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 aim is to establish multiple logistics zones in the Kingdom.

    The objective is to establish logistics zones that will enhance efficiency of the sector, improve service quality and generate additional job opportunities.

    This initiative is expected to strengthen the role of the logistics sector in supporting the national economy.

  • Abu Dhabi, UAE – UNCTAD's 8th World Investment Forum came to a close on Friday in Abu Dhabi with a...

    The week-long event saw the convergence of 8,000 participants, including government officials, international organizations, policymakers, 700 CEOs and investors

    Held against the backdrop of a fragmented global economy, the forum addressed the profound impact on global trade and investment

  • The automaker made sales to the tune of US$83.5bn in Q3.

    The automaker's operating profit for the quarter also increased, to around $5.19 billion, on an operating margin of 6.2 percent.

    The company's sales saw a 20-percent jump in Western Europe, delivering 2.34 million vehicles over the July-September period

  • Its revenues rose 77% to US$92m in the same period.

    The company's revenue from contracts climbed 77% in Q3, surging from $58.43 million to $92 million

    Its CEO and MD Fouad Darwish said they expect Q4 to "a healthy growth year for Palms Sports"

  • With the support of Vision 2030 projects and a surge in real estate lending, the banking sector's performance in the...

    With the support of Vision 2030 projects and a surge in real estate lending, the banking sector's performance in the Gulf region has been commendable, says a report

    Despite challenges such as intricate transactions and the demand for universal standards, the potential of financial technology and green financing is immense, it adds

  • BEIRUT, LEBANON -  Lebanon's national carrier on Friday said it was cutting more than half of its flights as tensions along...

    Only eight of the Middle East Airlines company’s 22 planes would operate as of next week, with the rest of the fleet relocated to other airports.

    Other airlines, including Swiss International Air Lines and Germany's Lufthansa have already temporarily suspended Beirut flights,

  • Dubai, UAE -- The Department of Culture and Tourism - Abu Dhabi (DCT Abu Dhabi) and Microsoft have signed an...

    Activities under the MoU will also drive growth, foster innovation and enhance knowledge among DCT Abu Dhabi employees.

    The MoU spans across the optimization, automation, and modernization of IT and security infrastructure and will be enabled by Microsoft’s cloud computing platform Azure.

  • SHARJAH/ ABU DHABI, UAE -  Air Arabia announced the launch of a new route operating between Sharjah and Giza city...

    The non-stop flights will connect Sharjah International Airport with Giza and will have a frequency of five weekly flights.

    British Airways announced that it will launch daily flights from London to Abu Dhabi next year.

  • They will establish a logistics zone in King Abdulaziz

    The zone will provide major logistics services, unique solutions, integrated services, and environmental systems, including warehouses and yards.

    It will also include a warehouse and re-export area to provide sorting, regional distribution, and value-added operations.

  • Maryan Apparel in the southern state of Kerala said it had supplied around 100,000 uniforms to Israel's police force for...

    Statement of Maryan Apparel said that a strike on a hospital and the "loss of thousands of innocent lives" in the conflict had prompted the decision

    According to the statement, the Indian firm will fulfil its existing commitments to Israel, which end in December, but will not take new orders