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
  • Global stock markets mostly moved higher as Americans headed to the polls in midterm polls. The dollar got back some...

    Investors are waiting on US inflation data due on Thursday for a pointer on the interest path ahead.

    The broader S&P 500 and tech-heavy Nasdaq wobbled around before moving higher.

  • AMMAN, JORDAN - Jordan imported about 405,550 barrels of crude oil from Iraq in October, an average of 13,000 barrels...

    Jordan had imported roughly three million barrels of Iraqi crude from September 2021 to October 2022.

    The crude oil was transported by 11,565 Jordanian and Iraqi tanker trucks.

  • DUBAI, UAE - UAE's Ministry of Health and Prevention (MoHAP) discussed with the Russian Ministry of Industry and Trade ways...

    The two sides discussed ways to encourage more Russian companies to transfer some of their production lines to the UAE.

    The two sides discussed exchange of medical expertise and ways to expand partnerships in the pharmaceutical sector between UAE and Russia.

  • Strong performance of the firm's agrochemicals division helped.

    Bayer reported US$84.9 million in profit in the third quarter of 2021.

    Sales rose by 5.7 percent, to more than US$11.18 billion.

  • DUBAI, UAE - The UAE-India joint technical committee for manpower held its first meeting where it explored areas of collaboration...

    Both parties highlighted their keenness to enhance cooperation to ensure a safe, organized and legal transition of Indian laborers.

    The UAE delegation presented key insights on its job market, which is one of the preferred global destinations for work.

  • The agency expects that Qatar would achieve large budget surpluses and sustainably reduce debt servicing costs due to the government's...

    The agency expects that Qatar would achieve large budget surpluses and sustainably reduce debt servicing costs due to the government's successful strategy to pay off debts

    This upgrade by Standard & Poor's comes in conjunction with Moody's amendment of its expectations for Qatar from "stable" to "positive"

  • Key speakers from global investment and financial companies include Nouriel Roubini, Chief Economist at Atlas Capital Team L.P and, Hazem...

    Key speakers from global investment and financial companies include Nouriel Roubini, Chief Economist at Atlas Capital Team L.P and, Hazem Ben-Gacem, Co-CEO of Investcorp

    The event now has Abu Dhabi Islamic Bank (ADIB), HSBC Bank, Mubadala and Standard Chartered as official partners, MidChains and OKX as supporting partners

  • The European Union and the United States were China's second-largest and third-largest trading partners during the period, respectively.

    The European Union and the United States were China's second-largest and third-largest trading partners during the period, respectively

    China's trade with countries and regions participating in the Belt and Road Initiative posted robust year-on-year growth

  • AMMAN, JORDAN - Jordan Minister of Industry, Trade and Supply and Minister of Labor Yousef Shamali said Monday that food...

    The minister attributed the decline to falling oil prices and its impact on production and transport costs.

    He said that the fall in the prices of food is also due to measures taken by the government.

  • SHARM EL SHEIKH, EGYPT - UAE Minister of Industry and Advanced Technology Dr. Sultan bin Ahmed Al Jaber said that...

    UAE Minister of Industry said effective climate action accelerates opportunities for sustainable economic and social development.

    The minister said that the President's speech emphasized that continuity and perseverance are at the core of the UAE’s strategy.