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

Sharjah explores new avenues of cooperation with Guatemala

  The focus of the discussions was particularly on renewable energy, culture, and tourism They also explored the opportunities available...

Saudi Arabia and Indonesia set up a task force to look at investment opportunities

  Indonesia invited Saudi Arabia to invest in Bank Sharia Indonesia, the nation's largest sharia compliant bank It could also...

Qatar could make $20 billion from hosting soccer World Cup next year

  The figure of $20 billion represented 11 percent of the country’s gross domestic product in 2019 The construction and...

Palestinians cancel deal to trade vaccine doses with Israel

The Palestinian Authority said it cancelled the deal as the doses were "about to expire" Palestinian spokesman Melhem said they...

Chinese jab added hurdle for some African visitors to EU

  Travelers to Europe must be inoculated with the AstraZeneca, Johnson & Johnson, Pfizer/BioNTech and Moderna vaccines The Chinese vaccines...

Lebanon seizes drugs from a shipping container headed for Saudi Arabia

The consignment of millions of amphetamine pills was hidden in a shipping container Saudi Arabia had banned imports of fruit...

Bahrain’s Batelco looks to dual list on Tadawul, could be first to do so

  Bahrain’s biggest telecommunications firm has hired the investment arm of Samba Tadawul has been trying to encourage Middle Eastern...

Arab countries vie with each other in $200 billion green hydrogen race

    With its abundant sunlight and wind resources, the Middle East could be the hub of renewable energy The...

Abu Dhabi Police warns against fraud, scam calls requesting bank data

  The police have warned people not to fall for small text messages that simulate government institutions Fraudsters obtain information...

US cutting forces, missile batteries in Middle East

  The move comes as President Joe Biden's administration seeks to ease tensions with Iran The US military is rapidly...

Economic forum in Amman to enhance trade ties between Iraq, Jordan

AMMAN, JORDAN - The Iraqi Business Council, in collaboration with the Jordanian and Amman Chambers of Industry, is set to...

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Egypt sells MENA’s first ‘sustainable panda bonds’ in US$500m issue

Cairo, Egypt--Egypt has issued the first sustainable Panda bonds in the Middle East and North Africa worth $500 million with...

Global CEOs rank political uncertainty as biggest risk to business

Dubai, UAE-- CEOs from around the world consider geopolitics and political uncertainty as the greatest risk to the growth of...

Nakilat profit jumps 4.8%

The company's profit swelled to US$327 million in Q3 of 2023.

Most Read

GCC states post 7.3 percent GDP growth in 2022: Albudaiwi

Marrakech, Morocco-- In spite of economic disruptions, policymakers in the GCC countries have successfully alleviated the economic ramifications of the...
  • The secretary general was speaking at the Arab governors' meeting with the President of the World Bank Group, Ajay Banga, in Morocco
  • He warned that economic challenges present a risk to the mutual objective of a poverty-free world characterised by sustainable development

MSNBC takes top three Muslim presenters off air

Dubai, UAE--American cable channel MSNBC has quietly taken three prominent Muslim journalists “out of the anchor’s chair” since the onset...
  • MSNBC quietly took Mehdi Hasan, Ayman Mohyeldin, and Ali Velshi “out of the anchor’s chair” after the war broke out on October 7
  • The channel did not broadcast its scheduled Thursday night episode of The Mehdi Hasan Show on the streaming platform Peacock

Phoenix set for IPO on ADX

It is the first crypto entity to be listed on a Middle East bourse.
  • The firm specialises in a range of services, from high-performance computing to crypto and cloud mining, data centre hosting, crypto trading, and crypto mining products
  • The IPO on Abu Dhabi Securities Exchange would be the first privately owned crypto and blockchain entity to be listed on a Middle East stock market