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.

  • Aim is to enhance trade between the UAE and Kazakhstan.

    The MoU is in line with the We the UAE 2031 vision aimed at strengthening bilateral economic relations between the two countries.

    The aim is to enhance economic ties in renewable energy, waste management, between the UAE and Kazakhstan.

  • Stock markets jumped after data showed US inflation slowed further in May, raising hopes the Federal Reserve will pause its...

    The dollar fell against other major currencies as the greenback usually benefits from higher interest rates.

    The US central bank has raised interest rates 10 straight times in efforts to combat elevated inflation.

  • ABU DHABI, UAE -  Hub71, Abu Dhabi's global tech ecosystem, on Tuesday announced the winners of The Outliers Program, which...

    Participating startups have been recognized for their innovative solutions in various challenges set by Hub71’s strategic partners as part of The Outliers.

    The winning startups were successful for the companies’ ability to implement innovative products and services that can have a positive impact.

  • DUBAI, UAE -  Dubai Electricity and Water Authority (DEWA) has commissioned six new 132/11 kV transmission substations from January to...

    The project included 3,450 meters of 132kV ground cable to connect with the main transmission network.

    The new transmission substations are in Al Jaddaf, Tilal Al Ghaf, Bani Yas, Jebel Ali Port, Marsa Dubai and Al Yufrah 1.

  • Arab nations have implemented several reforms to improve the ease of doing business. TRENDS take a look to determine the...

    Arab nations have implemented several reforms to improve the ease of doing business. TRENDS takes an in-depth look to determine the most business-friendly country in the region

    Business reforms have led to a significant increase in foreign direct investments, contributing to the growth of both the public and private sectors in the Arab countries

  • Riyadh, Saudi Arabia -- The 10th edition of the Arab-China Business Conference successfully concluded on Monday with the announcement of...

    The first day of the conference featured the signing of US$10 billion worth of investment agreements, spanning more than 30 deals across an array of sectors

    The conference featured 9 panels, 18 workshops, and several private meetings and hosted 150 speakers to explore, discuss Arab-Chinese economic cooperation

  • Dubai, UAE-- The UAE and South Korea are aiming to foster cooperation to promote entrepreneurship and support growth of small...

    The UAE's Minister of Economy, Abdullah bin Touq Al Marri, noted the strong business and strategic ties between the two countries, which continue to grow on many fronts

    South Korean FDI in the UAE, in insurance, mining, energy, real estate, touched US$2.2 billion in 2021, registering a staggering 73 percent growth since the beginning of 2013

  • Dubai, UAE--The UAE and Russia have held the second round of negotiations on the double taxation agreement on income and...

    The agreement is designed to provide protection to taxpayers from double taxation and remove bottlenecks on the path of trade and investment

    The UAE noted the importance of dialogue in fostering better bilateral relations with Russia, resulting in growth in trade, finance and investment

  • Riyadh, Saudi Arabia-- In order to boost the travel and tourism industry in the kingdom, Saudi Arabia will offer instant...

    The visa on arrival is just the latest step in Saudi Arabia's drive to make it easier for visitors to undertake a trip to the kingdom, boosting arrivals to 100 million by 2030

    The Saudi Tourism Authority has adopted digitization increasing accessibility and connectivity for visitors to enter the kingdom and enjoy its natural and cultural diversity

  • GCC banks, which are recognized for their sophistication and maturity, have minimal exposure to the ongoing global crisis due to...

    The Gulf banking sector's resilience and adaptability position it well to navigate the current global landscape, ensuring continued growth and stability, say experts

    GCC banks, which are recognized for sophistication and maturity, have minimal exposure to the crisis due to robust regulations by regional regulators, they add