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

MENA region can create 10m jobs by 2050 via climate action, says ILO

DUBAI, UAE - International Labor Organization (ILO) Deputy Regional Director for the Arab States Peter Rademaker has confirmed that the...

UAE Chambers, Indian Ocean Rim Association explore enhancing cooperation

Humaid Mohammed bin Salem, Secretary-General of the UAE Chambers said that the UAE's private sector plays a pivotal role in...
  • Humaid Mohammed bin Salem, Secretary-General of the UAE Chambers said that the UAE's private sector plays a pivotal role in boosting cooperation with countries of the IORA
  • He made this statement during his meeting at Expo 2020 Dubai with the visiting Chair of the Indian Ocean Rim Business Forum (IORBF) Fazal Shaikh

Arab News joins hands with Arab Women Forum

Arab women leaders will share their success stories, challenges and opportunities at the Forum organized by Special Edition in Dubai...
  • Senior government officials, women business leaders, academicians, technocrats, and entrepreneurs are expected to participate in this year’s Forum
  • The Forum will discuss topics ranging from the image of Arab women to the issues with a quota system, workplace of the future, women entrepreneurs and Arab women in technology

Bahrain pledges $1 million as aid for refugees fleeing Ukraine

UN Secretary-General Antonio Guterres had called for resources to meet the increasing humanitarian needs in Ukraine.
  • Ukrainians and people from other nationalities, without discrimination, will benefit from the relief, said Bahrain's Royal Humanitarian Foundation.
  • The relief is also in response to an urgent appeal from the United Nations and the Regional Refugee Response Plan.

Dubai Airports launches ‘DAWN’ to empower women

Dubai Airports, the operator of Dubai International (DXB) and Dubai World Central (DWC), has announced the launch of the new...
  • The DAWN platform will provide a range of networking and knowledge sharing opportunities while contributing to Dubai Airports’ ability to maintain a balanced work environment
  • It was launched on International Women’s Day, which celebrates the social, economic, cultural, and political achievements of women

King Abdulaziz Port records highest daily container throughput

The King Abdulaziz Port in Dammam recorded the highest daily container throughput at Saudi ports by handling a total volume...
  • The port succeeded in achieving the feat through its integrated operational mechanism of maritime and logistical services.
  • The landmark milestone was reached when COSCO Shipping Capricorn with an overall length of 400m docked at the Dammam port.

Toolkit launched to help business fight illegal wildlife trade funding

The government of the UAE has worked with the UK government to launch a toolkit to support financial institutions in...
  • The illegal wildlife trade is the fourth-largest organized crime after drugs, human trafficking, and counterfeiting, costing $23 billion annually.
  • According to the WWF, approximately 20,000 African elephants are killed by poachers each year, and rhino poaching has soared since 2007.

Remittances: Ukraine flows may rise by 8 percent, Central Asian countries hit

Remittances to Ukraine, which were around 12 percent of its GDP and nearly three times the size of foreign direct...
  • Remittances were around 12 percent of Ukraine's GDP and nearly three times the size of foreign direct investment in 2021.
  • Azerbaijan, Armenia, Tajikistan, and Uzbekistan received more than 50 percent of their remittance inflows from Russia from Q1-Q3 2021.

Saudi Monsha’at launches portal for entrepreneurs

Young entrepreneurs in Saudi Arabia will now have access to the National Business Innovation Portal, providing them with necessary tools...
  • The Small and Medium Enterprises General Authority, also known as Monsha’at, and the King Abdulaziz City for Science and Technology unveiled the portal
  • The newly launched portal includes a set of specialized sections that guide business innovators through the stages necessary to bring a project to success

Sharjah Entrepreneurship Foundation discusses SMEs funding requests

The Project Finance Committee of the Sharjah Entrepreneurship Foundation (Ruwad) has approved AED300,000 finance for a project that will work...
  • The Foundation’s Project Finance Committee approved AED300,00 finance for a health fitness service program.
  • The total approved financing by the end of February amounted to AED33 million, of which AED14.4 million were directly financed by the institution.

Saudi Crown Prince inaugurates World Defense Show in Riyadh

Saudi Arabia's Crown Prince Mohammed bin Salman has inaugurated the four-day-long World Defense Show in Riyadh, organized by the General...
  • Over 590 global companies representing 42 countries are participating in the event
  • A number of national government agencies in the defense, military and security sectors are also among those taking part

Sidra Medicine, GlobeMed Qatar sign pact on medical services

DOHA, QATAR – Sidra Medicine and GlobeMed Qatar have signed an agreement to offer eligible insured members of payers contracted...

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Bahrain sees record voter turnout in general elections

Manama, Bahrain—At least 73 percent of voters have turned out to cast ballots in the 2022 Bahrain general election, the...

Jordan King and UK PM meet to discuss strategic relations

London, UK— King Abdullah of Jordan and UK Prime Minister Rishi Sunak have met in London to discuss the development...

Saudi Arabia raising phosphate fertilisers production

The kingdom is among the world’s leading phosphate exporters, along with China, the US, Russia and Morocco.

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Shamma bint Sultan becomes first person from Middle East to join CEMUNE

The CEMUNE works to foster deeper cooperation on key global challenges and has been recognised for contributing to regional and...
  • The CEMUNE works to foster deeper cooperation on key global challenges and has been recognised for contributing to regional and international achievements in sustainability
  • The UAE Special Envoy for Climate Change Dr Sultan bin Ahmed Al Jaber welcomed the collaboration between CEMUNE and UAE Independent Climate Change Accelerators

Kuwait to develop 400 projects on Saji Island

Kuwait City, Kuwait—Kuwait will set up more than 400 local development project on Saji Island, according to the acting director...
  • The Marina will allocate water taxis to transport visitors to and from the island from the city of Salmiya, as well as organize tours
  • Adel Al-Hasawi said that the national fund, which is overseeing the project, is looking to attract a variety of businesses to the island

‘Culture is prerequisite for peace in the world’

A robust cultural and creative sector remains at the heart of the UAE’s growth strategy and to give it a...
  • It is important to inculcate culture among our youth and allow them to explore creatively the bridging of their heritage with the opportunities of the future, says UAE minister
  • A robust #cultural and #creative sector remains at the heart of the #UAE’s #growth strategy, highlights Noura bint Mohammed Al Kaabi at the fifth edition of the Paris Peace Forum