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
  • ABU DHABI, UAE - Abu Dhabi Airports Monday said that in Q3 2022 passenger traffic totaled 4.7 million passengers, a...

    Abu Dhabi International Airport handled 144,083 tonnes of air freight in Q3 2022.

    Third-quarter statistics confirm that 49,046 Air Traffic Movements (ATMs) were recorded across the five airports.

  • Doha, Qatar---Qatar's merchandise trade balance recorded a surplus of QR 25.1 billion ($6.8 billion) in October this year, an increase...

    The trade balance, which is the difference between total exports and imports, however, decreased by 6 billion riyals, or 19.2 percent, compared to September 2022.

    Merchandise imports increased to about QR 12.9 billion, an increase of 45 percent compared to October 2021, and an increase of 14.3 percent compared to  September.

  • The Hague, Netherlands—Police have dismantled a huge drugs "super-cartel" that controlled a third of Europe's cocaine trade, arresting 49 people in...

    The EU's policy agency said the huge international operation seized 30 tonnes of the drug and also involved arrests in France, Spain, Belgium and the Netherlands

    Europol said Dubai had arrested two "high-value" suspects who are linked to the Netherlands, another two linked to Spain and two more connected to France

  • Amman, Jordan— Jordan has seized a big haul of drugs being smuggled into the kingdom from Syria in two different...

    Border guards at the Jaber border crossing, Jordan’s main border crossing with Syria, on Sunday seized 10,000 Captagon pills and 1 kg of crystal meth hidden inside a truck

    A day earlier the Eastern Military Zone in Jordan seized 564 palm-sized sheets of hashish, 20,000 Captagon pills, a Kalashnikov rifle and ammunition

  • Riyadh, Saudi Arabia—The Arab Monetary Fund has signed a $1 billion agreement with the Yemeni government to shore up the...

    The program seeks to contribute to backing efforts made to implement reforms to strengthen the financial status of the Yemeni government,

    It seeks to promote comprehensive and sustainable economic growth, create job opportunities and push sustainability of Yemen's economy

  • Investors are now looking ahead to the release of US jobs data at the end of the week, which could...

    China-linked stocks took the brunt of selling, with Hong Kong's Hang Seng Index down two percent and Shanghai off one percent

    The prospect of a hit to demand in the world's biggest crude importer hammered oil prices, with both main contracts down more than two percent

  • The market capital gained about $0.60 billion to close at $35 billion, amid transactions worth $0.08 billion.

    The market capital gained about $0.60 billion to close at $35 billion, amid transactions worth $0.08 billion

    The broader EGX 70 EWI index of the leading small and mid-cap enterprises (SMEs) increased by 1.37 percent, ending at 2,550.95 points

  • Appealing to guilty parties to hand themselves in and return all the money, the prime minister of Iraq has revealed...

    The scandal has provoked widespread ire in Iraq, an oil-rich country ravaged by endemic corruption

    According to a document from the country's tax authority, the colossal sum was allegedly expropriated between September 2021 and August this year through 247 cheques

  • Ninety percent of Egyptian LNG exports will be destined for European Union countries, El Molla said.

    Ninety percent of Egyptian LNG exports will be destined for European Union countries, El Molla said

    He said the companies will focus on reducing emissions from production operations while stepping up their activities

  • It is logical for the FRB to halt the wave of escalation of interest rates on the dollar, which was...

    The Federal Reserve may reverse its policies and reduce interest rates to ensure preservation of the US and global economies, says an economist

    It is logical for the Fed Reserve to pursue it policy in halting the wave of escalation of interest rates on the dollar, Qatar-based Bashir Al Kahlout adds