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 toll of destruction, damage, and dislocation in Ukraine is staggering and continues to grow," Anna Bjerde, the bank's regional...

    The new funding came on the same day Russian President Putin formally announced the annexation of four Moscow-held areas of Ukraine.

    The bank said it had already mobilized almost $13 billion in emergency funding for Ukraine, $11 billion of which had already been disbursed.

  • The Nord Stream 2 pipeline is no longer leaking under the Baltic Sea because an equilibrium has been reached between...

    While the pipelines are not currently in operation, they both still contained gas before they fell victim to apparent sabotage, producing four leaks.

    All the leaks are in the Baltic Sea off the Danish island of Bornholm.

  • Participants were taken on an immersive space journey to a detailed metaverse city on the Red Planet.

    Participants were taken on an immersive space journey to a detailed metaverse city on the Red Planet

    Senior executives from major corporations also discussed topics such as the relationship between the metaverse and gaming, retail, banking, and venture capital

  • The price of 90-octane gasoline and 95-octane gasoline will decrease by 60 fils in October.

    The price of 90-octane gasoline and 95-octane gasoline will decrease by 60 fils in October

    The price of one litre of diesel and kerosene will sell at JD0.825 in October, instead of JD0.790

  • Saudi Arabia is expecting to record an increase in its budget surplus in 2022 to S24 billion, according to the...

    According to the ministry of finance, Saudi total revenues are expected to reach about $299 billion in 2023, while reaching about $323 billion in 2025

    The minister said the objectives of the general budget for the fiscal year 2023 come as a continuation of the process of work to strengthen the financial position of the kingdom

  • According to a PWC estimate, the MENA region's blockchain market would reach $3.2 billion by 2024, and the UAE is...

    Blockchain market is expected to reach $3.2 billion in the MENA region by 2024, according to a PWC estimate

    UAE has attracted many crypto trading platforms, tempting investors with its regulatory system and promises of security improvements

  • The Department of Health – Abu Dhabi (DoH) launched the first edition of the Healthcare Research and Innovation Grant, a...

    The grant seeks to fuel healthy competition across the healthcare ecosystem in the emirate.

    It seeks to help start unique research projects and innovative products, technologies and services in Abu Dhabi’s healthcare facilities.

  • The inaugural RAK Energy Summit, to be held on October 4-5, will feature experts from the energy sector in the...

    The summit will feature experts from the energy sector in the UAE and globally.

    The experts will discuss the challenges the world faces as it moves to cut carbon emissions.

  • The Water, Energy, Technology and Environment Exhibition (WETEX) and Dubai Solar Show (DSS) saw a large turnout of visitors in...

    A total of 1,750 companies from 55 countries worldwide participated in the exhibition.

    Latest global solutions, technologies, innovations in energy, water, sustainability, renewable and clean energy were highlighted in the event.

  • Stoked by a staggering 40.8 percent rise in energy prices, the yearly inflation rate in the 19-country single currency area...

    The ECB is desperate to prevent inflation from taking root in the economy and is taking measures that will reduce demand and could therefore slow growth.

    To tame prices, European Union energy ministers agreed on Friday to peak-hour power consumption and to impose windfall levies on energy companies.