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
  • Various IPOs raised nearly $4.8 billion in the GCC in the first five months of 2022 alone, which was higher...

    IPOs in the Gulf prove resilient to the volatility hurting deals in other markets, such as high oil prices, stable economies, and abundant liquidity fuel activity.

    Significant privatizations and private growth companies are now entering the IPO markets due to the recent surge of PO activity and frameworks introduced to enable SPAC formation.

  • ABU DHABI, UAE - Experts from UK and the UAE participated in a Sci-Tech Virtual Tour of the Emirates science...

    The tour was launched to facilitate business-to-business introductions between stakeholders and investors.

    During the virtual tour, delegates discussed decarbonization, affordability, supply of renewable energy.

  • DUBAI, UAE - The Dubai Health Authority recently won the 'Best in Future of Operations' category at the International Data...

    DHA was recognized as an entity that has successfully rethought the ways in which its operations are managed keeping digital transformation in mind.

    IDC hosted over 200 senior IT and business leaders from across the UAE for the IDC DX Forum 2022.

  • World oil prices rallied after more easing of Covid containment measures in China and as a price cap on Russian...

    In currency trading, the dollar was mixed against its main rivals.

    The Kremlin insisted the cap would not affect Russia's military campaign in Ukraine.

  • Payment for settling graft claims against firm in DR Congo.

    The settlement with DRC is related to investigations by the country's authorities and the US Department of Justice, Glencore said.

    Glencore disclosed in 2018 that the US Justice Department had launched a corruption investigation linked to the group's business in Nigeria, Venezuela and DRC.

  • Europe's biggest economy, with its low birth rate, is crying out for labour, and many Tunisians, exhausted by years of...

    Numbers are still small but rising fast. Germany granted 5,474 work permits to Tunisians from January to October -- up from 4,462 in the whole of last year.

    Some employers offer contracts to help ease the visa process and even pay for six months of language tuition to help their future workers.

  • KUALA LUMPUR, MALAYSIA - Saudi Arabia on Monday became the sole bidder to host the 2027 Asian Cup after India...

    The Asian Football Confederation said in a statement that the All India Football Federation had pulled out from the selection.

    The statement did not provide any reasons for India's decision.

  • The least important factors reportedly are aesthetics of the company such as the logo and website design and positive media...

    The least important factors reportedly are aesthetics of the company such as the logo and website design and positive media presence

    7 in 10 respondents in the UAE find an employer attractive if they follow good ethics and practices, followed by friendly company culture

  • This strategy aims to eliminate all forms of gender-based discrimination.

    This strategy aims to eliminate all forms of gender-based discrimination

    It also aims to enhance women's participation in the labor market

  • Exports of non-plug-in hybrid cars were valued at €22.9 billion, which was more than half of the total extra-EU exports...

    Exports of non-plug-in hybrid cars were valued at €22.9 billion, which was more than half of the total extra-EU exports of hybrid and electric cars (55 percent)

    Electric cars are an important part of the energy transition and they are becoming increasingly popular, with international trade in hybrid and full electric cars on the rise