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
  • Humanity is in "the fight of our lives" as climate change intensifies droughts, floods and heatwaves, UN chief Antonio Guterres...

    The UN chief called for a "historic" deal between rich countries and emerging economies that would aim to reduce emissions.

    The UN chief said the target should be to provide renewable and affordable energy for all.

  • Stock markets mostly rose, extending last week's strong gains, while oil prices fell after China reaffirmed its commitment to its...

    The dollar was down against key rivals ahead of this week's US midterm elections.

    Global markets and oil prices were buoyant last week on hopes Beijing may begin to roll back policies aimed at stamping out the disease within its borders.

  • Muscat, Oman---Oman’s budget achieved a surplus of RO 1.123 billion ($2.92 billion) at the end of September 2022, the country's...

    The country reported deficit of RO 1.030 billion for the same period last year, the finance ministry said.

    Oman's public revenues were up by more than 43 percent due to an increase in oil prices and production.

  • AMMAN, JORDAN - Jordan's real estate trade picked up by 23 percent to US$6.8 billion (JD4.875 billion) in 2022's January-October...

    State's revenue from the real estate market stood at US$344 million by the end of October in Jordan.

    Trade volume in the Jordanian real estate market went up in October 2022 by 21 percent compared to October 2021.

  • The World Trade Organization urged countries to abolish trade barriers in environmental goods and services to help fight climate change....

    Trade is a force for good for climate and part of the solution for achieving a low-carbon, resilient and just transition, the WTO said.

    Reducing tariffs and non-tariff measures on energy-related environmental goods could increase exports of these products by five percent by 2030, the WTO said.

  • During the COP26 climate summit last year, the government boldly promised to end the construction of new coal plants and...

    Vietnam pledged to reach net-zero carbon emissions by 2050, but with coal and gas still a major part of its energy mix one year later, that commitment is on shaky ground

    G7 countries could announce billions of dollars in funding to help steer Vietnam away from fossil fuels and the country could attract billions more in clean energy investment

  • Dubai, UAE—The United Arab Emirates has dropped almost all Covid restrictions as the rate of infection considerably drops in the...

    Wearing masks in the UAE will now be optional in all open and closed facilities, including places of worship and mosques

    Organizers of sports activities also have the option to require PCR tests or vaccination certificates as requisite to participate or attend their events

  • The slowdown in trade comes as global demand for Chinese products weakens with energy prices soaring and the United States...

    Exports fell 0.3 percent year-on-year in October, according to the General Administration of Customs

    Year-on-year imports were down 0.7 percent in October, negative for the first time since March this year

  • Given the increase in life expectancy as well as the number of people of childbearing age, the UN projects the...

    After a peak in the early 1960s, the world's population growth rate has decelerated dramatically

    Annual growth has fallen from a high of 2.1 percent between 1962 and 1965 to below 1 percent in 2020

  • Greenhouse gases accounting for over 95 percent of warming are at record levels, with methane showing the largest one-year jump...

    Earth has warmed more than 1.1 degrees Celsius since the late 19th century, with roughly half of that increase occurring in the past 30 years.

    Driven by melting ice sheets and glaciers, the pace of sea level rise doubled in the past 30 years, threatening millions in low-lying coastal areas.