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

UN Secretary-General on state visit to Lebanon

The reports said that he will pay tribute to the victims of the Beirut Port blast, and also undertake field...
  • UN Secretary-General will meet with Government officials including President Michel Aoun, Speaker Nabih Berri, and Prime Minister Najib Mikati
  • Antonio Guterres will travel to southern Lebanon to visit the UN Interim Force in Lebanon and tour parts of the Blue Line

US$20bn Jeddah Central Project launched

The project envisions the creation of a world-class destination overlooking the Red Sea in the heart of Jeddah.
  • The project envisions the creation of a world-class destination overlooking the Red Sea in the heart of Jeddah
  • It is expected to achieve an estimated added value of SR47 billion riyals for the Kingdom's economy by 2030

Kuwait denies withdrawing driving permits of expats

The ministry said in a statement that the personnel were actually engaged in routine upgrade of the licenses' data system.
  • The ministry said in a statement that the personnel were actually engaged in routine upgrade of the licenses' data system
  • It warned that illegal permits will be withdrawn and the involved person would be subject to legal procedures

Arab forum discusses building capacity of cities to face climate change

The forum was held in conjunction with the 38th session of the high-level Arab Ministers of Housing and Construction.
  • The forum was held in conjunction with the 38th session of the high-level Arab Ministers of Housing and Construction
  • It also discussed new Arab vision towards urban development characterized by safety, justice, resilience and sustainability

UAE and US discuss regional, defense issues at annual Joint Military Dialogue

Top UAE and US military officials discussed regional and defense issues in Washington as part of the annual Joint Military...
  • Top military officials of the two countries also discussed counterterrorism and international maritime security.
  • The discussion was part of the annual Joint Military Dialogue.

Tributes pour in as UAE businessman Majid Al Futtaim passes away

Tributes pour in as the death of the leading Emirati businessman Majid Al Futtaim was announced on Friday. Al Futtaim,...
  • Sheikh Mohammed bin Rashid Al Maktoum hailed him as 'one of Dubai's most important' business leaders
  • In April 2021, Forbes’ 35th Annual World Billionaires named Majid Al Futtaim among the world's top 10 richest Arabs

Ajman Free Zone partners with AlHabbai

One of the pact's aims is easing access to residence visas.
  • Providing more competitive features and choices for medical examinations part of the partnership.
  • AFZ committed to exploring and establishing partnerships with various sectors to deliver unified and efficient services to investors, said the director general.

World Arabic Language Day on December 18

This year’s theme is “Arabic Language, a bridge between civilizations."
  • The Arabic language has been celebrated on December 18 since 2010
  • This date being chosen because it was the day in 1973 when the UN General Assembly approved Arabic as an official language

Plan to support 1.6 million Palestinians in 2022 in Gaza and West Bank launched

A $510 million Humanitarian Response Plan was launched on Thursday to support 1.6 million of the most vulnerable people in...
  • The plan was launched by the Humanitarian Coordinator for the occupied Palestinian territory, Lynn Hastings.
  • The needs analysis on which the Plan is based estimates two in every five Palestinians will require some sort of humanitarian assistance in 2022.

Emirates receives its 123rd, and final, Airbus A380 superjumbo jet

Emirates today received delivery of its 123rd Airbus A380 superjumbo jet. The aircraft, registered as A6-EVS, is also the final...
  • Emirates said it was the first airline to announce an order for the A380 at the 2000 Farnborough Air Show, when the aircraft was still marketed as the A3XX.
  • The aircraft received features the airline's latest cabin products including Premium Economy, said the CEO.

Air Arabia launches non-stop flights between UAE’s Sharjah, Egypt’s Giza

SHARJAH/ ABU DHABI, UAE -  Air Arabia announced the launch of a new route operating between Sharjah and Giza city...

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UAE calls Borrell’s ‘jungle’ remark as ‘racist and disappointing’

"Borrell’s remarks are a disappointing development that comes at a time when all parties are aware of the importance of...

World Cup boom pushes some Qatar residents out of homes

More than one million football fans are expected to descend on the capital Doha during the November-December tournament, putting a...

Saudi to target 11 decisions for Emiratisation program by 2022 end

Riyadh, Saudi Arabia---Saudi Arabia will target 11 new decisions for Emiratisation program in project management, procurement, food and drug sectors...

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UAE contributes $25 million toward Al Makassed Hospital in East Jerusalem

Abu Dhabi, UAE---The United Arab Emirates will contribute $25 million toward Al Makassed Hospital in East Jerusalem in collaboration with...
  • At Al Makassed Hospital , it is expected that more than 130,000 people will benefit from its health services.
  • Sultan Mohammed Al Shamsi, Assistant Minister of Foreign Affairs, said the agreement reflected UAE's historic commitment to Palestinians.

Saudi Top to list on Nomu

The company will list 880,000 ordinary shares via an IPO.
  • According to a bourse filing, this represents around 22 percent of Riyadh-based Saudi Top’s share capital
  • The end price of the offering is expected to be determined once the book-building process for the offering has been completed

Kuwait chooses new ministers for oil and foreign affairs

Kuwait City, Kuwait— Kuwait has brought in a new oil minister in a new cabinet reshuffle after the September elections....
  • Salem Abdullah Al-Jaber Al-Sabah was appointed as foreign minister and Ammar Muhammad Ammar Al-Ajmi was given the minister of state for housing and urban development
  • The first parliament session after the September elections in Kuwait has been postponed to Oct. 18