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
  • Struggling to tame surging inflation in the eurozone that has seen steep increases in the price of energy in the...

    Inflation hit 9.1 percent in August, an all-time high for the eurozone and more than four times the two-percent rate targeted by the ECB

    At its last meeting in July the ECB exceeded expectations with a 50-basis-point increase in interest rates, its first hike in more than a decade

  • Depicting a gloomy picture of the state of human progress, a United Nations report argues that an unprecedented array of...

    The Human Development Index has steadily risen for decades, but began sliding in 2020 and continued its fall in 2021, erasing the gains of the preceding five years

    A large contributor to the Human Development Index's recent decline is a global drop in life expectancy, down from 73 years in 2019 to 71.4 years in 2021

  • King Abdulaziz University achieved 4th place globally with 187 patents in one year.

    King Abdulaziz University achieved 4th place globally with 187 patents in one year

    King Fahd University of Petroleum and Minerals achieved 25th place with 91 patents

  • Abu Dhabi index (FTFADGI) rose 0.566 percent to 9,717.380 pts, with conglomerate International Holding Company (IHC.AD) closing high at AED...

    Abu Dhabi index (FTFADGI) rose 0.566 percent to 9,717.380 pts, with conglomerate International Holding Company (IHC.AD) closing high at AED 350

    Among other stocks, the Emirates NBD and Mashreq Bank increased 1.92 percent, and 1.270 percent to AED13.250 and AED80.00 respectively

  • Climate change is already stoking heatwaves and other extreme weather events across the world, with hot spells from India to...

    Heat stress already poses an "extreme risk" to agriculture in 20 countries, including agricultural giant India

    Rice is particularly at risk with other crops like cocoa and even tomatoes also singled out as of concern

  • Firms in the region are increasingly augmenting their focus on operational transformation with new approaches to manage and optimize energy...

    Enterprises in the region are increasingly augmenting their focus on operational transformation with new approaches to manage and optimize energy consumption, says an expert

    The Gulf states are seeking to place themselves on a more environmentally sustainable footing through investment in renewable energy, says Ashraf Yehia of Eaton Middle East

  • Ecommerce operators, who have seen an acceleration in activity post the onset of the pandemic, have further expanded their operations.

    Ecommerce operators, who have seen an acceleration in activity post the onset of the pandemic, have further expanded their operations

    Demand during H1 2022 was primarily concentrated across traditional hotspots such as Dubai South, JAFZA and National Industries Park

  • The real gross domestic product (GDP) of Saudi Arabia has jumped 12.2 percent in the second quarter of 2022, exceeding...

    The oil economy grew 4.4 percent in the second quarter from the first quarter

    Non-oil activities rose by 8.2 percent on an annual basis and 4.5 percent from the first quarter

  • Last month, China's exports expanded 7.1 percent year-on-year, down from 18 percent growth in July, China's General Administration of Customs...

    The slowdown in trade comes as global demand for Chinese products weakens with energy prices soaring and the United States facing the threat of recession

    Sporadic Covid-19 lockdowns around China have also dampened consumer enthusiasm and business confidence

  • Japan imported 81.05 million barrels of crude during July, of which 79.17 million barrels, or 97.17 percent, came from Arab...

    Japan imported 81.05 million barrels of crude during July, of which 79.17 million barrels, or 97.17 percent, came from Arab countries

    Saudi Arabia contributed 28.47 million barrels, which is 35.1 percent of the Japanese crude needs