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
  • A delegation from the Philippine Business Council, headed by Prof. Gau Raganit, visited the Abu Dhabi Chamber of Commerce and...

    Abu Dhabi Chamber, Philippine Business discuss strengthening relations between the Chamber and Filipino investors

    The two sides discuss increasing the level of cooperation in diverse sectors of mutual interest

  • Opening corporate bank accounts to become easier for free zone firms.

    The free zone companies will now be able to also obtain personalized services.

    A study by Dubai Chamber of Commerce said entrepreneurs face a lot of issues in opening a corporate bank account in UAE.

  • Despite damaging Western sanctions imposed on Moscow in the wake of the invasion of Ukraine, Russia's economy appears to be...

    Sanctions were meant to sever Russia from the global financial system and choke off funds available to Moscow to finance the war.

    International Monetary Fund's latest World Economic Outlook upgraded Russia's GDP estimate for 2022 by 2.5 percentage points.

  • The Telecommunications & Digital Government Regulatory Authority (TDRA) said that over 10 million people visited the Official Portal of the...

    Over 24 million pages were viewed through the visits to U.AE portal in H1 of 2022

    These results indicate the high value of U.AE as a prime source of information and services

  • The cost of living in Beirut is also more than its purchasing power, which is the lowest among Arab cities....

    Cost of Living Index measures compares expenses an average person incurs on goods and services in different regions.

    The Index is also used to track how much the costs of basic expenses rise over a period.

  • Abu Dhabi Securities Exchange has recorded its highest rise in terms of market value and trading value at end of...

    The ADX ranked first in Arab region in terms of market value increase, says the Arab Monetary Fund

    The Abu Dhabi Securities Exchange rose from $513.19bn at the end of Q1 of 2022 to $542.42bn in Q2 of 2022

  • A global survey conducted among 2,100 IT Security Decision Makers (ITSDMs) reveals that 60 percent of respondents believe their organizations...

    Only 16 percent of respondents in the UAE and Saudi Arabia say they are able to keep pace with the threat landscape

    Most organisations (91 percent) surveyed in the UAE and Saudi Arabia experienced identity-related security breach in the past 18 months.

  • With price surges in major economies approaching 10 percent, central banks must stay the course and continue to raise interest...

    With price surges in major economies approaching 10 percent, central banks must continue to raise interest rates until inflation retreats, the IMF's chief economist said

    Soaring prices for food and fuel, exacerbated by the war in Ukraine, have been squeezing family budgets worldwide, and even leading to unrest in some countries

  • Turkey will resume gas exploration off its coast in the Mediterranean on August 9, the energy ministry said Tuesday. "Turkish...

    The EU came close to sanctioning Ankara in 2020 for pushing into contested east Mediterranean waters in search of fresh natural gas reserves

    Turkey disputes its maritime borders in the eastern Mediterranean with EU members Greece and Cyprus

  • A futuristic Saudi megacity is to feature two skyscrapers extending across a swathe of desert and mountain terrain, according to...

    NEOM, a biotech and digital hub spread over 26,500 square kilometres (10,000 square miles), was once touted as a regional "Silicon Valley"

    The "first phase" of the project, lasting until 2030, will cost 1.2 trillion Saudi riyals (roughly $319 billion), Prince Mohammed said