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 Emirates Nuclear Energy Corporation (ENEC) has hosted a recognition ceremony at the Barakah plant for top-performing students from the...

    The hosting of students reflects ENEC's stand to provide UAE youth with skills to become future leaders of the nation's growing nuclear energy sector.

    The event include an educational tour for students to visit Barakah Plant, the first multi-unit operational nuclear plant in the Arab World.

  • Central bankers are meeting in Jackson Hole in the US state of Wyoming, and all eyes are on Federal Reserve...

    Asian traders on Thursday followed a positive lead from Wall Street, where the Dow, Nasdaq and S&P 500 all closed higher

    Central banks around the world are trying to find a delicate balance between curbing inflation and avoiding recessions

  • A total of 74 listed companies listed in the Abu Dhabi Securities Exchange (ADX) accounted for 59.8 percent of total...

    According to the disclosures made by 118 listed companies, their assets increased to $1.289 trillion at the end of June

    The banking sector was the leading contributor, with 17 banks accounting for 69 percent of total assets, valued at $891 billion at the end of June 2022

  • Jordan's Prime Minister emphasized that the project reflects Jordanian commitment to assist in laying the foundation for an independent Palestinian...

    Jordan's Prime Minister emphasized that the project reflects Jordanian commitment to assist in laying the foundation for an independent Palestinian state

    He added that Jordan is doing everything possible to safeguard the historical and legal status of Al-Aqsa Mosque and Al-Haram Al-Sharif

  • The increased production is consistent with announcements made by Kuwait Petroleum Corporation.

    The increased production is consistent with announcements made by Kuwait Petroleum Corporation

    Kuwaiti oil minister Dr Al Faris said that Kuwait will continue to support efforts to promote market stability

  • Saudi Arabia’s merchandise exports during June 2022 increased by more than 75 percent to 148 billion riyals ($39.37 billion) compared...

    The non-oil exports (including re-exports) rose by 26.8 percent to 30 billion riyals in June 2022, compared to 24 billion riyals in June 2021.

    The kingdom’s merchandise imports during June 2022 amounted to 60 billion riyals, compared to 47 billion riyals during June 2021, an increase of 28.9 percent.

  • More than 3,300 families across 10 provinces in Iraq's center and south were displaced due to "climate factors" as of...

    Authorities blame drought for the current water shortages, but also dams built upstream on some rivers and tributaries in neighboring Turkey and Iran

    A report published this month by the International Organization for Migration in Iraq said that "climate migration is already a reality" in the country

  • The world's second-largest economy has been hit by record temperatures, flash floods and droughts this summer -- phenomena that scientists...

    More than 1,500 people in the area surrounding Chongqing were evacuated on Monday after hot and dry conditions sparked multiple wildfires

    The national meteorological service renewed its warnings for drought and high temperatures on Tuesday

  • FAB gained AED173.7 million in liquidity, closing at AED19.740, while ALPHADABI drew AED102.9 million, ending at AED24.040.

    FAB gained AED173.7 million in liquidity, closing at AED19.740, while ALPHADABI drew AED102.9 million, ending at AED24.040

    The ADX-listed ADNOC Distribution was among big gainers, ending 1.09 percent higher at AED4.620, followed by ADNOC Drilling which closed 0.28 percent up at AED3.620

  • The government is committed to expanding the management consulting services sector's participation in enhancing industrial production processes and facilitating access...

    Jordan's government views its partnership with the private sector as a cornerstone to achieve economic and social development

    The ministry of industry, trade and supply's consulting council was established to formulate economic policy and legislation