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
  • Russian fertilizers and agricultural products must be able to reach world markets "unimpeded" or a global food crisis could strike...

    UN said it is important that all governments and the private sector cooperate to bring Russian agricultural products to market

    The UN chief vowed that his organization would try to "step up" grain exports from Ukraine before the onset of winter

  • The Jordanian and Algerian business community agreed to a new vision for the two countries' economic relations, aiming to open...

    The Jordanian, Algerian sides stress on the need to develop action mechanisms to overcome difficulties that mutual trade faces.

    The two sides agree to intensify meetings and exchange delegations' visits to get acquainted with available economic opportunities.

  • Two more ships carrying grain have left Ukraine's Chornomorsk port, Turkey's Defense Ministry said on Saturday, bringing the number of...

    Ukraine's Sea Ports Authority said three seaports had begun loading food onto seven ships which would deliver 66,500 tonnes of wheat, corn and sunflower oil.

    The Authority said Ukrainian-origin food would be delivered to France, Sudan, Turkey and the Netherlands.

  • The Abu Dhabi Securities Exchange was the leading Arab financial market in terms of performance last week, as its index...

    The AMF said that the market value of Arab stock exchanges rose by 2.5 percent, equivalent to some $110.64 billion at the end of trading last week

    The market value of the 13 Arab stock exchanges listed in the AMF’s database rose to $4.58 trillion at the end of last week

  • The fund said in a report released today that it expect inflation in Qatar will record about 4.3 percent during...

    The fund said in a report released today that it expect inflation in Qatar will record about 4.3 percent during the current year

    The report also expected that the growth rate of Arab economies would collectively about 5.4 percent in 2022

  • S&P Global Ratings said that boosting the country's credit score of foreign debt to CCC+ "reflects strong committed international financial...

    S&P's upgrade is based on the assumptions that donors like the US and European Union will continue to provide funding to Kyiv in coming months

    A potential loan agreement with the IMF could also lower pressures on Ukraine

  • Data released from the Ministry of Finance showed that oil and gas revenues increased to $32 billion, compared to $19...

    Data released from the Ministry of Finance showed that oil and gas revenues increased to $32 billion, compared to $19 billion in the first half of 2021

    Total revenues achieved, during the first half of this year, reached $41 billion, with $23 billion coming in the second quarter

  • Russian President Vladimir Putin and his French counterpart Emmanuel Macron called for independent inspections at the Moscow-occupied Zaporizhzhia nuclear plant,...

    Putin "stressed that the systematic shelling by the Ukrainian military of the territory of the Zaporizhzhia nuclear power plant creates the danger of a large-scale catastrophe.

    As per the Kremlin, both leaders called for experts of the International Atomic Energy Agency (IAEA) to inspect the plant "as soon as possible" and "assess the real situation.

  • The total premiums of insurance companies listed in local financial markets in the first half of 2022 increased by 7.64...

    The total premiums of insurance firms listed in local financial markets in H1 2022 increased by 7.64 percent year-on-year to $302 million

    The total net profits of insurance companies listed in local financial markets in H1 2022 totaled $222 million

  • The real estate and properties transactions valued at $2.8 billion (AED10.3 billion) in total during the week ending 19 August...

    A total of 344 plots were sold for $694 million, 2,239 apartments and villas were sold for $1.07 billion

    The top two transactions were a land in Al Wasl sold for $108 million, followed by a land sold for $55 million in Hadaeq Sheikh Mohammed Bin Rashid