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
  • In his capacity as the Ruler of Dubai, Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister, has...

    Sheikh Mohammed issued a decree appointing Sheikh Hasher bin Maktoum bin Juma Al Maktoum as Chairman of DMI.

    DMI has a strategy will leverage the expertise of a young and talented Emirati workforce to make the leap in delivering quality media content

  • In line with UAE efforts to strengthen relations with the Islamic Republic of Iran, the Ministry of Foreign Affairs and...

    The decision to appoint an envoy to Iran comes as part of a previous decision to increase diplomatic representation to the rank of ambassador

    The ambassador would contribute to advance bilateral relations between UAE and Iran

  • The Zakat, Tax and Customs Authority has called on taxpayers from the business sector subject to value added tax (VAT)...

    The Authority has urged business sector taxpayers to promptly submit their tax declaration in order to avoid a penalty.

    Penalty will be charged at a minimum of 5 percent and a maximum of 25 percent of the tax value which the taxpayer had to declare.

  • Cross-currency payments cut the need for foreign transaction fees for customers, encourage customer loyalty and reduce cart abandonment but they...

    Cross-border payments are not always hugely inclusive to individuals, according to ManagedLEI, a Registration Agent of Legal Entity Identifiers.

    In countries where access to a bank account is low, for example, not everyone will be able to make cross-border transactions.

  • President Sheikh Mohamed bin Zayed Al Nahyan arrived in Al Alamein City on a visit to the Arab Republic of...

    President Sheikh Mohamed bin Zayed Al Nahyan has arrived in Al Alamein City on a visit to the Arab Republic of Egypt.

    President of Egypt, Abdel Fattah el-Sisi received UAE President Sheikh Mohamed at the airport where the leaders discussed cooperation between the two countries.

  • Director-General and Chairman of the Board of Executive Directors of the Roads and Transport Authority said that RTA had achieved...

    RTA had managed to reduce the total emissions by 13 percent and energy costs by 10 percent compared with the average consumption from 2016 to 2019.

    RTA has a roadmap that aims to achieve zero-emission from public transport in Dubai by 2050.

  • The 8th World Green Economy Summit (WGES), to be held in Dubai, will focus on developing investment partnerships in green...

    In WGES 2022 several heads of states and governments, experts from government and non-government sectors would participate.

    The summit would enable finding innovative solutions and financial tools that promote clean and renewable energy projects and sustain growth

  • Despite a 3.9 percent increase in the food and beverage sector and a generally mixed week for the Saudi Stock...

    The general index of the Saudi stock market "TASI" ended Thursday's trading down 0.2 percent, or 25.01 points.

    The index was down 0.3 percent, while three sectors on the Dubai Stock Exchange were down 0.93 percent, with banks leading the decline.

  • The Kingdom of Saudi Arabia has progressed in the education, research, and innovation indicators per the World Competitiveness Yearbook 2022...

    The Kingdom’s ranking jumped to the 24th position in the report, compared to 32 in 2021.

    The Kingdom advanced two steps in the scientific infrastructure indicator, garnering the 30th position this year compared to 32nd position in 2021.

  • The French presidency said that this trip will contribute to deepening the bilateral relationship, reinforce Franco-Algerian cooperation in the face...

    French-Algerian ties hit a low late last year after Macron reportedly questioned whether Algeria had existed as nation before the French invasion

    The North African country won its independence from France following an eight-year war, which ended with the signing in March 1962 of the Evian Accords.