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
  • Washington, US—Bahrain has called for adoption of innovative solutions to encourage economic growth and sustainable development goals for all countries....

    The country's Finance and National Economy Minister, Shaikh Salman bin Khalifa Al Khalifa, has stressed the importance of strengthening international cooperation

    The minister took part in the meeting of the World Bank Development Committee, within the annual meetings of the Board of Governors of the World Bank and the IMF in Washington

  • The agreement would result in partnership in encouraging direct investment, communications and information technology, exploring the establishment of a joint...

    An agreement was signed between the two countries during the presence of Saudi's Crown Prince & Prime Minister and South Africa's President

    The agreement contains cooperation and exchange of news between the Saudi Press Agency (SPA) and the state-run South African News Agency.

  • The British government said the Free Trade Agreement is a major economic opportunity and plays a key role in the...

    The two sides discussed Free Trade Agreement's goals and the exchange of technical information in 29 areas.

    More than 100 British negotiators representing different sides of the British government participated in the round.

  • Reacting to British PM Liz Truss's abandoned tax cut reform, US President Joe Biden has termed it a "mistake" as...

    Truss is set to sit down on Sunday with new finance minister Jeremy Hunt, who said she and Kwarteng had erred on September 23 in trying to cut taxes for the highest earners

    Hunt said that some taxes will not be cut as quickly as people want and that some of the taxes will go up

  • The hard-left CGT union, which launched the industrial action three weeks ago, said that workers at three TotalEnergies sites had...

    Four of France's seven refineries and one fuel depot were out of action, after strikers rejected a pay offer from the hydrocarbon industry leader.

    The blockages have caused queues outside petrol stations, and worry across all sectors of the economy, from mobile healthcare workers to farmers.

  • UAE Minister of Climate Change and the Environment Mariam bint Mohammed Almheiri said that the crises facing the world today...

    The UAE has launched the Agriculture Innovation Mission for Climate (AIM for Climate) in partnership with the US.

    The objective is to raise investments worth US$8 billion in sustainable and climate-smart agrifood systems based on modern technologies.

  • The UAE stock market followed the trend of other markets worldwide and ended the week on a high note but...

    A 5.2 percent gain in Multiplay Group's share price, a 3.3 percent increase in Aldar Properties' share price pushed the Abu Dhabi index up 0.9 percent on Friday (October 14).

    The Dubai index rose 0.8 percent on Friday (October 14, 2022), led by the gains in the real estate and banking sectors.

  • LuLu Exchange – one of UAE’s leading financial service providers, announced that it has signed an agreement with the country's...

    The company has taken this step to streamline customers' experience, perform instant and highly secure face matching verification.

    This will eliminate the need for customers to physically visit a branch for initial KYC verification.

  • This year’s publication will again be accompanied by a smart app to give increased access to the WOO’s vital analysis...

    This year’s publication will again be accompanied by a smart app to give increased access to the WOO’s vital analysis and energy data

    First published in 2007, the WOO provides an in-depth review and analysis of the global oil and energy industries

  • The fund trimmed its world growth forecast to 2.7 percent in 2023, and its chief economist Pierre-Olivier Gourinchas cautioned that...

    Nadia Calvino's remarks came as finance ministers and central bankers gathered in Washington for the IMF and World Bank annual meetings

    There has been a "very strong call" throughout the week for Russia to stop its war against Ukraine, said Calvino