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 airline plans to buy 40 A320neo aircraft from Airbus.

    The airline, based in the southeastern city of Xiamen has until now had exclusively Boeing aircraft in its fleet.

    While weakened by the pandemic, airlines around the world are preparing for an expected doubling of air travel in the next two decades.

  • Hungarian Prime Minister Viktor Orban wants EU sanctions on Russia over its invasion of Ukraine lifted by year end, a...

    Hungary is highly dependent on Russian oil and gas and Budapest has already secured an exemption from sanctions on Russian crude oil imports via pipelines.

    EU foreign ministers held an emergency meeting to discuss after Moscow mobilized reservists for its war in Ukraine.

  • European markets were down in afternoon trades, with London's FTSE 100 shedding 0.5 percent after the Bank of England raised...

    The world's major central banks are rushing to ramp up rates to dampen red-hot global consumer prices, but traders fear rising borrowing costs will herald recession.

    In Asia, Indonesia and the Philippines also tightened monetary policy but the Bank of Japan bucked the global trend as it left its status quo in place.

  • The UAE Ministry of Industry and Advanced Technology (MoIAT) signed a Memorandum of Understanding (MoU) with the Jordan Standards and...

    The agreement aims to facilitate industrial, trade and economic growth in both the UAE and Jordan.

    The pact encourages cooperation in conformity assessment procedures for non-food and non-pharmaceutical industrial products.

  • Saudi Arabia's Minister of Education Dr. Hamad bin Mohammed Al AlSheikh has met with the leaders of edX platform at...

    The minister met the platform's founder to discuss ways to promote cooperation in the online education and e-training industry,

    The two discussed ways to develop a partnership between the National Center for E-Learning FutureX and the edX platform.

  • UN Secretary-General Antonio Guterres called on governments to tackle "four burning issues" between now and COP27: greater ambition to keep...

    The UN chief spoke about the flood in Pakistan and reminded world leaders of the Paris accord goal of limiting long-term warming to 1.5C above pre-industrial levels

    Developing nations argue that historic polluters have a moral imperative to pay for the loss and damage, but the idea was shot down by rich nations at COP26

  • Hundreds of billions of euros and counting have been shelled out so far since Russia invaded its pro-Western neighbor in...

    The public spending has continued even though European Union countries already accumulated mountains of new debt

    But some leaders have taken pride at their use of the public purse to battle this new crisis, which has sent inflation soaring

  • The PUBG Mobile tournament was part of Gamers8, a summer festival spotlighting Saudi Arabia's emergence as a global eSports dynamo...

    Saudi Arabia's interest in gaming and eSports comes from the very top, with Crown Prince Mohammed bin Salman said to be an avid "Call of Duty" player

    Saudi gamers are revelling in their country's newfound status and the eye-watering prize pools it brings

  • Taking a cue from Federal Reserve, GCC central banks have raised interest rates, tracking a hike in the US Fed's...

    The UAE central bank raised the Base Rate applicable to the Overnight Deposit Facility (ODF) by 75 basis points – from 2.4% to 3.15%

    The US central bank announced its third consecutive interest rate increase of 0.75 percentage point, continuing the forceful action to tamp down inflation

  • The various energy career opportunities were revealed during ENOC’s participation at the 21st edition of Careers UAE.

    The various energy career opportunities were revealed during ENOC’s participation at the 21st edition of Careers UAE

    ENOC is recruiting young talented Emirati nationals in the energy sector in specialisations including chemical, mechanical, and electrical engineering