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
  • Greater investment in sustainable food cold chains is needed to reduce hunger, provide livelihoods to communities and adapt to climate...

    These systems are critical to maintaining the quality, nutritional value and safety of food.

    An estimated 14 percent of all food produced for human consumption is lost before it even reaches consumers.

  • A high number of residential and commercial units delivered in 2022 means tenant retention will become more critical, and rental...

    In a report, real estate advisory firm JLL said that the residential sector was the highest performer “within construction asset awards”.

    The influx of high net worth individuals to the UAE, especially Dubai, and Golden Visa have also boosted the real estate market.

  • The G20 health ministers have agreed to establish a pandemic fund.

    The fund will be commonly used to fix the health system and close the budget gap for the following five years.

    Up to 20 donor countries and three philanthropists have expressed willingness to contribute to the effort to raise "pandemic fund" totaling US$1.4 billion.

  • The adaptation and agriculture thematic day at COP27 focused on how the world will feed eight billion people.

    A series of sessions and initiatives shed light on pathways forward on adaptation and climate resilient agriculture.

    The focus comes at a particularly challenging year for food security.

  • Mozambique has started exporting liquefied natural gas (LNG) produced in the country's restive north, President Filipe Nyusi said. The first...

    Mozambique has set high hopes on vast natural gas deposits - the largest ever found south of the Sahara.

    Estimates have shown that once all the gas deposits were tapped, Mozambique could become one of the world's 10 biggest exporters.

  • The kingdom is among the world’s leading phosphate exporters, along with China, the US, Russia and Morocco.

    The kingdom is among the world’s leading phosphate exporters, along with China, the US, Russia and Morocco

    The oil-rich country plans to increase capacity by 50 percent to produce 9mn tonnes of phosphate fertilisers a year

  • United Nations, US—Reiterating their pledge to continue providing aid to Afghanistan, Qatar and Kuwait have said they will continue to...

    Sheikha Alia Ahmed said that Qatar has made peace and development a priority of its post-war engagement in Afghanistan, particularly the issue of empowering women and girls

    Bader Al-Daihani said that Kuwait has provided $92 million in humanitarian aid to Afghans

  • The Queen explained that the global refugee crisis has reached "epic proportions" with the number of displaced people around the...

    The Queen explained that the global refugee crisis has reached "epic proportions" with the number of displaced people around the world now exceeding 100 million

    Launched in 2018, the Paris Peace Forum convenes yearly with the aim of contributing to bridging the governance gap by bringing together multiple stakeholders

  • The Kingdom has moved from ambition to action during the past two years to empower people, protect the planet and...

    The Kingdom has moved from ambition to action during the past two years to empower people, protect the planet and shape new horizons, says Saudi minister

    The COP27 in Egypt, COP28 in the UAE next year and the Saudi Green Initiative are all opportunities that we can move forward, says UAE minister Mariam Almheiri

  • The Ministry of Climate Change and Environment (MOCCAE) introduced the second edition of the UAE Green Business Toolkit in partnership...

    The move aligns with the UAE’s pathway to net-zero and supports sustainable economic development.

    The UAE Green Business Toolkit 2.0 seeks to benefit from the business sector's increasing awareness about the importance of achieving net-zero.