UAB nine-month profit rises 6%

Loan growth, lower impairment charges boost earnings

du 9M profit up 10.8%

Revenue grows as connectivity demand supports earnings

Al Rajhi Bank 9M profit up

Revenue growth lifts earnings despite higher provisions

Mashreq prices Dim Sum bond

UAE bank raises offshore renminbi funding

Aldar buys Sharjah homes

Deal adds 1,100-plus rental units

Saudi Arabia to donate a million vaccine doses to Malaysia

The King has directed the country’s officials to provide Malaysia with aid after the country’s Foreign Minister requested Saudi Arabia...

$196m deposited in July into Saudi home loans fund

During the month the Real Estate Development Fund has deposited the money into accounts of Saudi citizens benefiting from the...

Aldrees to expand into Egypt, plans to set up 60 fuel stations

The company owns nearly 600 fuel stations in Saudi Arabia, and it is now looking to expand beyond the kingdom...

Doomed by pandemic, Makkah’s hotels can finally see light

Stung by the lockdown and lack of pilgrims traveling from around the world to Islam’s holiest site, Makkah’s hospital industry...

Russian flights to Egyptian resorts to restart after six years

The Russian embassy in Egypt announced that flights will resume in August, some six years after a Russian passenger plane...

Tunisia wins silver medal at Tokyo Olympics

Mohammed Khalil Jendoubi reached the final of the men’s Taekwondo 58kg category where he lost to the Italy’s Vito Dell’Aquila,...

Egyptian President uses a bicycle to interact with public

Since his first bid for presidency in 2014, Sisi has used his rides to know more about the problems and...

Jordan to vaccinate children and older citizens against Covid

Children aged 12 will be given the Pfizer-BioNtech vaccine only with the approval of a guardian and with no prior...

Houthi militia buries 11 fighters killed on battlefield in Yemen

In a big setback to the Iran-backed militia, one of its top commanders, Brigadier Hamer Yahiya, who was the military...

GCC condemns Iran for interfering in affairs of other nations

GCC demands Iran’s nuclear program, ballistic missiles, and its support for militias must be included in ongoing talks in Vienna...

Archaeological sites discovered in Southern Saudi Arabia

ABHA, SAUDI ARABIA  - The Heritage Commission announced its most prominent discovery in Jurash, Asir region, as one of the...

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Durar launches ‘MASA Residences’ in Ras Al Khaimah worth US$190.58m

RAS AL KHAIMAH -- Durar, a prominent UAE real estate developer, is set to launch MASA Residences, a luxury residential...

Chevron Q3 profit falls

Its earnings fell to US$6.5bn, down from $11.2bn last year.

Abu Dhabi International Airport records 29.3% jump in Q3 passenger traffic

Abu Dhabi, UAE--Abu Dhabi International Airport has posted a 29.3 percent jump in passenger traffic for the third quarter of...

Most Read

ADCB profit up 22 percent

The bank's operating income rose 23% to US$3.32 billion.
  • The bank said that net interest income rose 8% to $865 million QoQ and 24% YoY while non-interest income of $285 million declined 7% QoQ
  • Its CEO said the bank delivered strong growth in the first nine months of the year, with net loan climbing by10% i and sound growth in CASA deposits

UAE hosts seventh edition of Interpol’s strategic dialogue

Abu Dhabi, UAE--The UAE's Ministry of Interior and the Gulf Police Service hosted the seventh edition of the strategic dialogue...
  • The strategic dialogue held in Abu Dhabi facilitated high-level discussions aimed at harmonizing efforts in the face of global threats
  • It bolsters the global response to criminal threats and ramps up coordination between Interpol and regional policy and border management organizations.

Iran and Saudi ties effective in solving regional issues: Raisi

Tehran, Iran--Iran's President Ebrahim Raisi believes the expansion of ties between Tehran and Riyadh will be effective in strengthening regional...
  • He made the comments during a meeting with Abdullah bin Saud Al-Anzi, the newly appointed Saudi ambassador to Iran
  • The new ambassador said the relations between Saudi Arabia and Iran are very strong because of commonalities between them