Agthia 9M profit nearly triples

Third-quarter revenue increased 14.4 percent.

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

Iraq virus surge strains health system after Covid unit fire

The country reports highest number of Covid cases this month at 9,635 Nearly 1.5 million Covid-19 cases have been reported...

Inflation delays start of Turkey’s rate cuts

Turkey's central bank has left its policy rate unchanged for the fourth month running as a spike in inflation to...

UAE opens embassy in Tel Aviv in latest normalization move

The UAE opened an embassy in Israel on Wednesday in Tel Aviv's new stock exchange building as part of the...

Griffith Foods and IFFCO joint venture debuts in Middle East

Griffith Foods and the IFFCO Group are launching a joint venture in the Middle East to make and sell food...

Adnoc joins international hydrogen council

Adnoc has been granted entry into the Hydrogen Council, through which it expects to produce greener fuel

TotalEnergies gets $34m financing from APICORP, NBF

TotalEnergies has secured a $34 million debt from the Arab Petroleum Investments Corporation and the National Bank of Fujairah (NBF)...

ADFD provides $15 million concessionary loan to Rwanda

Rwanda has signed a loan agreement with ADFD to get a loan of AED55 million, or around $15 million, for...

EGA starts 2nd phase of Al Taweelah smelter expansion ahead of schedule

Emirates Global Aluminium (EGA) has announced the start-up of the second phase of its expansion to Al Taweelah smelter in...

UAE, US review countermeasures to deal with financial crimes

A delegation of UAE banks meets a US Treasury official to discuss issues related to financial crime compliance in combating...

Fossil fuel power demand has ‘peaked worldwide’

Electricity generation from fossil fuel has peaked worldwide as emerging markets are increasingly opting for cheaper renewable technology.

UAE energy ministry awards DEWA for research, innovation

DUBAI, UAE - Dubai Electricity and Water Authority (DEWA) has been awarded first place in UAE Ministry of Energy and...

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Trakhees reports 22 percent H1 growth in commercial licensing business

Dubai’s Department of Planning and Development, Trakhees, the regulatory arm of the Ports, Customs and Free Zone Corporation, has completed...

Jordan elected to global body to end plastic pollution

Jordan won the direct election to become a member of the Intergovernmental Negotiating Committee to End Plastic Pollution, which is...

Jordan, Tunisia explore higher education cooperation

Jordan Minister of Education, Higher Education and Scientific Research Wajih Owais on Tuesday met Tunisian ambassador in Amman Khalid Suhaili...

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DEWA alert service reduce 217,370 tons of carbon emissions

Dubai Electricity and Water Authority (DEWA) has announced that its High-Water Usage Alert service has helped to reduce 217,370 tons...
  • DEWA's High-Water Usage Alert service sends instant notifications to customers to quickly conduct necessary maintenance to reduce wastage
  • These alert services helped identify 1,062,781 water leakage reports, 23,199 defects, and 11,566 cases of increased load

Kuwait appoints Nasser Al-Hein as permanent envoy to UN

Nasser Al-Hein has enjoyed a prolific diplomatic career, having represented his country in a slew of international  events over the...
  • Al-Hein submitted his credentials to Tatiana Valovaya, head of the UN Office in Geneva
  • The UN official while accepting the Kuwaiti diplomat's credentials praised the country's humanitarian devotion and its ties with the UN

Iraq, US discuss efforts to combat money laundering, terror funding

The Governor of the Central Bank, Mustafa Ghalib, received the US Ambassador to Iraq, Alina Romanowski, and her accompanying delegation.
  • The Governor of the Central Bank, Mustafa Ghalib, received the US Ambassador to Iraq, Alina Romanowski, and her accompanying delegation
  • Ghalib reviewed the efforts of the Central Bank to support development through monetary policy means and the direct impact of its initiatives