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

  • The digital economy has become an important cornerstone of China's stable economic development, said the China Internet Development Report 2022.

    The digital economy has become a cornerstone of China's economic development, said the China Internet Development Report 2022 released during the WIC Wuzhen summit

    The summit also released the World Internet Development Report 2022 which revealed the digital economy in 47 countries reached 38.1 trillion U.S. dollars in 2021

  • Diplomats from developing nations criticised the persistent imbalance in climate financing which, within the UN framework, should be evenly split...

    In 2009, UN climate summit saw rich nations promise $100 billion a year by 2020 to Global South, but two years past that deadline the amount delivered is still $17 billion short

    As climate disasters have multiplied over the last decade, nations in the Global South have called for a separate financial facility for loss and damage

  • The law which will come into effect from January 2023 aims to increase UAE’s attractiveness as investment destination.

    The law which will come into effect from January 2023 aims to increase UAE’s attractiveness as investment destination

    It allows the creation of a package of incentives and enablers for the industrial sector that support national strategic objectives

  • Josep Borrell, the EU High Representative for Foreign Affairs and Security Policy, points out that since the Ukrainian crisis, an...

    The Ukrainian crisis has been a big push for the EU to understand the requirement of more renewables, especially the need to develop hydrogen, says EU official

    The European Union has a new strategy for more engagement and better partnership with the Gulf countries, the bloc's foreign policy chief Josep Borrell adds

  • Launched in 2005 by the WIEF Foundation, the WIEF is a global platform created to promote and discuss the latest...

    Launched in 2005 by the WIEF Foundation, the WIEF is a global platform created to promote and discuss the latest economic developments

    The Forum strengthens dialogue, exchanging of ideas and knowledge between senior government officials, academics, and business leaders from around the globe

  • Zuckerberg said the cuts represented 13 percent of Meta's workforce and would affect its research lab focusing on the metaverse...

    The tech industry is currently in a serious slump and several major firms have announced mass layoffs -- Twitter's new owner Elon Musk fired half its staff last week.

    Ad-supported platforms such as Facebook and Google are suffering from advertisers' budget cuts as they struggle with inflation and rising interest rates.

  • Dubai, UAE---Dubai real estate market recorded realty deals worth AED2.2 billion ($598 million) on Tuesday, according to the data by...

    The deals include 544 sales transactions worth AED1.64 billion, in addition to 78 mortgage deals of AED590.54 million.

    Residential properties in the UAE remain a top priority for international real estate investors.

  • “Our job is to create jobs,” UNWTO Secretary-General Zurab Pololikashvili told tourism sector leaders at the World Travel Market.

    “Our job is to create jobs,” UNWTO Secretary-General Zurab Pololikashvili told tourism sector leaders at the World Travel Market

    The WTM offers a platform for public and private sector leaders, addresses tourism’s most pressing issues and sets the agenda for the years ahead

  • Offshore wind can be deployed at large scale, in short timeframes and at competitive cost, GOWA said in a statement....

    The Global Offshore Wind Alliance (GOWA) was set up by the International Renewable Energy Agency (IRENA), Denmark and the Global Wind Energy Council

    IRENA and the International Energy Agency (IEA) predict that offshore wind capacity will "need to exceed 2000GW in 2050, from just over 60GW today."

  • No financial terms were disclosed of the proposed deal.

    Bitcoin slid more than five percent, trading back under $20,000 before recovering.

    FTX's FTT token slumped 25 percent to its lowest levels since early 2021.