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 consumer price index, a key gauge of inflation, logged its smallest annual increase in nearly a year, fueling optimism...

    The Federal Reserve has embarked on an all-out campaign to cool demand in the world's biggest economy

    It raised rates six times this year with interest-sensitive sectors like housing already reeling from tightening policy

  • Called Dr. Nabat, the application is a result of collaboration between ICBA and the University of Barcelona.

    Called Dr. Nabat, the application is a result of collaboration between ICBA and the University of Barcelona

    The application is designed to aid smallholder farmers and extension specialists in spotting crop disorders at early stages

  • IMF chief Kristalina Georgieva has regretted the shortage of funds needed to help low-income countries tackle the impacts of climate...

    She said that the IMF expects more members to commit resources "so we don't end up having to ration support for countries"

    WTO Director-General Ngozi Okonjo-Iweala stressed the importance of supply chains when it comes to building resilience in developing countries

  • The report cited recent economic indicators suggesting strong growth has been maintained in most activities.

    The report cited recent economic indicators suggesting strong growth has been maintained in most activities

    The tourism sector, which accounts for around 6% of the UAE’s GDP, experienced strong growth, the report said

  • Montreal, Canada-- Creating a new global fund for biodiversity -- a core demand of developing countries at UN talks in Montreal...

    COP15 draft targets include a cornerstone pledge to protect 30 percent of the world's land and seas by 2030, eliminating harmful fishing and agriculture subsidies

    Dozens of countries, led by Brazil, India, Indonesia and African nations, are demanding financial subsidies of at least $100 billion a year until 2030

  • Doha, Qatar - Qatar posted a budget surplus of QR 30 billion ($8 billion) for the third quarter of 2022,...

    Total revenues for this quarter amounted to $22 billion, of which $21 billion came from oil and gas

    Total expenditures in the quarter amounted to $14 billion, of which $4 billion was spent on salaries and wages

  • Saudi Arabia's GDP witnesses 9.3 percent increase in the third quarter of this year as the rally in oil prices...

    The International Monetary Fund expects Saudi economy to expand by 7.6% in 2022

    The UAE's economy is experiencing sustained momentum in 2022, says OPEC

  • Sudan signed an initial US$6 billion deal led by United Arab Emirates' AD Ports Group and Invictus Investment to build...

    The Abu Amama port, to be built north of the existing key hub of Port Sudan, will include an industrial zone.

    The signing came a week after Sudan's military and civilian leaders inked an initial accord aimed at ending the crisis since last year's military coup.

  • The bank's Fitch A ratings bonds were listed on Nasdaq Dubai.

    The new listing highlights Nasdaq Dubai's significant role in strengthening links between the capital markets in Dubai and China.

    Bank of China's Dubai branch has issued the 2025-maturing bonds at a yield of 4.84 percent.

  • ABU DHABI, UAE - Members of the Consultative Council of UAE's Financial Restructuring Committee (FRC) has met with experts from...

    The meeting was held virtually and sought to discuss the latest updates on amendments to the bankruptcy law.

    The meeting discussed the proposed amendments to the bankruptcy law in terms of public policy.