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.
  • Kuwait -- Kuwait Oil Company announced on Saturday that it has upgraded its five-year digitalization strategy, which will contribute to...

    The upgrading of the strategy will also enhance safety and security, and help manage risks in a better way, Deputy CEO for gas and innovation at KOC Bader Ahmad Al-Munaifi said.

    "KOC will announce a roadmap for digitalization and launch a massive database during a conference on June 18," he said.

  • The conference -- being held under the theme "Collaborating for Prosperity" -- aims to strengthen the Arab-Chinese friendship and foster...

    The conference -- being held under the theme "Collaborating for Prosperity" -- aims to strengthen the Arab-Chinese friendship and foster a shared prosperous future

    China is now the largest trading ally of Arab nations with a trade exchange of $430bn in 2022, a 31 percent increase from 2021, with Saudi Arabia leading the league

  • Beijing, China -- Dinner, drinks and a selfie with Lionel Messi sounds like every football fan's dream, but Chinese police have...

    The Argentine legend's presence in China for a friendly against Australia in the capital on Thursday has drawn scammers and ticket-scalpers desperate to c on Messi mania.

    For 50 million yuan, Messi will appear on your shopping livestream to extol the virtues of your product, another unauthorized advertisement claims.

  • Recycling, in rebel-controlled Syria, is rather a grim lifeline than environmental impulse for desperate residents searching for work or items...

    In northern Idlib province, workers at a factory making mats and rugs churn out brightly coloured recycled plastic

    The mats made from recycled plastic cost between $5 and $15, while traditional Persian-style rugs are around $100

  • Riyadh, Saudi Arabia-- In order to ensure compliance with the goals of Saudi Arabia's Vision 2030, the National Industrial Development...

    According to NIDLP, the program continues to work diligently to achieve the desired results under the plans emerging from the Saudi Vision 2030

    The program looks to maximize and diversify the economic impact in the four sectors, achieving sustainability and creating attractive investment environment

  • Doha, Qatar-- Qatar Finance and Business Academy and Morgan International have signed a memorandum of understanding (MoU) to provide training...

    The agreement between the two will provide individuals and organizations with training and upskilling solutions to enable them to operate within the country's financial market

    Qatar Finance and Business Academy looks to support the process of localization in Qatar through its programs by providing the labor market with professional leaders

  • London, UK-- Saudi Arabia and the UK have held discussions to boost trade and economic partnership between the two countries....

    Saudi Commerce Minister Dr. Majid Al-Qasabi met with several British ministers and leaders of major companies in London to discuss expansion of business ties

    The Saudi delegation presented the programs of the kingdom's Vision 2030 to expand business opportunities and investments between the two countries

  • Abu Dhabi, UAE-- The UAE and Turkey economic ties have witnessed a great leap in the last decade with non-oil...

    Raw gold topped the list of the five most key commodities imported by the UAE from Turkey in 2022, with a value of $4.35 billion

    The UAE and Turkey inked an agreement in March this year, which looks to scale up trade between the two countries to US$40 billion in five years

  • Despite global economic challenges such as the crisis, inflation, and high interest rates, the GCC banking sector has shown impressive...

    Despite crises in US and Europe, the GCC banking sector has shown significant growth, aided by rate hikes and digitalization, says Commercial Bank of Kuwait CEO Elham Mahfouz

    Kuwait's banking industry recorded a 37% profit increase in 2022, and is making strides in adopting AI and supporting sustainability initiatives, she tells TRENDS in an interview

  • ISTANBUL, TURKEY - UAE President Sheikh Mohamed bin Zayed Al Nahyan  arrived here on Saturday for a working visit and...

    The UAE and Turkish presidents discussed their shared interest in advancing sustainable economic growth and social development.

    Both the leaders applauded the recent progress witnessed in UAE- Turkey relations and discussed the benefits of CEPA.