies, but to a lesser extent

  • ADX has plans to get at least 10 companies as well as additional services such as derivatives trading by the...

    ADX has plans to get at least 10 companies as well as additional services such as derivatives trading by the end of 2021

    The cost of execution includes several components and depends on the exchange