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

  • ABU DHABI, UAE -  UAE Ministry of Foreign Affairs and International Cooperation (MoFAIC) and Burjeel Holdings have signed a Memorandum...

    MoFAIC said that it seeks to enhance the quality of life via comprehensive and proactive health and therapeutic services.

    Burjeel Holdings said their healthcare professionals are committed to ensuring the well-being of MoFAIC's employees.

  • AJMAN, UAE -   Chairman of the Ajman Chamber of Commerce and Industry (ACCI) Abdullah Al Muwaiji discussed trade and investment...

    The meeting aimed to strengthen economic ties and promote Ajman as an attractive investment destination.

    The discussions focused on bilateral economic, trade investment relations, tourism, industry, trade, education, health.

  • Dubai, UAE -- A total of 3,105 real estate transactions worth AED9.1 billion ($2.47 billion) were conducted in Dubai during...

    The DLD report showed that 191 plots were sold for AED1.14 billion, and 2,284 apartments and villas were sold for AED6.03 billion.

    Al Hebiah Fifth recorded the top transactions for this week with 54 sales worth AED185.13 million, followed by MADINAT HIND 4 with 34 sales worth AED50.26 million.

  • Abu Dhabi, UAE -- Abu Dhabi Future Energy Company (Masdar) has signed an agreement with Uzbekistan’s Ministry of Energy (MoE)...

    Besides 2 gigawatts of solar and wind projects, 500 megawatt-hours of battery energy storage at multiple sites across the Central Asian country would also be developed.

    Uzbekistan plans to achieve 7GW of solar and 5GW of wind capacity by the end of the decade. Masdar’s portfolio in Uzbekistan includes the largest wind farm in Central Asia.

  • With 45 percent unemployment in Gaza, according to the International Monetary Fund, Khoudair's bees provide her with a job.

    Despite the dangers, the frontier's farmland offers some of the only areas in Gaza's densely-populated urban environment suitable for beekeeping

    With 45 percent unemployment in Gaza, according to the International Monetary Fund, Khoudair's bees provide her with a job

  • The investments this year account for 37 percent of the sector's total, and 17 percent of the total existing factories,...

    A spokesman of the ministry said in a statement that foreign investors had 930 factories in the kingdom, or 9 percent of the total with over SAR 71 billion investments.

    The number of factories totaled 10,910 with over SAR 1.46 trillion in investments in the five-month period this year.

  • Twitter called on Microsoft to identify all Twitter content that has been in its control during the past two years;...

    Microsoft stopped accessing Twitter data in April, opting not to pay fees Musk demanded developers pay for APIs that engage with the platform, according to the letter

    Elon Musk, the billionaire boss of Twitter last month fired off a Tweet accusing Microsoft of illegally using Twitter data to train artificial intelligence, writing "lawsuit time"

  • Riyadh, Saudi Arabia - Saudi Arabia’s Tourism Development Fund (TDF) has announced the signing of a Memorandum of Understanding with...

    The destinations may include beach and urban hotels, as well as mountain, desert and farm retreats

    They will be developed under Hyatt’s existing trademarks, such as Alila Resorts, Park Hyatt, Grand Hyatt etc

  • A pragmatic framework for cooperation has been established between the two entities, fostering an ongoing exchange of views on mutual...

    OPEC Secretary-General Haitham Al Ghais emphasizes the importance of the dialogue partnership with China, with a plan to reinforce and strengthen it

    A balanced framework for cooperation between OPEC and China has been established, facilitating an ongoing exchange of views on mutual energy issues, he says

  • Abu Dhabi, UAE - Bank investments in the UAE hit $147 billion by the end of February, the highest level...

    Held-to-maturity securities accounted for 42.5 percent of the total investments, reaching $52.4 billion

    The bank stock investments reached $3.3 billion in February, a rise of approximately 1.7 percent