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.

  • Lebanon is expected to use ENOC’s fuel to generate electricity, as the Iraqi oil is deemed unsuitable for the process.

    As part of the deal, Lebanon will give ENOC 84,000 tons of Iraqi high-sulfur fuel oil

    In return, the country will receive 30,000 tons of Grade B fuel oil and 33,000 tons of gasoil

  • Finance Minister Avigdor Liberman said the Treasury had transferred the amount to the public hospitals.

    Staff and administrators at these hospitals have been protesting against the government’s failure to provide adequate healthcare funding

    Since Wednesday morning, several public hospitals in Jerusalem have not been admitting patients from brought by the emergency services

  • The country has kept its position as the 10th largest producer of steel in the world this year.

    The performance of some leading Iranian steel companies indicates they exported 916,236 tons of steel in June

    This which indicates a growth of 104 percent compared to June 2020

  • While joblessness will be a worry, the economies of the GCC countries are expected to grow by about 2.5 percent...

    Saudi Arabia ranked first in the GCC in terms of the unemployment rate, which reached 8.2 percent of the total workforce in 2020.

    Bahrain and Oman are struggling with rising public debts while their unemployment rates stood at 4.1 percent and 5 percent respectively.

  • The broad-based S&P 500 closed 0.2 per cent higher at 4,496.19, its second consecutive record

    The broad-based S&P 500 closed 0.2 per cent higher at 4,496.19, its second consecutive record

    The benchmark Dow Jones Industrial Average gained 0.1 per cent to end at 35,405.50

  • He delivered the remarks while chairing the first meeting of his cabinet which was approved by parliament on Wednesday

    He delivered the remarks while chairing the first meeting of his cabinet which was approved by parliament on Wednesday

    Iran has been strangled financially by sanctions reimposed by Washington after then US president Donald Trump pulled out of a multilateral nuclear deal in 2018

  • The new rule authorizes banks to buy dollars from fresh dollar accounts without a customer's permission.

    Lebanon ranked third in the Arab world in receiving remittances in 2020

    Dollars entering Lebanon in the first half of 2021 were higher by 50 percent than those over the same period in 2020

  • The Gulf hotel sector's investments, according to reports, have reached $27 billion. New hotel projects worth $3.5 billion in the...

    Hotel licenses in Saudi Arabia can now be obtained in just 10 days.

    Until March 2021, UAE had 1096 hotels with 181.3 thousand rooms.

  • Without water resilience, the MENA region may see a loss of 6-14 percent of the collective GDP by 2050, says...

    A drought can reduce the economic growth of a city anywhere in the world by up to 12 percent, says the World Bank

    The MENA region, it says, has over 60 percent of the population living in areas with high water stress, compared with 35 percent globally

  • Emerging countries will bear the brunt of the losses from slow vaccination efforts, according to the Economist Intelligence Unit

    Emerging countries will bear the brunt of the losses from slow vaccination efforts, according to the Economist Intelligence Unit

    Covid, vaccination, economist, intelligence unit, global economy, study