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
  • Putin accused the European Union of blocking 300,000 tons of Russian fertilizer from reaching the world's poorest countries. "Our offer......

    In July, an agreement was signed which allowed Russia to export its agricultural products and fertilizer despite Western sanctions.

    The West imposed a litany of sanctions on Russia after it sent troops into Ukraine on February 24.

  • Oil giant Saudi Aramco's chief blasted "unrealistic" energy transition plans, calling for a "new global energy consensus", including ramped-up investments...

    Aramco unveiled record profits of US$48.4 billion in Q2 of 2022 after Russia's invasion of Ukraine and a post-pandemic surge in demand sent crude prices soaring.

    One of the reasons for energy crisis is declining oil and gas investments, the Aramco chief said.

  • Dutch firm will provide water desalination technology

    The innovative design is intended to be 100 percent reliant on solar energy.

    As per the agreement, a pilot water desalination plant has been installed at the Jebel Ali Power Plant and Desalination Complex.

  • UAE Minister of Industry and Advanced Technology (MoIAT) Dr. Sultan bin Ahmed Al Jaber said that hosting the International Organization...

    The UAE minister said the ISO annual meeting is in tune with MoIAT's efforts to benefit from international expertise.

    Sultan Al Jaber added that such events showcase the UAE's quality infrastructure and deepen partnerships with relevant national and global entities.

  • Alerting five West African countries to the danger posed by climate change, the World Bank has urged them to diversify...

    World Bank warned that millions were at risk or already experiencing food insecurity due to low agricultural production from extreme weather

    The report includes proposals such as restoring degraded land and boosting economic opportunities for communities

  • The aid packages include supporting human development, civil society, governance, institutional development and green transition.

    The aid packages include supporting human development, civil society, governance, institutional development and green transition

    EU ambassador to Jordan Hadjitheodosiou said that the programme sets the priorities for cooperation between the two nations

  • The UAE highlighted the significance of complying with international work standards and developing partnerships that empower countries to overcome the...

    The UAE said that it is important to guarantee the rights of employers and employees.

    Global cooperation would help in reducing inequality and discrimination that employees may be exposed to.

  • Arab economies grew by 3.5% in 2021. The higher growth in 2022 is attributed to an improvement in global demand...

    However, economic growth for Arab countries is expected to decline in 2023 to about 4 percent, in line with the decline in global economic growth rate.

    Global economy is expected to rise 3.2 percent in 2022 and 2.9 percent in 2023, said Abdulrahman bin Abdullah Al-Hamidy, chairman AMF Board of Directors.

  • A study by an Emirati researcher has shown that wheat growth can be accelerated and production improved using treated sewage...

    The highest wheat productivity rate was achieved when using treated sewage water.

    key factors that improve wheat quality are the fertility of the soil, which must contain important nutrients and the quality of irrigated water.

  • The Dubai Supreme Council of Energy had a virtual meeting in which it was revealed that Dubai had reduced carbon...

    The Dubai Supreme Council of Energy in a meeting discussed increasing the share of solar energy.

    The meeting deliberated waste recycling in power and water production, industry, ground transport and waste treatment.