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
  • White-robed worshippers from across the world have packed the streets of Mecca as Islam's holiest city prepares to host the...

    At least 650,000 overseas pilgrims have arrived so far in Saudi Arabia, the authorities said Sunday

    One million vaccinated pilgrims under the age of 65 will attend the hajj under strict sanitary conditions

  • Two women, one Austrian and the other Romanian, were killed in a shark attack this week off the coast of...

    The Red Sea is a popular tourist destination, where sharks are common but rarely attack people swimming within authorised limits

    In 2018, a Czech tourist was killed by a shark off a Red Sea beach and a similar attack killed a German tourist in 2015

  • Jordan's Gross Domestic Product (GDP) at constant market prices grew by 2.5 percent in quarter one of 2022, compared to...

    The Department of Statistics (DoS) of Jordan said economic sectors rose in quarter one of the current year.

    Hotels and restaurants sector came first with 6.8 percent, followed by construction sector with 5.3 percent.

  • Iraq received in excess of $11 billion as revenue for crude oil export in June, the Ministry of Oil said....

    Crude oil export in June from oil fields in central and southern Iraq amounted to (97) million (980) thousand and (589) barrels.

    Total exported quantities from Kirkuk fields through Ceyhan port amounted to one million (910) thousand and (887) barrels.

  • Foreign ministers of Arab nations discussed in Beirut a range of regional crises, with emphasis on food security and the...

    The discussions of the ministers dealt with the impact of the Ukraine war on the region and food security

    As for the Ukraine war, the Arab diplomats were unanimous in rejection of any politicization of international organizations

  • Speaking at the NATO summit in Madrid, Johnson said the "very, very tight labor market" and difficult "balance of our...

    The PM said when the National Insurance threshold rises Wednesday, it will save 30 million British workers up to $400 a year.

    He said there is a "big chance" to fix unnecessary cost pressures for people and businesses across the UK.

  • Artificial Intelligence market is growing in the Middle East by an estimated 20 percent to 34 percent annually, with GCC...

    By 2030, some 70 percent of companies might have adopted at least one type of Artificial Intelligence (AI) technology.

    Less than half will have fully absorbed the five categories of AI: computer vision, natural language, virtual assistants, robotic process automation, and advanced machine learning.

  • Jordan Chamber of Commerce Vice President discusses with a World Bank team the Kingdom's investment regulation law and the incentives...

    Jordan's Chamber of Commerce stressed on the need to offer clear incentives to projects in the pipeline.

    The move will help the private sector can publicize such incentives to lure in more investments.

  • Jordan imported 11.8 million barrels of crude oil through the port of Aqaba, while a total of about 1.19 million...

    1.19 mn barrels of Iraqi oil were imported since supply was launched in September 2021 until end of 2021

    Oil production from the Hamza oil field amounted to 105,000 barrels during 2021

  • The UAE has approved 22 policies that focus on accelerating the implementation of the circular economy model in the UAE in...

    These policies will focus on accelerating the implementation of circular economy model in he UAE in manufacturing, food, infrastructure, and transport.

    A meeting of the Circular Economy Council also identified at least 16 circular economy activities that can create opportunities for businesses.