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
  • During the last 25 years Jordanian exports to Canada have increased at an annualized rate of 21.75 percent, from US$885,000...

    During the last 25 years Jordanian exports to Canada have increased at an annualized rate of 21.75 percent

    Jordan and Canada have signed free trade, labor, double taxation, environment and investment agreements

  • Iran's foreign minister warned Saturday on a visit to Damascus that Turkish military action in Syria would destabilize the region,...

    Iran is a major ally of Syrian President Bashar al-Assad and an important trading partner for Turkey

    In recent weeks, Erdogan has said he plans to launch a military offensive against Kurdish fighters in Syria Ankara regards as "terrorists"

  • UAE and KSA are spearheading decarbonization efforts in Middle East by encouraging enterprises to minimize carbon footprint. Here are a...

    Since MENA countries are a significant global green hydrogen supply source, they may help other nations outside the region reach their carbon-neutral targets

    Trading carbon credits could cut the cost of implementing national contributions to combat climate change by more than half – up to US$250 billion by 2030

  • Persistently high food inflation will continue to erode households spending power, reducing discretionary spending, and contributing to the stagnation of...

    Surging food prices are a significant contributor to high headline inflation in many countries, including most major advanced economies

    Persistently high food inflation will continue to erode households spending power, reducing discretionary spending, and hurt global GDP

  • The Saudi and UAE stock markets ended the week lower as concerns about slowing global economic growth impacted investor sentiment....

    Saudi and UAE stock markets ended the week lower, following Asian markets

    Concerns about slowing global economic growth impacted investor sentiment

  • The International Monetary Fund is sending a team to Tunisia next week to begin formal talks on a new financial...

    Tunisia is seeking a two-billion-euro loan, according to a source with knowledge of the preliminary talks.

    IMF said 'ready to begin the formal negotiations' but the Tunisian leaders need to implement "ambitious reforms" to deal with the crisis

  • Turkey on Friday substantially raised the minimum wage for the second time in a year to cushion the blow from...

    Turkish currency has lost half its value against the dollar in the past 12 months, which has fueled price rises on imported goods

    Economists warn that substantially raising the pay of a large swathe of the population in Turkey is an inflationary measure

  • The CEPA with Indonesia is the third of its kind to be signed by the UAE since the year started,...

    The CEPA with Indonesia is the third of its kind to be signed by the UAE since the year started, following the ones signed with India and Israel in February and May, respectively

    The agreement aims to enhance the bilateral trade between the two countries and raise its total value from around US$3 billion in 2021 to US$10 billion annually within five years

  • Talks between the United States and the Taliban continued in Doha earlier this week to discuss earthquake aid, the State...

    The Taliban is seeking a way to unlock some of the country's foreign reserves -- currently frozen by the United States

    During the meetings Wednesday and Thursday, the United States reiterated an earlier pledge of $55 million in new assistance for earthquake relief

  • The number of breadwinning widows in the kingdom is around 30,000, according to the official data.

    The number of breadwinning widows in the kingdom is around 30,000, according to the official data

    The Department of Statistics estimates that around 8 percent of widows were jobless in 2021