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

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.

Palestinians count cost of Israel’s West Bank raid

Palestinians held funerals and assessed the damage of a days-long Israeli raid in the occupied West Bank, where violence has...

Qatar looks to upgrade ties with British Rail, discusses collaboration opportunities

Qatar Railways Company discussed collaboration opportunities with the United Kingdom’s trade delegation of railway experts and companies. The discussions involved...
  • The discussions involved collaboration across the full spectrum of customer experience, maintenance and operations
  • The delegation received a briefing on Qatar Rail projects and shared information with Qatar Rail about its capabilities

Working with partners to understand cause of monkeypox: WHO

World Health Organization (WHO) has said that it is working closely with 'partners' to  better understand the extent and cause...
  • According to a WHO statement the virus is endemic in some animal populations in a number of countries
  • There are about 80 confirmed cases so far, and 50 pending investigations

Qatar Amir confirms deal on gas supply to Germany

Qatar, Amir said, plans to supply liquefied natural gas (LNG) to Germany by 2024.
  • Qatar, Amir said, plans to supply liquefied natural gas (LNG) to Germany by 2024.
  • He expressed hope there will be a nuclear agreement with Iran, and Qatar was ready to help

MBRSC and EGA look to collaborate in field of research

Mohammed bin Rashid Space Centre and Emirates Global Aluminum (EGA) are looking to collaborate in research and the use of...
  • Al Marri was received at EGA's Jebel Ali site in Dubai by Chief Executive Officer Abdulnasser bin Kalban, and the company's leading technologists
  • The two parties discussed potential future synergies, including the use of EGA metal by the Mohammed bin Rashid Space Centre in constructing its next spacecraft

Qatar and Germany to boost cooperation in energy sector

Qatar and Germany have agreed to boost cooperation in the energy sector, and in this regard the two countries signed...
  • Qatar's Minister of State for Energy Affairs Eng. Saad bin Sherida Al Kaabi and German Minister for Economic Affairs and Climate Action, Dr. Robert Habeck signed the agreement
  • Germany aims to diversify its gas supply with the help of liquefied natural gas (LNG) in order to foster energy security during the transition period towards carbon neutrality

DP World exhibits petrochemical hub at Supply Chain Conference

Valued at AED21.4 billion, DP World UAE’s petrochemical hub accounts for 60 percent of Dubai’s total trade value in the...
  • Valued at AED21.4 billion, DP World UAE’s petrochemical hub accounts for 60 percent of Dubai’s total trade value in the sector
  • Jebel Ali Free Zone (Jafza) alone supports 4,100 port customers and is home to 565 companies from the petrochemicals sector

Al-Daghmi: Jordan is strong under its ‘wise Hashemite leadership’

Al-Daghmi said Hashemite leadership had built Jordan hand in hand with his sons to be a model in the Arab...
  • Al-Daghmi said Hashemite leadership had built Jordan hand in hand with his sons to be a model in the Arab region
  • Representative Obeid Yassin said that the Hashemite leadership was and still is the safety valve in the homeland

Emirates NBD, RSA sign agreement

The bank will distribute RSA Middle East's insurance products.
  • The partnership will help increase insurance penetration in the region by providing customers with accessible general insurance solutions, the two firms said in a statement.
  • The partnership will also focus on customer education and building awareness on the importance of insurance and its living benefits in everyday life, the statement added.

Top film bodies part of Saudi contingent at Cannes Festival

Saudi Arabia will participate in the 75th Cannes International Film Festival, which will be held during the period from 17...
  • A national pavilion supervised by the Film Commission will be part of the Saudi delegation.
  • The Saudi pavilion will host a session “The Reality of Arab Cinema” in the “Souk Cannes” region, organized by the Film Authority.

Dubai records $1.96 billion in weeklong real estate transactions

A total of 2,043 real estate transactions worth AED 7.2 billion ($1.96 billion) were conducted during the week ending 20...
  • A total of 228 plots were sold for AED1.14 billion, while 1,328 apartments and villas were sold for AED3.58 billion.
  • The amount of mortgaged properties for the week was AED2.28 billion, with the highest being a land in Al Muteena, mortgaged for AED 461 million.

Palestinians count cost of Israel’s West Bank raid

Palestinians held funerals and assessed the damage of a days-long Israeli raid in the occupied West Bank, where violence has...

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Natural disaster losses hit US$115 bn this year, says Swiss Re

GENEVA, SWITZERLAND - Natural catastrophes have caused an estimated US$115 billion of insured losses in 2022 to date, driven by...

Singapore has highest number of crypto job openings

Luxembourg has the second highest rate at 55.59 crypto jobs per million people.

Gulf countries seek to procure India’s BrahMos missile

Reports said that the UAE’s discussions with the Indian government to procure BrahMos are already in advanced stages.

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Muslim World League, Columbia University launch International Religions Lab

The lab will be a global platform for research and training in protecting societies from all forms of hatred.
  • The lab will be a global platform for research and training in protecting societies from all forms of hatred
  • Secretary General of the MWL Dr Al-Issa said it was important to create a world of more understanding, cooperation and peace

DMCC signs agreement with Poland’s KSEZ to boost business ties

Dubai, UAE— Dubai Multi Commodities Centre (DMCC) has signed an agreement with the Katowice Special Economic Zone (KSEZ) to create...
  • The agreement will see DMCC and KSEZ work closely together to exchange knowledge and professional expertise, in turn further connecting the two countries’ business communities
  • DMCC has played a significant role in enhancing UAE-Poland commercial relations and is currently home to over 40 leading Polish businesses

Strata announces new collaboration with Pilatus

The amended framework agreement with the leading Swiss aircraft manufacturer is set to further cement the collaboration between Pilatus and...
  • The amended framework agreement with the leading Swiss aircraft manufacturer is set to further cement the collaboration between Pilatus and Strata
  • Strata’s operations for Pilatus will be extended to feature 3 WPs for Pilatus PC-12 and PC-24, crafted with Strata’s signature use of Carbon Fiber