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
  • The Saudi Authority for Industrial Cities and Technology Zone (MODON), has teamed up with Mohammed Bin Laden Co. to develop...

    The city located in Bahrah, a town  in Makkah province, is a step to empower  the industry and increase the local economic activity in GDP terms by 65 percent

    MODON was established in 2001 to develop industrial lands with integrated services

  • The second richest man in Egypt, Sawaris has said that the Egyptian government should act only as a regulator of...

    Sawiris built his fortune in telecommunications by investing in mobile networks in countries such as Bangladesh, Iraq and Pakistan.

    The military's economic reach has grown under President Sisi's leadership, partnering up with firms such as the Sawiris family's Orascom. 

  • Indian police have charged executives from Amazon's local arm over claims the US retail behemoth's online portal was used to...

    Two men were arrested last week with 21 kilograms (46 pounds) of the drug in central Madhya Pradesh state and told officers they were using Amazon's India platform

    They admitted to shipping their crop by falsely marketing it as stevia leaves, a natural sweetener, according to a police report

  • More than 55,000 new business licenses were issued during the first ten months of 2021 by the Business Registration and...

    According to a report by the Business Registration and Licensing sector, 59% of the new business licenses issued were professional, and 41% were commercial

    Among the legal forms of the new licenses issued, the report showed that Sole Establishment companies topped the list with 38%

  • Mohsen Saqer Hussain will serve as an advisor to the Board.

    The Board said Muwaffaq Mansour Jamal will be the delegated CEO of the company from 17 Dec.

    Hussain quit due to family circumstances that require his presence outside the kingdom.

  • Tadawul is looking to raise up to $1 billion from its initial public offering (IPO), after setting the price range...

    Tadawul appointed SNB Capital as the lead manager, financial advisor, book-runner, Global Coordinator and underwriter for the initial public offering

    while J.P. Morgan Saudi Arabia, and Citigroup Saudi Arabia were appointed as financial advisors on the offering of 36 million shares of Saudi Tadawul Group Holding Co

  • Development of drainage stations, water treatment plants, pumping, and rainwater drainage networks in several parts of Doha.

    Qatar expects 1.5 million visitors for the World Cup

    Flooded roads due to rain is a problem which confronts people in Doha

  • There had been 'extraordinary' progress, including the introduction of a minimum wage and improvements to working conditions and accommodation, says...

    There has been 'extraordinary' progress, including the introduction of a minimum wage and improvements to working conditions and accommodation, says Khater

    Qatar will hold the first World Cup in the Middle East a year from now, in eight stadiums in and around the capital Doha

  • Lewis Hamilton maintained the momentum from last week's stunning win in Brazil to claim pole for the inaugural Qatar Grand...

    Max Verstappen, who leads his Mercedes rival by 14 points with three races to go, will start alongside Hamilton on the front row on Sunday

    Hamilton's teammate Valtteri Bottas posted the third quickest time under floodlights at the Losail circuit to fill the second row with Pierre Gasly for Alpha Tauri

  • The United Arab Emirates has given three proposals to the International Maritime Organization (IMO), supporting the reforms undertaken by IMO...

    The reforms were introduced during the meetings of the IMO Council, where the UAE has a Category (B) membership

    Through this move, the country hopes to keep pace with global changes and technological developments