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 agreement to go ahead with the Nigeria-Morocco Gas Pipeline project was inked in Rabat by the two countries and...

    Once completed, it would be connected to the Maghreb–Europe Gas Pipeline in order to reach the European gas network

    The project was agreed upon at a time of strong international demand for oil and gas and a surge in prices following Russia's invasion of Ukraine

  • The deal involves a five percent annual hike to public sector wages every year until 2025. The head of the...

    Tunisia has been hit hard by the coronavirus pandemic and global diplomatic fallout from the war in Ukraine

    The government is locked in negotiations with the International Monetary Fund over a $2 billion bailout

  • The Emirates Nuclear Energy Corporation (ENEC) hosted the first edition of the CyberEnergy Leadership Forum (CELF) in Abu Dhabi. Over...

    The one-day forum featured a leadership briefing, followed by a technical forum hosted by ENEC and the United States Department of Energy

    ENEC is a leading entity that is spearheading cyber security in the UAE’s clean energy sector

  • The energy giant's H1 net profit rose to $7.2 billion.

    Having processed 45.8 million tonnes of oil this semester, Rosneft said its debt decreased by 12 percent from the beginning of the year.

    The company' revenues increased by 32.5 percent, reaching $86.7 billion.

  • The court dismisses appeal over $270m import tax bill.

    The case relates to Toyota Motor Thailand's importation of parts for its Prius model at a reduced tax rate between 2010 and 2012.

    While Thailand's Central Tax Court ruled in favor of Toyota in 2017, the decision was later overturned.

  • Expo Centre Sharjah has said that it will host the International Jewelry Designers Forum on October 7.

    The forum will discuss a number of thematic topics, including future trends in jewelry and gem designs.

    It will also discuss important techniques used in combining stones and lab-created diamonds.

  • General Authority for Statistics said the main drivers of CPI inflation were the higher prices of food & beverages and...

    In August 2022, the Wholesale Price Index increased by 5.6 percent compared to the same month in 2021, but down from 6.8 percent in July 2022.

    The increase resulted mainly from the increase in metal products, machinery and equipment prices that have a relatively high weight in the index.

  • President Joe Biden's administration on Wednesday approved most military aid to Egypt for a second straight year despite concerns on...

    Some of Biden's political allies have pressed for a wider cutoff of aid to Egypt, which rights groups estimate is holding more than 60,000 prisoners of conscience

    Senator Chris Murphy, a Democrat, scoffed at the idea that Egypt was making progress and earlier this week called on the administration to withhold more funds

  • Dubai, UAE-- Jebel Ali Free Zone (Jafza), part of DP World Group, has facilitated over 1.2 million metric tons (MT)...

    This is equivalent to $12.4 billion, more than a third of the total trade worth $31.3 billion.  

    Dubai hosts the region’s biggest automotive trading hub and the largest used car market.

  • The purpose of the event is to highlight the most significant advancements in the digital transformation and adoption of cutting-edge...

    The purpose of the event is to highlight the most significant advancements in the digital transformation and adoption of cutting-edge technological solutions in the sector

    This edition is the first to be organised in person after the pandemic and the recovery of global economies from its unprecedented effects on the supply chain