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.

Masar signs $82m land deal

Agreements signed with Abdulmohsin Al Rossais & Sons Group.

  • Sharjah, UAE -- Real estate deals worth more than AED 1.4 billion ($381 million) were inked at ACRES 2024, organized...

  • "Technologies such as Generative AI presents new security challenges. The rise of automated spear phishing necessitates reevaluating our trust heuristics....

    Generative AI is driving a surge in sophisticated spear phishing, automating attacks via social media scraping and credential stuffing, transforming the cybersecurity landscape.

    The emergence of tools like WormGPT and FraudGPT on the dark web, coupled with cybercrime's ranking as the world's third-largest economy, is fueling innovative phishing techniques.

  • Alpha Facilities Contracting Company has awarded the contract.

    The contract was awarded a project by Alpha Facilities Contracting Co., an affiliate of Al Fanar Group, to provide catering services at a residential complex in NEOM.

    It is expected that the financial impact of this partnership will begin as of Q1 2024, which will contribute to strengthening the group’s business.

  • Paris, France - Forty years ago Steve Jobs revolutionised personal computing by launching the Apple Macintosh, the first PC with a...

    The first Mac came with 128 kilobytes of memory space, one million times less than top-of-the-line MacBooks today

    Apple paid a whopping $800,000 ($2.5 million in today's money) to air the one-minute ad, seen by 77.6 million TV viewers

  • Kwon, who co-founded Terraform in 2018, was arrested last year in Montenegro and is awaiting extradition to the United States...

    Kwon faces fraud charges in both countries related to the crash

    According to the filing, Kwon holds 92 percent of Terraform's shares

  • The Saudi giant will develop the US$6.4bn plant in Fujian.

    SABIC will own 51% of the project and Fujian Fuhua Gulei Petrochemical Co. Ltd. will have 49% ownership of the joint venture

    The company said that the complex will consist of a mixed feed steam cracker with an annual ethylene capacity of up to 1.8m tons

  • It pulled out of the US$10bn merger of its Indian operations.

    According to media reports, Sony had sent a termination notice to Zee and that a formal announcement was expected soon

    The reports said that Sony cited conditions of the merger agreement not being met as the reason for the decision

  • Doha, Qatar--The Qatar Chamber (QC) discussed ways to enhance cooperation and exchange expertise with Korean companies in agriculture and food...

    The discussion between the chambers and Hyundai Research Institute (HRI) centered upon ramping up ties in the agriculture sector

    A chamber official emphasized the status of Qatar as a leading investment destination and how it can become a hub for food security

  • This year, emerging markets, led by the UAE, issued record bonds against declining yields and expected rate cuts by major...

    This year, emerging markets, led by the UAE, issued record bonds against declining yields and expected rate cuts by major central banks.

    According to Kamco Invest, this surge is driven by a combination of factors including geopolitical tensions and evolving economic challenges.

  • PARIS, FRANCE - The Paris Fashion Week menswear shows draw to a close on Sunday. Here are some of the highlights...

    Celebrity presence has always been a big part of the fashion game, with sporting tie-ups playing an increasingly big role.

    New York label KidSuper scored big by convincing Brazilian footballer Ronaldinho to walk the catwalk.