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 Saudi firm's net profit rose 10% to $372m.

    However, the company's stock took a dip, falling 4.15 percent to end the session at SR53.10

    The company said positive revenue growth was also witnessed across all categories after the removal of COVID-19 movement restrictions and the re-opening of educational institutions

  • Khalil al-Balushi, one of Qatar's top football commentators, brings much-needed life to Qatar's subdued football culture.

    Born in Oman and based in Qatar for 16 years, Balushi says all Arab football commentators "are a little bit noisy"

    Since the 1990s, members of the royal family started pumping some of Qatar's natural gas riches into local clubs, which now vie for the best domestic players and foreign stars

  • The move marks a significant achievement for the Group

    The move marks a significant achievement in the Group’s transformation journey to a global technology and investment conglomerate

    Metaverse technology is in the early incubation stages, given that it needs high-bandwidth and low-latency communications to work at scale

  • Vehicle owners have faced increasingly long waits to fill up after two weeks of strikes by workers demanding higher wages...

    It runs a network of around 3,500 filling stations in France, nearly a third of the total, and most of them are low on fuel or even empty for some types.

    Currently three of Total's refineries are blocked, including its largest, in Normandy, as well as a fuel depot near Flandres in the north.

  • Riyadh, Saudi Arabia - Remittances from expatriates in Saudi Arabia saw a 13 percent year-on-year (YoY) decline to SAR 11.92...

    On a month-on-month (MoM) basis, remittances from expats in Saudi Arabia rose 3 percent, or SAR 323 million ($85.47m).

    Remittances by Saudi nationals to other countries grew 10 percent YoY to SAR 6.33 billion ($1.68bn) in August.

  • Dubai, UAE--- Non-oil trade of Dubai Airport Free Zone (DAFZ), part of the Dubai Integrated Economic Zones Authority (DIEZ), rose...

    DAFZ contributed 10.7 percent to Dubai’s non-oil trade in 2021, exceeding expectations across all sectors.

    Machinery, equipment, and appliances were the main contributor to DAFZ’s trade in 2021, making up 74.6 percent of exports.

  • Qatar plans to hike its imports of Jordanian food products during FIFA World Cup Qatar 2022 as demand is expected...

    Qatar relies heavily on Jordanian market for vegetables and fruits.

    Volume of Jordan-Qatar trade during the past 10 years amounted to over US$3.17 billion.

  • More than 15 countries and 670 companies in Asia have set (or are committed to setting) emission-reduction targets, thereby creating...

    Around $3.1 trn will need to be spent per year on average on physical assets for energy and land-use systems from 2020 to 2050.

    Vehicle electrification could contribute 10 to 15 percent of the abatement potential needed by 2050, lowering emissions by roughly six GtCO2e.

  • In a statement Sunday, Energean said that "following approval received from the Israeli Ministry of Energy to start certain testing...

    Israel has maintained that Karish falls entirely within its territory and is not a subject of negotiation with Lebanon.

    Energean said the tests would take many weeks, and are "an important step" towards extracting gas from the Karish.

  • French Prime Minister Elisabeth Borne starts a visit to Algeria with a top-level delegation, pushing for better ties with the...

    Ties between the North African country and France had seen months of tensions after Macron last year questioned Algeria's existence as a nation before the French occupation.

    The French PM is expected to sign deals on economic cooperation, including energy.