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
  • Swedish officials confirmed the September blasts which destroyed sections of the Nord Stream pipelines carrying natural gas from Russia to...

    Technical analyzes were continuing in order to "draw more reliable conclusions regarding the incident."

    Sweden's Prosecution Authority said that the investigation will show if anyone can be formally suspected of a crime.

  • Developing nations least responsible for global emissions are pushing rich polluters to agree at COP27 on the creation of a...

    Guterres said there was "clearly a breakdown in trust" between developed and emerging economies

    The deadlock on loss and damage is holding up agreement on a broad range of issues that nations are hoping to address at COP27

  • Qatar faces the challenge to accommodate 1.2 million fans expected to attend the FIFA World Cup.

    Qatar faces the challenge to accommodate 1.2 million fans expected to attend the FIFA World Cup

    More than 160 round-trip flights are scheduled daily from neighbouring Gulf countries to allow them to accommodate supporters

  • Algeria and Cuba have had friendly relations for decades, with the first Cuban doctors dispatched to the North African country...

    The announcement was made as Cuban President Miguel Diaz-Canel visited Africa's biggest gas exporter

    Algeria will grant Cuba a solar power plant and resume the supply of fuel to allow Cuba to restart power plants and stop the power cuts

  • Britain unveiled a painful budget with $65 billion of tax hikes and spending cuts despite confirming its economy was in...

    Finance minister Jeremy Hunt said the measures were needed to bring financial stability after recent markets turmoil.

    The pound had hit a record-low close to parity against the dollar in late September after Truss failed to reveal the impact of her tax cuts on growth and inflation.

  • Firm's result is seen as a gauge of Chinese consumer sentiment.

    The heavy net loss attributable to ordinary shareholders was primarily due to a decrease in market prices of its equity investments in publicly traded companies.

    Alibaba said it achieved revenue growth by "enhancing operating efficiency" as well as through the expansion of its logistics and services businesses.

  • Lebanese lawmakers failed for a sixth time to elect a successor to former president Michel Aoun, whose mandate expired last...

    There have been delays in electing previous Lebanese presidents.

    This year's vacancy comes as Lebanon is mired in an economic crisis that the World Bank has dubbed one of the worst in recent history.

  • RIYADH, SAUDI ARABIA - The Saudi Ports Authority (Mawani) won an award at the ninth edition of the Maritime Standard...

    The awards is an annual industry event that felicitates top performers in the shipping, ports, and related sectors in the Middle East and the Indian subcontinent.

    The award crowns Mawani’s efforts in revolutionizing the Saudi maritime ecosystem and facilitating global trade.

  • Firm posts FY 2021-22 net profits of around US$4.6 billion.

    Siemens Energy's loss-making wind turbine maker subsidiary, Siemens Gamesa, has faced huge struggles.

    Siemens Energy was spun off in 2020 from Siemens, which still owns a 35 percent stake.

  • Saudi officials are putting on 240 weekly flights linking the kingdom to Qatar, up from six normally, and easing overland...

    This year's World Cup in neighboring Qatar, by contrast, has the feel of a home game for Saudi fans as Doha is a mere two-hour flight from Jeddah

    Turkistani, a Saudi fan is ready to welcome his other fellow citizens in Doha, having stocked up on green-and-white t-shirts, plastic blowhorns, drums and balloons to distribute