Mashreq prices Dim Sum bond

UAE bank raises offshore renminbi funding

Aldar buys Sharjah homes

Deal adds 1,100-plus rental units

SIB profit up 9%

Higher income from financing and investment drive growth.

Masar signs $82m land deal

Agreements signed with Abdulmohsin Al Rossais & Sons Group.

Borouge okays $656m dividend

The company said dividend reflects its resilience

Top social media sites become haven for crypto fraud

Instagram accounts for 32% of all fraud cases on social media, followed by Facebook and WhatsApp as scammers find it...
  • Most recorded crypto scams originated on social media as investment fraud
  • Yet, few safeguards are in place to protect consumers from scams in the crypto market

Nothing should hold Arab women back: Suzy Kanoo

Not only Arab women but all women should not be fettered by anything in pursuit of their goals, the Bahrainian...
  • Kanoo is CEO and President of the  Khalil bin Ebrahim Kanoo Company and International Motor Trading Agency in Bahrain.
  • She is the author of ‘Hear Us Speak’, which encouraged many women to tell their stories.

Dubai tourism achieves robust growth in 2022

The sector recovered fast in the emirate after the easing of Covid-19 restrictions, registering a 203 percent increase in the...
  • The increased flow of tourists helped improve hotel occupancy across the emirate, which reached 76 per cent during the period, the highest globally in Q1.
  • Successful handling of the pandemic, a safe environment for travelers and world-class infrastructure have contributed towards the rising tourist inflow.

Regional projects vital for future, says Jordan’s King Abdullah

King Abdullah spoke about Jordan's Economic Modernization Vision for the next decade which seeks to sustain recovery the COVID-19 pandemic....
  • King Abdullah spoke about Jordan's Economic Modernization Vision for the next decade which seeks to sustain recovery from the COVID pandemic.
  • The vision plans for the coming years by capitalizing on opportunities in the Kingdom, especially amid the impact of the Ukrainian crisis.

GFH acquires housing portfolio

The acquisition is in partnership with GFH subsidiary Student Quarters.
  • Student housing assets are considered among the safest given prevailing inflation climate
  • The sector has exhibited strong performance throughout and following Covid lockdowns

GCC leaders condemn assassination of former Japan PM

Leaders of the GCC countries have expressed their shock and condemnation at the assassination of the former Japanese Prime Minister...
  • Abe was giving a speech for a candidate in Nara just ahead of Sunday's parliamentary elections, when a man shot him from behind with a handmade firearm
  • The UAE President Sheikh Mohamed bin Zayed Al Nahyan joined the world leaders in expressing his condolences and sympathy to the Japanese government and people

Reforms crucial to revive pandemic-hit culture sector

The sector also saw a decline of 25 percent of its Gross Value Added in 2020. However, while most of...
  • The culture was one of the most seriously impacted sectors globally due to COVID-19 pandemic, with more than 10 million jobs lost in 2020 alone
  • Revenues from the digital creative economy totalled US$2.7 billion globally in 2020, over a quarter of the sector’s overall revenue, says a report

UAE takes part in G20 Foreign Ministers’ meeting in Indonesia

UAE Minister of Foreign Affairs and International Cooperation Sheikh Abdullah bin Zayed Al Nahyan takes part in the G20 Foreign...
  • The G20 foreign ministers meeting is keen to tackle global challenges to achieve stability and prosperity
  • Such meetings help in promoting international cooperation to achieve sustainable development goals

Over 4,800 take part in Dubai corporate volunteering program

Over 4,800 employee volunteers participated in Dubai Chamber of Commerce’s 'Give & Gain 2022' initiative. Volunteers dedicated 17,460 hours across...
  • Volunteers dedicated 17,460 hours across projects benefitting more than 147,000 individuals
  • The month-long event is part of Dubai Chamber of Commerce ENGAGE Dubai corporate volunteering program

Saudi Esports Federation allies with ASUS Republic of Gamers for Saudi eLeagues

Gamers8, the largest esports and gaming event worldwide, takes place during eight weeks from July 14.
  • Gamers8, the largest esports and gaming event worldwide, takes place during eight weeks from July 14
  • The event features top esports action alongside a series of festivals, concerts, shows, and more

Real estate transactions worth over US$74m take place in Qatar in week

DOHA, QATAR  - The volume of real estate trading in the country in sales contracts at the Department of Real...

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dnata begins building warehouse

The facility will be capable of processing 100,000 tons of cargo annually.

Flynas passenger growth 91% in 2022

The airline launched 16 new destinations and 30 new routes.

DEWA’s new project cuts 44,000 tons of carbon emissions annually

The TESTIAC project was implemented to increase the electricity generation capacity of gas turbines during high ambient temperatures in summer...

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DEWA 9th Sustainability Report showcases its progress in sustainable development

DUBAI, UAE - The ninth Sustainability Report 2021 issued by Dubai Electricity and Water Authority (DEWA) highlights its efforts and...
  • The Sustainability Report 2021 introduces partners, relevant entities and all stakeholders to its performance and practices in sustainability.
  • The report demonstrates the progress made by DEWA, and its contributions to achieving the United Nations Sustainable Development Goals 2030.

Saudi grants almost 450,000 metric tons of oil to Yemen

AL-MAHRA, YEMEN - The second batch of the new Saudi oil derivatives grant of 4,491,000 metric tons of diesel was...
  • The grant comes as part of the Kingdom's support for the Yemeni people under the directives of Saudi King Salman and the Crown Prince
  • It also comes as an affirmation of the Saudi Arabia's keenness to achieve security, stability and development for the Yemeni people

Dubai conference explore ways to nullify environment challenges

This is especially important with the ongoing preparations for the UAE to host the 28th Conference of the Parties by...
  • Important topics at the conference included the application of membrane technology and nano-technology in water treatment
  • The conference brought together global researchers, decision-makers, academics, and experts to discuss environmental and sustainability issues