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 Abu Dhabi International Boat Show (ADIBS), organized by the Abu Dhabi National Exhibitions Company (ADNEC), has entered into a...

    Abu Dhabi Maritime has a mandate to implement effective maritime services and state-of-the-art infrastructure

    The fourth edition of Abu Dhabi International Boat Show will take place this year from November 24 to 27.

  • A survey in the GCC region reveals that almost all the respondents believe that rising inflation will impact their cost...

    A survey in the GCC region reveals that people believe inflation will impact their cost of living by at least 10 percent

    Over 66 percent of the respondents said that they continue to view equity markets favorably

  • The 6th edition of Al Dhaid Date Festival came to a successful conclusion at Expo Al Dhaid, after four days...

    The Al Dhaid Date Festival drew over 30,000 visitors who explored and learnt about the best and finest types of dates

    Sharjah Chamber of Commerce and Industry says it will spare no effort to promote and preserve the historical status of palm trees

  • The Kingdom of Saudi Arabia’s overall merchandise exports increased by 83.4 percent in May 2022 compared to May 2021, the...

    Saudi Arabia’s overall merchandise exports increased by 83.4 percent in May 2022 compared to May 2021

    The share of oil exports in total exports increased from 72 percent in May 2021 to 80.6 percent in May 2022

  • Russia's top diplomat reassured Egyptian leaders Sunday that their orders for Russian grain would be met as he began a...

    Foreign Minister Lavrov said that Russian exporters of cereals will fulfil their orders and provide grains to Egypt and other countries

    Lavrov's visit comes hot on the heels of a landmark deal Russia and Ukraine signed on Friday with the United Nations and Turkey

  • Mercer’s 2022 Cost of Living City Ranking ranks the emirate the 31st most expensive city in the world.

    Mercer survey is aimed at providing employers data to help them navigate compensation strategies for their mobile employees in the world.

    Urkaine conflict, rising inflation and volatility of markets has affected the cost of living for most of the people in the world.

  • The Higher Committee for Development and Citizens Affairs, chaired by Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince...

    The Higher Committee for Development and Citizens Affairs approved immediate allocation of 2,000 residential plots at Umm Nahad Fourth area

    The step comes as part of the Housing Program for Dubai Citizens to meet the requirements and needs of Emirati families

  • A Joint Operations Center for Saudi Banks tasked with following up and monitoring cases of financial fraud that bank customers...

    The center brings together all Saudi banks under one roof to improve the customer experience and tackle confirmed cases of financial fraud.

    The Center’s establishment came from from the Saudi Central Bank’s support for the stability of the banking sector, said SAMA governor.

  • Dubai Electricity and Water Authority (DEWA) has commissioned 287 11kV substations in Dubai in the first half of 2022. This...

    These 287 11kV substations are primarily in Al Merkad, Jabal Ali First, Saih Shuaib 2, Al Jadaf and Burj Khalifa areas

    Building these substations included 177,875 working hours as per the highest quality, efficiency and safety standard

  • US central bankers face an increasingly difficult balancing act as they struggle to douse scorching inflation while still keeping the...

    The Fed holds its two-day policy meeting next week, where it is expected to hike the benchmark borrowing rate on Wednesday by another three-quarters of a percentage point

    Officials have said the US economy is strong enough to withstand higher rates without a serious downturn, but others say they are overly optimistic