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
  • Seoul, South Korea--South Korea's exports of eco-friendly vehicles surged 32.5 percent year-on-year to a record high during the first 11...

    According to the Korea Automobile and Mobility Association, the export of automobiles came to 662,307 units during the January-November period

    The export volume of eco-friendly cars last year reached a record high of 554,000, and the value also hit an all-time high of US$1.61 million

  • ABU DHABI, UAE - The Federal Tax Authority (FTA) has issued a new guide outlining the criteria to determine natural...

    The guide provides a comprehensive and simplified explanation and instructions for natural persons earning in the UAE.

    The FTA emphasized the importance of understanding the comprehensive content and definitions outlined in the guide.

  • NEW YORK, US - Artists under siege by artificial intelligence (AI) that studies their work, then replicates their styles, have teamed...

    Created in just four months, Glaze spun off technology used to disrupt facial recognition systems.

    Glaze essentially outthinks AI models when it comes to how they train, tweaking pixels in ways indiscernible by human viewers

  • Dubai, UAE -- Hamriyah and Deira ports have reported 62,454 customs declarations, totaling AED 12.133 billion ($3.30 billion), with 19...

    Khor Customs Centre and Deira Port successfully prevented an attempt to smuggle 243 kilograms of narcotics into the country.

    An advanced container X-ray inspection device, supporting increased inspection operations, is operational at te Hamriyah Port Customs Centre.

  • Hong Kong - The government of Oman’s targets to expand local green hydrogen production could support key credit metrics, such as...

    The government aims to raise renewable energy-based hydrogen production to at least one million metric tonnes (mt)/year by 2030.

    Local state-owned enterprise Hydrogen Oman (Hydrom) signed six investment agreements, worth over US$38 billion, with partners in 2023.

  • Dubai, UAE -- The Arkiz Agricultural Project in Mauritania, which has been financed by the Saudi Fund for Development (SFD)...

    The project will improve the efficiency of Mauritania's water, irrigation and drainage facilities, while delivering agricultural equipment and potable water to farmers.

    Since 1979, the fund has contributed toward 20 development projects in Mauritania, at a value of over $665 million.

  • The emirate recorded a total of 3,785 real estate transactions worth AED 16.6bn ($4.51 billion) during the week ending 22...

    The sum of the amount of mortgaged properties for the week was 2.29bn, with the highest being a land in Al Safouh Second, mortgaged for AED 509.2 million.

    A total of 216 plots were sold for AED 4.91bn 2,729 apartments and villas were sold for AED 7.49bn. A total of 257 properties were granted between first-degree relatives.

  • Manama, Bahrain--Export Bahrain and Hong Kong Trade Development Council (HKTDC) have signed a strategic partnership agreement to strengthen trade ties...

    The agreement between the two sides looks to foster mutually beneficial trade and economic cooperation

    As per the dea, both sides will facilitate access to a wide range of opportunities for enterprises in both countries

  • "The UAE's success in establishing a fully regulated carbon market, integrating carbon regulation to manage and trade emissions effectively, providing...

    Nadim Najjar of LSEG highlights UAE's commitment to net-zero emissions and sustainable practices.

    Strategic alliance between ADX and LSEG exemplifies a commitment to sustainability, he adds.

  • This year, the GCC region has solidified its technological leadership, with AI, blockchain, and the metaverse leading the charge in...

    In 2023, the GCC region has solidified its technological leadership, with AI, blockchain, and the metaverse leading the charge in transforming various sectors.

    The GCC's 2023 tech journey has been marked by significant strides in sustainable technology, cybersecurity, and a bold entry into space exploration.