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 palm tree-styled street lamps and neon office blocks that line the highway from the expanded international airport to central...

    Gleaming new stadiums that cost more than $6.5 billion are ready, and a driver-less metro system with a price tag of $36 billion serves five of the eight venues

    FIFA has lauded Qatar's preparations and the eight stadiums designed to highlight Arabic tradition and culture

  • The Money Supply aggregate M2 increased by 1.4 percent from $437 billion at July end to $443 billion at the...

    The Money Supply aggregate M2 increased by 1.4 percent from $437 billion at July end to $443 billion at the end of August

    The Money Supply aggregate M3 also rose by 2.4 percent from $535 billion at July end to $549 billion at August end

  • Minister of State for International Cooperation Reem bint Ebrahim Al Hashimy said the UAE's continued efforts to mitigate the humanitarian...

    Minister of State for International Cooperation Reem bint Ebrahim Al Hashimy said the UAE's continued efforts to mitigate the humanitarian impact of the Ukraine crisis

    Al Hashimy added that the UAE has provided similar aid in recent months to Ukrainian refugees in Poland and Moldova

  • Beyond oil and gas, Gulf companies have made some strategic investments in sectors with strong potential for growth, including fintech,...

    GCC and Asian countries are benefitting from technological advancements, which has potential to make cross-border trade more efficient, inclusive and equitable for SMBs.

    Gulf countries, led by the UAE and Saudi Arabia, have been investing in Asian technology companies and incentivizing them to launch operations in the region, says an expert.

  • The bank's revenues declined 12 percent to $12 billion.

    Profits were $3.0 billion, down 44 percent from the 2021 period, while revenues declined 12 percent to $12.0 billion.

    The bank's chief executive, David Solomon, said that businesses should be "cautious" in light of increased volatility.

  • Major global equities rose, with sentiment soothed after upbeat US earnings and Britain shredded its controversial budget. Analysts pointed to...

    US industrial production also picked up more than anticipated in September, according to official data.

    On Wall Street, the Dow Jones jumped two percent at the open after a day of strong trading in Asia and Europe, before paring back gains later in the morning.

  • The Abu Dhabi Department of Economic Development (ADDED), and Bangladesh Embassy in Abu Dhabi, have organized the Economic Cooperation Forum...

    Abu Dhabi and Bangladesh bilateral trade and mutual investments are on the rise.

    The Emirate and Bangladesh have organized the Economic Cooperation Forum to enhance mutual investment opportunities.

  • Abu Dhabi, UAE-- The Abu Dhabi Residents Office, part of Abu Dhabi Department of Economic Development (ADDED), has signed a...

    They are working on developing a joint strategy to promote Abu Dhabi and its real estate projects besides identifying opportunities to support investors and talent.

    The Office will support clients of Aldar when applying for a Golden Visa upon purchasing a property valued at more than AED 2 million ($544, 506) from Aldar’s projects.

  • The Kremlin said that the investigation into the explosions that tore through the Nord Stream gas pipelines was being 'tailored'...

    Russia has accused Western countries of being behind the explosions of the pipelines.

    Russia had earlier expressed bewilderment over its exclusion from an investigation into the incident.

  • The Central Bank of the UAE (CBUAE) in collaboration with the Tawazun Economic Council (Tawazun), has issued 1,000 silver commemorative...

    Tawazun was established in 1992 to create, build and manage industrial relationships.

    The issuance of the commemorative coins aims to highlight the vital role of Tawazun.