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

SIB profit up 9%

Higher income from financing and investment drive growth.

  • The relations between the Arab world and China have touched new highs particularly after China launched the Belt & Road...

    Bilateral trade between China and GCC increased 180 percent from US$68bn in 2009 to US$190bn in 2019

    Gulf imports from China totaled US$10 bn in clothing, textiles, and fabrics, accounting for 66 percent of Arab trade with China

  • Aramco, with this partnership, will focus on driving sustainability in the region through digital transformation.

    The partnership will help Aveva establish its largest digital hub, with R&D capability, in the Middle East

    It will also enrich Saudi Arabia’s knowledge economy by incorporating research from prominent universities across the kingdom

  • Empower is servicing 3,850 RT at the skyscraper.

    DMCC was keen to build the Uptown project according to the Leadership in Energy and Environmental Design gold standards

    As a result, it is now supplied with environmentally friendly cooling services of sustainable global standards

  • The airport City Central Park is designed as a botanical garden.

    The Airport City in Jeddah is coming up adjacent to King Abdulaziz International Airport

    It is being projected as an upcoming destination for visitors from across Saudi Arabia and the GCC region

  • That amount reportedly equals 87 percent of the total budget allocated to a credit line for agricultural mechanization.

    The money has been used to supply agricultural machinery, tools, and equipment

    These have been supplied in fields like horticulture, livestock, poultry, and aquaculture

  • Although other regions around the Mediterranean produce soap from donkey milk, this is the first for Jordan

    Although other regions around the Mediterranean produce soap from donkey milk, this is the first for Jordan

    Donkey's milk is said to be rich in minerals and proteins that can help moisturise the skin

  • Bahrain’s central bank has revealed that cashless transactions in the country has surged 50 percent to $744 million in August, after...

    The total number of payments made online and through point-of-sale (POS) machines reached 11.3 million during the month

    The first half of the year saw a total of 53 million cashless payments valued at $3.62 billion, posting a 45.6 percent growth rate

  • Hyundai is stepping up the pace of developing hydrogen technology and plans to offer engines powered by the fuel on...

    From 2023, Hyundai's third generation of fuel cells will be half the price, much smaller and more powerful than their predecessors

    "We aim to help foster a worldwide hydrogen society by 2040"

  • Company also creates regional structures, each headed by a VP.

    While Aramex Express will handle the business-to-consumer (B2C) operations, the Aramex Logistics will serve the business-to-business (B2B) segment.

    Each region in new structure will be led by a regional vice-president.

  • Demand for food in the Gulf Cooperation Council (GCC) will reach 52.4 million metric tons (MT) by 2025, up from...

    The UAE and Saudi Arabia account for 75 percent of the GCC’s food consumption and demand for specific sectors is growing

    GCC governments have also been investing across international farmlands in Ethiopia, Madagascar, Mali, Serbia, Sudan, Zambia, Tanzania to establish strong trade relations and incre