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
  • EU auto sales slumped by 14 percent in the first half of this year, data showed Friday, as supply shortages...

    With the lack of computer chips still hobbling production, new auto sales slumped to 4.6 million in the European Union.

    Sales in Italy tumbled by 22.7 percent, by 16.3 percent in France, 11 percent in Germany and 10.7 percent in Spain.

  • Wall Street stocks rose early Friday as markets cheered unexpectedly strong US retail sales and better-than-expected results from Citigroup. After...

    About 35 minutes into trading, the Dow Jones Industrial Average was up 1.5 percent at 31,074.83.

    Among individual companies, Citigroup surged 7.8 percent after reporting better-than-expected earnings.

  • Other issues to be tackled by the ministers include digital financial inclusion –- with more than a billion of the...

    The two-day meeting on the resort island of Bali started under the shadow of a war that has roiled markets, spiked food prices

    Top global finance figures, including US Treasury Secretary Janet Yellen, will discuss the rebound from the coronavirus pandemic

  • Jordan's Minister of Planning and International Cooperation Nasser Shraideh held a series of meetings at the High Level Political Forum...

    The Jordanian minister met with several senior UN officials and presented the country's 2nd Voluntary National Review

    The minister briefed the UN officials on social and economic challenges facing the Kingdom

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

    Expo City Dubai Authority seeks to reinforce Dubai's position as a leading destination for global exhibitions

    The Authority will facilitate sharing of knowledge and experiences related to the management and organization of major events

  • Exports accounted for the largest portion of the emirate's total non-oil foreign trade, reaching 57 percent, at AED 9.539 billion.

    Exports accounted for the largest portion of the emirate's total non-oil foreign trade, reaching 57 percent, at AED 9.539 billion

    This is followed by imports, which accounted for 35 percent of the total, amounting to AED 5.97 billion

  • Saudi Arabia announced Friday it was lifting restrictions on "all carriers" using its airspace, an apparent gesture of openness towards...

    The decision was made "to complement the Kingdom's efforts aimed at consolidating its position as a global hub connecting three continents"

    Israel has been pushing for the overflight rights to shorten links to destinations in Asia.

  • Revised lending norms, focus on sustainability and improved digital services and data availability help the emirate advance in JLL's Global...

    Lending reforms, focus on sustainability and improved digital services and data availability help the emirate advance in JLL's Global Real Estate Transparency Index

    Despite moving up one spot in the global rankings, Abu Dhabi is still classified as having 'Partial Transparency' in its governmental practices, the JLL index points out

  • A UAE delegation led by Minister of Industry and Advanced Technology Dr Sultan bin Ahmed Al Jaber has concluded a...

    A UAE delegation led by Minister of Industry and Advanced Technology was on a two-day visit to Türkiye aimed at enhancing cooperation

    The visit included meetings with senior government and private sectors officials as well as a UAE-Türkiye Investment Workshop

  • Europe's main stock markets slid at the open on Thursday, as a fresh spike in US inflation reinforced expectations of...

    In initial deals, London's FTSE 100 index lost 0.3 percent to 7,138.54 points compared with the closing level on Wednesday.

    In the eurozone, Frankfurt's DAX index slid 0.2 percent to 12,733.34 points and the Paris CAC 40 shed 0.4 percent to 5,977.05.