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

  • The United Arab Emirates is followed by Qatar (60), Kuwait (61), Bahrain (69) and Oman (71) on the Henley Passport...

    The United Arab Emirates is followed by Qatar (60), Kuwait (61), Bahrain (69) and Oman (71) on the Henley Passport Index

    The Henley & Partners' list is one of many that rank passports based on their ability to provide access to their citizens

  • Gulf International Bank (GIB) said on Sunday that it has closed a $625 million sustainability-linked syndicated loan (SLL), making it...

    The deal makes it the first majority Saudi-owned bank to close such a facility.

    The deal was oversubscribed by more than two times with $1 billion commitments from 20 global investors.

  • Turkey’s pine honey harvests — especially in the Mugla region — were already suffering from drought when the wildfires hit....

    Turkey as a whole makes 92 percent of the world’s thick, dark pine honey

    The Mugla region, where 80 percent of Turkey’s pine honey is produced, has been ravaged by fire and floods

  • Saudi Arabia is planning to invest US$36bn in logistics and aims to become a regional hub for the shipping sector,...

    Saudi Arabia is planning to invest US$36bn in logistics and aims to become a regional hub for the shipping sector, a position enjoyed by the UAE for many years

    The UAE has 10 major ports followed by Saudi Arabia (9), Qatar, Oman and Bahrain (5 each) and Kuwait (3)

  • More than 50,000 visitors have been to Egypt’s pavilion at Expo 2020 during the first week of the gala event...

    Egypt’s industry and trade minister: Turnout meant the pavilion was one of most attractive for visitors

    Interactive displays show the developments that Egypt is witnessing in all fields

  • The creativity of Jordanian youth was celebrated with the opening of the country’s pavilion at Expo 2020 Dubai.

    The displays were built by young people from Jordan

    The ceremony was attended by Jordanian, Arab and foreign officials and community members

  • Investors include Area Tech Holdings and FirstPartyCapital.

    The funds will be used to finalize Evorra's B2B SaaS audience marketplace.

    Evorra offers a solution to the death of third-party cookies so that brands can be custodians of their customer’s marketing data.

  • "It brings me great joy and pleasure to officially announce the official launch of FTA negotiations between GCC countries and...

    The UK already enjoys strong economic links with the nations of the GCC, comprised of Saudi Arabia, the United Arab Emirates, Qatar, Bahrain, Kuwait and Oman

    Trade between the UK and the Gulf nations topped 30 billion pounds ($41 billion) in 2020, according to the British government

  • Facebook did not provide details on the cause or scope of the problems, which caused users to flock to Twitter...

    Facebook did not provide details on the cause or scope of the problems, which caused users to flock to Twitter to voice frustration

    Hundreds of millions of people were unable to access Facebook, Instagram or WhatsApp for more than six hours on Monday

  • The region’s average real GDP per capita is forecast to increase by only 1.1 percent in 2021 after declining an...

    Thirteen out of 16 countries in the region will have lower standards of living in 2021 than their pre-Covid levels.

    Pandemic losses are calculated by comparing where the region’s GDP would have been if the pandemic had not hit, the bank said.