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 UAE president emphasised that the UAE, as an active partner of the global community, is determined to hold a...

    The UAE president emphasised that the UAE, as an active partner of the global community, is determined to hold a COP28 in 2023

    He highlighted the UAE’s investment of more than $50 billion in renewable energy projects across 40 countries

  • The recovery process of the sector remains fragile and could be disrupted by the ongoing war in Ukraine, fuel price...

    The recovery process of the sector may get disrupted by the ongoing Ukraine war, fuel price rise, and other potential health threats, say experts.

    The pre-pandemic projection of 230 million arrivals by 2026 will now be reached in 2028 with an estimated expenditure of USD$225 billion, they add.

  • A report issued by the World Bank warns of the delay in forming a government in Iraq and of not...

    A World Bank report warns of the delay in forming a government in Iraq

    Report warns of impact of budget's non approval on the country's economy

  • President of Venezuela Nicolas Maduro, called on Qatari businessmen to invest in his country, to enjoy the benefits offered by...

    President of Venezuela Nicolas Maduro reviewed opportunities for tourism and investment cooperation

    Maduro said his government has developed plans to promote 18 vital sectors for the economy

  • The UAE attaches great importance to developing the intellectual property (IP) system and encouraging innovators and creators and the country...

    UAE Minister of Economy Abdullah bin Touq Al Marri stated this during meetings with World Intellectual Property Organisation, UNCTAD, WEF officials.

    The meetings were held on the sidelines of the UAE's participation in WTO's 12th Ministerial Conference (MC12) held recently in Geneva, Switzerland.

  • Saudi Crown Prince Mohammed bin Salman will visit Turkey on June 22, a Turkish official said on Friday. The details...

    Turkish President Recep Tayyip Erdogan had already paid a visit to Saudi Arabia in late April, where he met the prince before travelling to Mecca

    According to the Turkish official, other details related to Saudi crown prince visit will be announced "over the weekend"

  • The World Trade Organization concluded hard-won deals Friday on fishing subsidies, food insecurity and Covid-19 vaccines in a landmark bundle...

    The ministerial conference also agreed on deals on e-commerce, responding to pandemics and reforming the organisation itself

    The last ministerial conference in Buenos Aires in December 2017 was seen as a flop after failing to strike any heavyweight deals

  • Mo’asher’s data for May highlights the continuous positive performance of Dubai's real estate sector throughout 2022.

    The emirate's real estate market recorded a total of 6,652 sales transactions in May 2022, a 52 percent increase in volume and a value growth by 66 percent

    Mo’asher’s data for May highlights the continuous positive performance of Dubai's real estate sector throughout 2022

  • Petrol prices rose to record highs in Morocco on Thursday, fuelling anger among unions who demanded the government of energy...

    Morocco has seen months of rising prices and growing calls for caps on energy firms' profits

    The government has so far refused to reinstate fuel subsidies removed in 2015, but has doubled its budget for subsidising cooking gas

  • British economic output declined for the second month in a row in April, weighed down by rocketing prices that are...

    BoE policymakers agreed at a regular meeting to increase the cost of borrowing by a quarter-point to 1.25 percent.

    Pound fell 1 percent against the dollar following the announcement, one day after the Federal Reserve hiked US interest rates.