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
  • US suppliers have exported 1,574 billion cubic feet (44.6 billion cubic meters) of LNG to Europe so far in 2022,...

    US has become the world's largest exporter of LNG, an industry centered around the energy-rich Gulf of Mexico, with its infrastructure and strategic location

    In June, an explosion caused the temporary closure of the Freeport LNG terminal further south, reminding residents of the immediate risks posed by the plants

  • Frankfurt, Germany— Germans in the coastal state of Lower Saxony vote in a closely-watched regional election Sunday, seen as a key...

    Anxiety about soaring energy bills has dominated the race in the northwestern region on the North Sea, providing a snapshot of the national mood

    One major bone of contention between the leading candidates has been the fate of Lower Saxony's Emsland nuclear power plant, one of only three still operational in Germany

  • Sharjah Commerce and Tourism Development Authority (SCTDA) has confirmed its participation at the 42nd GITEX Technology Week, to be held...

    The authority will showcase new projects and emerging prospects in Artificial Intelligence and Metaverse.

    SCDTA will highlight the innovative use of technologies and their impact on hospitality, tourism and commerce.

  • Dubai Electricity and Water Authority (DEWA) has invited international developers to send their Expressions of Interest (EOI) to implement the...

    The 900 MW sixth phase of the Solar Park will be implemented using photovoltaic solar panels.

    The production capacity of clean energy has reached about 12.1 percent of Dubai’s total energy mix.

  • The Emirates Nuclear Energy Corporation (ENEC) announced that Unit 3 of the Barakah Nuclear Energy Plant has successfully been connected...

    Unit 3 will add another 1,400 megawatts of zero-carbon emission electricity capacity to the national grid.

    The nuclear sector is a vital part of the UAE’s clean energy system of multiple low-carbon technologies.

  • It remains without not only a new government but a budget too, obstructing much-needed reforms and infrastructure projects in the...

    The government can't invest that money without an annual state budget, which Mustafa al-Kadhemi is not authorised to submit to parliament in his capacity as caretaker PM.

    Former finance minister Ali Allawi, who had prepared a reform plan that never materialised, blamed the "political framework" for obstructing progress.

  • President Joe Biden, who has seen his approval erode in the face of surging prices, cheered the data as a...

    The economy added 263,000 jobs last month, showing a steady slowdown from the blistering pace in 2020 and 2021

    Over the past 12 months, average hourly earnings have increased by 5.0 percent, still high but a slowing from the pace seen over the past year

  • An IsDB official said proceeds were used to finance projects to recover from the COVID-19 pandemic, reduce poverty etc.

    An IsDB official said proceeds were used to finance projects to recover from the COVID-19 pandemic, reduce poverty etc

    The AAA-rated issuance was executed in line with the bank’s $4.1 billion financing plan for 2022

  • Dubai, UAE--- A total of 1,809 real estate transactions worth AED7.3 billion ($1.92 billion) were conducted during the week ending...

    A total of 98 plots were sold for AED975.52 million, and 1,711 apartments and villas were purchased for AED4.47 billion.

    The mortgaged properties for the week reached AED1.47 billion, while 157 properties were granted between first-degree relatives worth AED418.56 million.

  • The facility will enable clients globally to conduct meetings via a virtual platform, offering a unique and semi-realistic experience.

    The facility will enable clients globally to conduct meetings via a virtual platform, offering a unique and semi-realistic experience

    DAFZ is likely to announce the launch at GITEX 2022, to be held from October 10-14 at the Dubai World Trade Centre