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

  • In 2021, Turkey's economy rebounded from the COVID-19 pandemic to grow 11.4 percent.

    In 2021, Turkey's economy rebounded from the COVID-19 pandemic to grow 11.4 percent

    The Turkish Statistical Institute will announce Q3 GDP growth data at 0700 GMT on Nov 30

  • Non-oil trade exchange between the UAE and Cameroon grew by 33.5 percent between 2012 and 2021, reaching $522 million by...

    The total non-oil trade exchange between 2012 and 2021 stood at $4.95 billion, according to figures of the Federal Competitiveness and Statistics Centre

    Non-oil trade between the two countries reached $406 million in the first nine months of this year

  • The events aim to focus on the rights of the child and the duties of states and societies in order...

    The events aim to focus on the rights of the child and the duties of states and societies in order to protect and care for them

    Sponsored children, including children with disabilities, participated in several activities in Pakistan, Bosnia, Djibouti, Yemen, Somalia, Albania, Tunisia, Kosovo, and Turkey

  • The Egyptian economy has been hard-hit by the coronavirus pandemic and the war in Ukraine.

    The Egyptian economy has been hard-hit by the coronavirus pandemic and the war in Ukraine

    The package would allow Egypt to open '‘new financing channels with regional and international organizations''

  • The Non-performing Debt Relief Fund will settle the money owed by Emiratis to 17 banks and institutions.

    The Non-performing Debt Relief Fund will settle the money owed by Emiratis to 17 banks and institutions

    Al Suwaidi said that the waiver falls within the UAE leadership’s keenness to ensure a decent life for all UAE nationals

  • More than 400 migrant workers died in labor accidents in Qatar in the build up to the World Cup, according...

    Migrant workers make up more than 2.5 million of Qatar's 2.9 million population

    Qatar has also introduced a minimum wage of 1,000 riyals ($260) and restricted hours in which workers can go out in extreme heat

  • The bloc's exports of halal products equaled US$275 billion, while their imports totaled US$338 billion last year, says the 2022...

    The bloc's exports of halal products equaled US$275 billion, while their imports totaled US$338 billion last year, says the 2022 Annual OIC Halal Economy Report

    While OIC countries remain import reliant for the food, pharmaceuticals and cosmetics sectors, they are net exporters of apparel and footwear products, it adds

  • The EU announced the discovery of a sophisticated US$2.3-billion VAT tax fraud that triggered raids in 14 countries, including France,...

    Prosecutors uncovered a network of "criminal activities" operating in almost all 27 EU member states.

    These activities also operated in Albania, Britain, China, Mauritius, Serbia, Singapore, Switzerland, Turkey, the United Arab Emirates and the United States.

  • BERLIN, GERMANY - Russian missile strikes on energy infrastructure in Ukraine constituted a "war crime", German Justice Minister Marco Buschmann...

    A Russian campaign of missile strikes has severely damaged Ukraine's energy infrastructure.

    The members of the G7 group of industrial democracies had to cooperate to combat war crimes.

  • Bank will use funds for core business, give cash to investors.

    The large sale comes after UK-listed HSBC faced calls from biggest shareholder Ping An Insurance Group to cut costs and shift more resources to Asia.

    The Canadian divestment is expected to be completed in late 2023.