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.

  • Alongside a grinding seven-year military conflict, Yemen's government and the Huthi rebels are locked in battle on another front --...

    Both the government and the Iran-backed Huthis used the same notes until late 2019 when the rebels banned new banknotes printed in government-run Aden

    The resulting difference in money supply has since seen the riyal's value plummet to around 1,000 to the dollar in government areas

  • The cost of hydrocarbon fuels in Lebanon has now roughly tripled in the two months

    The cost of hydrocarbon fuels in Lebanon has now roughly tripled in the two months

    Dire shortages have seen Lebanon's people struggle to find enough fuel to drive to work

  • Saudi Arabia has developed cultural, heritage tourism projects in more than 25 tourist destinations and eyes 100 million tourists by...

    Saudi Arabia has developed cultural, heritage tourism projects in more than 25 tourist destinations

    By 2030, the country expects to enhance its airport capacity by 30 percent

  • Saudi Arabia has seen a sudden growth in the size of freelance workforce with the number doubling in the first...

    Number of people who obtained a freelance employment document reaches 631, 518

    The ministry also said most freelancers are aged between 20 and 30 years old, with most of them working in graphic design, marketing and advertising, and family businesses

  • Tourism and water have been the economic mainstay of Hatta, an inland exclave of Dubai.

    Hatta residents will be allowed to build 200 holiday homes to support domestic tourism.

    504-km-long chairlifts, waterfalls, hotel among other projects.

  • Private banks cater to the complex banking needs of the Ultra High Net Worth Individuals and High Net Worth Individuals...

    Saudi UHNWI population has grown by 227 percent since 2016, the fastest growth rate globally over this period.

    Private banking yields returns up to 30 percent annually, but more typically are in the 7-13 percent.

  • Residents line up for days to get gas, while electricity only runs for 2 hours a day

    Lebanon’s energy crisis is dragging people to unlikely places in their desperate quest for life’s essentials

    Residents line up for days to get gas, while electricity only runs for 2 hours a day

  • The MV Ever Given had "successfully crossed" the canal after unloading its cargo in Britain and was now on its...

    The vessel was seen sailing in open waters accompanied by Egypt-flagged tugboats

    The Ever Given got stuck diagonally across the canal during a sandstorm on March 23

  • Chaouki Tabib headed the independent authority from 2016 to 2020, when he was sacked by former Prime Minister Elyes Fakhfakh

    Chaouki Tabib headed the independent authority from 2016 to 2020, when he was sacked by former Prime Minister Elyes Fakhfakh

    Tunisian President Kais Saied last month dismissed the prime minister, froze parliament and assumed executive authority

  • The operating contract for the Moroccan section of the Maghreb-Europe Gas Pipeline, which links fields in Algeria with Spain, runs...

    The operating contract for the Moroccan section of the Maghreb-Europe Gas Pipeline, which links fields in Algeria with Spain, runs out in October

    There was concern its renewal might fall foul of the latest spat between the two countries