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.
  • During their conversation, Netanyahu said I hope you find within the confines of the First Amendment, the ability to stop...

    The conversation, which was broadcast on Musk's X platform, came as the Tesla tycoon is mired in row with the Anti-Defamation League

    The main topic of the conversation between the Israeli Prime Minister and Elon Musk was the potential fallout from artificial intelligence

  • The WSJ's report, released on Monday, cited anonymous sources stating that while talks between Tesla and Saudi Arabia were in...

    In a post on platform X, Musk labeled the WSJ's article as "utterly false," although he refrained from providing further details on the matter

    Musk's statement in August last year about this expansion led to widespread speculation regarding the locations of the upcoming facilities

  • Riyadh, Saudi Arabia-- The Airports Council International (ACI) for Asia-Pacific and the Middle East has established its first office in...

    The office was inaugurated by the kingdom's Minister of Transport and Chairman of the Board of Directors of the General Authority of Civil Aviation, Saleh Al-Jasser

    He said that the opening also aligns with the strategy aimed at strengthening air connectivity with countries worldwide, reaching 250 international destinations

  • The US grocery delivery start up set IPO price at $30 per share.

    The price valued San Francisco-based Instacart at around $10 billion -- down from $39 billion in 2021

    In the event of strong demand, the number of shares could climb to 25.3 million, raising $759 million for Instacart

  • Manama, Bahrain--Spire Technologies has obtained licenses from the Central Bank of Bahrain (CBB), authorizing it to operate as a fully...

    The banking fintech seeks to contribute to the growth of the digitally-led national financial ecosystem and widen its presence in the region

    It intends to provide users with full agency over business cashflows, offering a rich user experience as well as faster, secure payments

  • In order to boost trade and investment flows and private-sector collaboration, the UAE and Serbia have begun talks on Comprehensive...

    The bilateral non-oil trade in H1 reached US$57.6 million, surpassing the total recorded for the whole of 2020

    Until now, the UAE has successfully concluded CEPAs with India, Indonesia, Israel, Türkiye, Cambodia and Georgia

  • Abu Dhabi, UAE - Abu Dhabi Sports Council discussed business developments and plans for developing the sports sector here, local...

    The board reviewed the general financial budget for 2024, which reflects the strong performance of the council and its impact on the sports sector

    They also reviewed the strategic and operational performance report for the first half of 2023 and the performance indicators report

  • AJMAN, UAE – Real estate transactions in August achieved a growth of 61.5 percent compared to the same period in...

    The performance of the market and the exceptional figures recorded underscore the attractiveness of real estate investments in Ajman

    This is basically due to the growing demand for properties of all categories, price ranges and a comfortable lifestyle.

  • RIYADH, SAUDI ARABIA - The General Authority of Civil Aviation (GACA) said that national airlines in the Kingdom have issued...

    These compensations were given primarily to deal with issues such as delays, loss of luggage, flight cancellations.

    GACA aims to ensure that passengers are well-informed about their rights and can easily obtain refunds as per the regulations.

  • "President Erdogan called on Tesla to establish its seventh factory in Turkey," the Turkish leader's office said.

    Erdogan and Musk have held a series of meetings, developing a seeming friendship that they extended on Sunday in New York.

    Local reports said said Musk told Erdogan that his country was "among the most important candidates" for the new factory