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
  • Riyadh, Saudi Arabia -Saudi Arabia has approved the establishment of duty-free markets, when necessary, at air, sea and land ports...

    The decision will allow sales to travelers coming to and departing from the Kingdom. 

    The Saudi Cabinet also reviewed the Kingdom's participation in G20 ministerial meetings, held in Bali.

  • A delegation from Saudi Arabia's Royal Commission for AlUla (RCU) visited Petra on Tuesday to advance cooperation between the two...

    PDTRA Chairman briefed the Saudi delegation on the authority's efforts to develop tourism in Petra.

    The delegation toured the rose-red city and looked firsthand at the Petra By Night program, the flying taxi and other projects.

  • Muscat, Oman---The government of Oman issued Treasury Bills worth Omani Riyal 40 million (US$103 million) for a period of 91...

    The average accepted price reached RO 99.419 for every RO 100, and the minimum accepted price arrived at RO 99.270 per RO 100.

    Treasury Bills are short-term highly secured financial instruments issued by the Ministry of Finance.

  • European and US stocks rose Tuesday, but gains were capped by economic slowdown fears and central bank efforts to contain...

    European and US stocks rose Tuesday, but gains were capped by economic slowdown fears and central bank efforts to contain surging inflation.

    Frankfurt rebounded somewhat despite news that Germany's industrial orders slumped for the sixth consecutive month in July.

  • The US$217.4m contract covers construction of 808 villa sets.

    The projected date of completion of the projects at Tilal Al Ghaf is mid-2024.

    A key highlight of Tilal Al Ghaf is its central recreational lagoon bordered by white sandy beaches.

  • The Abu Dhabi Judicial Department (ADJD) has achieved a record surge in total notarization and authentication transactions carried out in...

    There were 13,000 notarization and authentication transactions operations in August.

    The availability of multiple electronic options for submitting and completing transactions remotely helped in the increase.

  • UAE's Ministry of Health and Prevention (MoHAP) has taken part in the G20 Health Working Group (HWG3) meeting in Indonesia...

    The UAE ministry's delegation highlighted the importance of promoting solidarity among member states to better meet essential health needs.

    The delegation said UAE is ready to cooperate with Indonesian officials to expand vaccine manufacturing and research hubs for pandemic prevention.

  • The 16 agencies -- dpa, AFP, AGERPRES, ANSA, APA, ATA, Belga, BTA, EFE, Europa Press, FENA, HINA, MIA, STA, Tanjug and...

    The hope is that by working more as a network, the agencies' pooled resources will provide a deeper understanding of European news to readers in their home national markets.

    Journalists from the smaller European agencies will share workspaces in Belga's Brussels headquarters and offices near EU headquarters, as well as training opportunities.

  • The company achieved the 500,000-boed milestone this year.

    In 2017, Mubadala Energy shifted its strategy to natural gas, a transition that saw the company realize key projects.

    Other major gas projects include Mubadala Energy's operated Pegaga gas field in Malaysia.

  • A week after the airline was forced to cancel all flights due to a pilots’ walk-out on Friday, affecting 130,000...

    The pilot union is seeking a 5.5 percent wage increase by the end of the year, automatic compensation for inflation and adjustments on its salary grid

    Lufthansa has said the entire package sought by Cockpit would raise pilot personnel costs by 40 percent or $900 million