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

  • The United Arab Emirates is set to host three healthcare events next week in Dubai where over 4,000 healthcare professionals...

    Over 4,000 healthcare professionals and participants are expected to attend.

    Around 140 expert speakers will deliver 110 scientific sessions and over 40 participating countries will also be present.

  • The decision comes right after President Recep Tayyip Erdogan said the central bank would keep cutting rates every month for...

    The Turkish central bank said it was cutting its one-week repo rate to 10.5 percent from 12 percent

    President Erdogan wants interest rates to lower down to single digits by the end of the year

  • Riyadh, Saudi Arabia--Aramco said on Thursday it has launched Taleed program to accelerate the growth of Small and Medium Enterprises...

    Aramco said the program targets sustainable SME growth across multiple sectors through a portfolio of 20 initiatives.

    It also aims to deliver funding and financial solutions to existing and new businesses through five funds, with a combined capital exceeding $800 million.

  • American Airlines third quarter revenues rose to $13.5 billion.

    American scored a 13 percent jump in revenues compared with the 2019 period on high ticket prices.

    US carriers have begun to prosper in 2022 as more governments pare back restrictions.

  • Dubai Electricity and Water Authority (DEWA) recorded substantial growth of 22 percent in investments allocated to transmission substations during the...

    From January this year to June 2022, DEWA commissioned a new 400 kV transmission substations.

    Now the total number of 400 kV transmission substations in Dubai has risen to 26.

  • The profit touched $931m in the first nine months of 2022.

    The bank said in a bourse filing that it recorded a profit of $746 million in the same period of the last year

    SABB said the rise in associate earnings also contributed to the results

  • The game merges Nintendo's Mario, the Italian plumber who has given his name to an entire universe of games, with...

    The first game in the series, "Mario + Rabbids: Kingdom Battle", has garnered more than 10 million players since its release in 2017, said Manzanares

    The idea of fictional universes colliding is far more developed in cinema franchises and comic books than in video games

  • The decline came amid reports of economic slowdown.

    There were over 6.5 million shares traded by 11:37 a.m. local time, with the average volume on the stock declining since it was listed

    The decline came in reaction to fears of an economic slowdown amid tighter monetary policy, causing global financial markets to see volatility

  • Tesla watchers are expecting a strong fourth quarter.

    The electric vehicle (EV) maker scored a more than doubling of profits in the third-quarter to $3.3 billion on increased auto deliveries

    The results follow Tesla's disclosure earlier this month that deliveries and production grew solidly in the third quarter

  • Having spent months trying to break free of the $44 billion buyout contract, Elon Musk now says he is "excited"...

    Musk said that he believes Twitter has potential to be worth "an order of magnitude" more than it is now

    Twitter, meanwhile, has sought to prove Musk was contriving excuses to walk away -- simply because he changed his mind