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
  • Calling on "all parties" to make every effort to extend the agreement on Ukrainian grain exports, UN Secretary-General Antonio Guterres...

    The initial agreement was set to last 120 days, with the option for renewal on November 19 "if no party objects," Guterres' spokesman Stephane Dujarric noted Friday

    Russian ambassador to the UN Vassily Nebenzia told reporters Thursday that Russian exports must be allowed to go through before Moscow will commit to an extension of the deal

  • Abu Dhabi, UAE— The UAE Ministry of Finance announced amendments to some provisions of the Federal Decree-Law No. 8 of...

    The amendments were made are in line with international best practice in light of the GCC Unified VAT Agreement

    They are based on past experiences, challenges faced by various business sectors as well as the recommendations received from the relevant parties

  • Consumers in the Gulf country plan to adjust their lifestyle by reducing their household and miscellaneous expenses over the next...

    Consumers in the Gulf country plan to adjust their lifestyle by reducing their household and miscellaneous expenses over the next three months, a latest survey points out

    When asked in which segments they will reduce spending on over the next three months due to rising prices, 26 percent of those polled cited clothing as the top area, it adds

  • DUBAI, UAE - The Dubai Financial Services Authority (DFSA) has signed a Memorandum of Understanding (MoU) with the Bangladesh Securities...

    The MoU was signed by Chief Executive of the DFSA Ian Johnston and Chairman of the BSEC Professor Shibli Rubayat Ul Islam Friday in Dubai.

    The agreement provides a framework for facilitating cross-border collaboration between the two bodies on supervision and enforcement actions.

  • As the US is apparently pulling away from the Middle East, the cooperation between the Gulf and Asian regions is...

    Experts believe the US is pulling back from the Middle East and shifting its attention and resources to the "priority theatre" of the Indo-Pacific.

    But as the world recovers from the Covid-19 pandemic, the GCC countries are expected to play a more significant role in the ongoing Asianization of the global economy.

  • Hike in profit was due to high oil, natural gas prices.

    The US oil giant became the latest petroleum heavyweight to report stunning third-quarter figures, with year-on-year profits nearly tripling.

    The results show how the surge in crude prices in the aftermath of Russia's invasion of Ukraine has boosted oil company profits.

  • Firm's Q3, 2022 profit fell compared to Q3 in 2021.

    The company's data indicated that the earnings per share amounted to $.01 in the third quarter of this year,

    The company's earnings per share was $.02 for the same period last year.

  • Revenue doubled year-on-year to US$17.1 billion.

    OMV has worked closely with Russian giant Gazprom until the invasion of Ukraine.

    Following European sanctions on Moscow, OMV froze its investments in Russia.

  • HDC provides special education and care services in S Arabia.

    HDC has a presence across six provinces of Saudi Arabia and caters to over 3,000 beneficiaries.

    It has a network of nine schools, 22 daycare centers and specialized rehabilitation medical clinics.

  • Under its recently announced Experts Program, the Saudi Ministry of Culture has provided an intensive leadership training course for Man...

    MAB is an intergovernmental scientific program that seeks to enhance the relationship between people and their environments through natural and social sciences.

    Delivered in partnership with the UNESCO Regional Bureau for Science in the Arab States, the course brought together 17 local and international participants.