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--The emirate of Abu Dhabi is looking to draw some 24 million visitors by the end of 2023,...

    In 2022, the Abu Dhabi hotel occupancy rate touched 70 percent as 18 million visitors trooped into the emirate, posting a 13 percent jump

    The emirate received the highest number of international visitors from India, Saudi Arabia, the United Kingdom, and the United States

  • Despite significant rise in SMEs across GCC, there is still room for improvement in terms of governance, bringing in external...

    Despite significant rise in small businesses across GCC, there is still room for improvement in terms of governance, bringing in external shareholders, says Rabih I. Khoury of MEVP

    Reducing political friction and achieving economic and political stability will help regain consumer confidence and encourage longer-term investments, adds Khoury

  • Rabat, Morocco - The UAE is keen to strengthen economic and trade relations with Morocco, in a way that enhances...

    The two sides discussed the importance of intensifying mutual investments in areas of technology, cyber security and artificial intelligence.

    They also discussed launching a new program to support agricultural investments and stimulating joint cooperation.

  • BRUSSELS, BELGIUM  - In the European Union countries, 75 percent (193.5 million) of people in the 20-64-year- age group were...

    The employment rate in the EU dropped to 72 percent in 2020 due to the COVID-19 pandemic.

    In 2022, the EU over-qualification rate was 22 percent, with 21 percent for men and 23 percent for women.

  • DUBAI, UAE - The 30th edition of Arabian Travel Market (ATM) will open Monday at Dubai World Trade Center (DWTC),...

    The event, on May 1-4, will see global travel, tourism, and hospitality experts discuss how their industry is ‘Working Towards Net Zero’.

    Exhibitor participation in the event has risen by 27 percent compared to last year’s event, with growth registered across all show sectors.

  • DUBAI, UAE - Dubai Electricity and Water Authority (DEWA) affirmed its commitment to achieve the 'We the UAE 2031' vision...

    "We harness all capabilities, technologies and digital solutions to strengthen the skills of our employees," DEWA CEO said.

    "We consider employees the main pillar for strengthening DEWA’s position as one of the most prominent utilities in the world," he said.

  • Suhail bin Mohammed Mazrouei, Minister of Energy and Infrastructure, said the UAE was keen to widen ties with Uzbekistan in...

    Al Mazrouei maintained that the UAE will continue to help Uzbekistan in achieving economic and investment goals

    President Mirziyoyev of Uzbekistan praised the UAE for supporting the Central Asian nation in its quest for growth and development

  • Akbar al-Baker, head of Qatar's tourism agency and Qatar Airways, said hotel occupancy in the months after a World Cup...

    Luxury hotels built for the tournament in Qatar have laid off hundreds of staff as rooms costing thousands of dollars a night during the tournament can no longer be filled

    Qatar has made investments in tourism and hosting more major events a focus and it will welcome more than five million visitors this year, says the head of Qatar's tourism agency

  • Tehran, Iran--Iran and the European Union traded $847 million worth of goods during the first two months of 2023, registering...

    Eurostat data shows Germany was the top trading partner of Iran in the EU region during the period, as the two countries exchanged $279 million worth of goods

    The Islamic Republic exports to the EU jumped to $1.08 billion in 2022 as against $904 million in the same period of last year

  • The announcement came as Musk has struggled, amid frequent controversy, to make Twitter profitable. The per-article approach, some Twitter users...

    Musk said the plan would begin next month, but provided no details on exact pricing or what cut Twitter would take

    It raises questions about how exactly he hopes to make the micro-payment approach work when others have failed