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 World Union of Wholesale Markets (WUWM) Conference 2022, which will be held in the Middle East for the first...

    The World Union of Wholesale Markets (WUWM) Conference 2022 will be held in the Middle East for the first time

    As the world’s largest network of wholesale markets, WUWM represents the industry’s most significant suppliers of fresh food

  • Jordan's Minister of Energy and Mineral Resources on Tuesday announced the formation of a Public-Private Partnership (PPP) council for mining,...

    This Public-Private Partnership is part of the plan for implementation of the economic modernization vision

    The minister said that there is a need for establishing a research center for mining and metallurgy as part of the vision

  • IHG said it would resume its interim dividend

    InterContinental Hotels Group said that profits rose sharply in the first half after Covid travel restrictions were lifted around the world

    IHG, which also owns brands such as Crowne Plaza and Holiday Inn, said that first-half revenues jumped by 52 percent to $1.8 billion.

  • The firm's revenue increased 13 percent to US$1.27 billion

    ADNOC Drilling revenue increased 13 percent to US$1.27 billion compared to the same period last year

    First half EBITDA was $580 million, up 16 percent year-on-year, with a market-leading margin of 45.7 percent

  • Last year, this week, the Taliban launched a final offensive to win back control of the country they ran between...

    Last year, this week, the Taliban launched a final offensive to win back control of the country they ran between 1996 and 2001

    Taliban is now in the firm grip of the country, and has once again imposed its austere interpretation of Islam

  • Saudi and the UAE's reliance on oil to drive economic growth has tapered off in recent years as the non-oil...

    In May Saudi Arabia's non-oil sector of the economy continued strong growth, notching its 21st consecutive month of expansion

    In the United Arab Emirates, non-oil sector grew in May to a five-month high as demand remained strong despite inflationary pressures

  • More than 3,400 rescue and evacuation operations were conducted in the eastern regions of the emirate by the Sharjah Police...

    More than 3,400 rescue and evacuation operations were conducted in the eastern regions of the emirate by the Sharjah Police General Headquarters

    In flood-hit Kalba, 2,069 residents were moved into schools, while nurses were transferred from Fujairah to support medical efforts at Kalba Hospital

  • The Sharjah Charity International has provided $3 million assistance in the first half of this year.

    The Sharjah Charity International has provided $3 million assistance in the first half of this year

    The society relies on the charitable contributions of benefactors to support deserving families

  • The UAE’s public spending in the first quarter of 2022 totaled AED87.4 billion ($23.79 billion), an increase of 19.6 percent...

    AED28.7 billion spent on employee compensation payments, compared to AED24.6 billion in the same reporting period in 2021.

    Revenues amounted to AED123.8 billion in the first quarter of 2022, an increase of 39.1 percent or equivalent to AED34.8 billion, compared to AED88.9 billion in Q1 2021.

  • Qatar Chamber would issue a guide to economic and commercial activities in Qatar 2022, aiming to promote its economy and...

    Qatar Chamber General Manager Saleh bin Hamad Al Sharqi stressed the promotion of economy and investment climate.

    Bin Hamad noted FIFA WC 2022 is a key opportunity to introduce the Qatari economy and the advantages of investment in Qatar.