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

Amazon Warehouse launches in the UAE, delivers up to 60% discounts

All Amazon Warehouse products are backed by a 15-day return policy Prime members in the UAE can get their Amazon...

S&P forecast: GCC funding needs will fall to 5 percent of GDP in 2021

60 percent of the deficit relates to the region's largest economy, Saudi Arabia S&P predicts central government deficits will reach...

Energy deals top list as Bahrain issues $1.6bn tenders in Q1 2021

Majority of tenders issued are part of Bahrain’s $32 billion infrastructure development plans Oil and gas $767m, aviation $382m, construction...

DFM net profit climbs 124 percent

Its board has proposed a cash dividend of US$76.24m.

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Iran proposes to Saudi Arabia to set up working group for visa cancellation

Riyadh, Saudi Arabia--Iran has proposed to Saudi Arabia to set up a working group to look into the idea of...

Saudi Fund for Development and Seychelles sign US$25m loan agreements

Riyadh, Saudi Arabia-- The Saudi Fund for Development (SFD) has signed two loan agreements with Seychelles to support the social...

Qatar and Libya sign MoU to boost cooperation in civil aviation

Tripoli, Libya-- Qatar and Libya have signed a memorandum of understanding (MoU) to boost cooperation in the field of civil...

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Producer Baz Luhrmann to be head of jury at Red Sea International Film Festival 2023  

JEDDAH, SAUDI ARABIA - The Red Sea International Film Festival has said that internationally renowned writer, director and producer Baz...
  • The festival's third edition will take place from November 30 to December 9 in Jeddah.
  • The event will showcase movies from filmmakers from the Arab region, Asia and Africa.

Red Sea Global teams up with Bear Grylls Survival Academy

Riyadh, Saudi Arabia--Red Sea Global (RSG) will become the exclusive agent for Bear Grylls Survival Academy (BGSA) bringing the world-famous...
  • The collaboration between the two promises to offer outdoor enthusiasts the opportunity to learn key team building, wilderness education and survival skills
  • Red Sea Global looks to recurit and train local outdoor enthusiasts in the art of survival and expedition leadership, creating hundreds of jobs for Saudis

Iran exports goods worth US$9.1bn to BRICS nations from March to August

Tehran, Iran--Iran has exported 27.7 million tons of goods worth $9.1 billion to BRICS member countries from March 21-August 21,...
  • Some 70.3 million tons of non-oil goods worth $43.5 billion were traded between Iran and the rest of the world during the same period
  • The top five export destinations for Iran's non-oil goods were China ($5.6bn), the UAE ($2.3bn), India ($845m), Russia (361m) and S. Africa ($51.5m)