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
  • A UAE delegation visits Netherlands to exchange knowledge and best practices in the food sector with their Dutch counterparts with...

    The UAE delegation shared their wide range of expertise with their Dutch counterparts

    The delegation learned first-hand about the latest innovations in Dutch agriculture technology

  • The report of Qatar Aviation body is updated with the IATA Air Transport data (Airport-IS) related to schedule statistics until...

    Passenger traffic anticipates a surge ranging from +90 percent to +105 percent compared to the year 2021

    The report suggests that the number of flights at Hamad and Doha International Airports could reach about 28,000

  • The Central Agency for Public Tenders of Kuwait (CAPT) has awarded 235 tenders worth $5.9 billion in 2021. Secretary-General of...

    The Ministry of Electricity, Water and Renewable Energy had won the lion's share of the tenders in 2021.

    The Ministry of Health (MoH), with 25 tenders worth $364.6 million, grabbed the second position.

  • The Foreign Direct Investment (FDI) in Jordan amounted to $622 million in 2021, constituting 1.2 percent of the Arab region's...

    UAE was the topmost FDI destination in the Arab world, with $20.7 billion or 39.1 percent of the region's total FDI.

    UAE was followed by Saudi Arabia with $19.3 billion, Egypt with $5.1 billion, Oman with $3.6 billion, and Morocco with $2.2 billion.

  • The Arab League says the world is facing challenges from political, economic crises and armed conflicts and that unified efforts...

    Arab League says unified efforts are needed among countries in the region to confront challenges facing the global economy

    The League says the world is facing a massive challenge from political, economic crises and armed conflicts

  • Jordan's Ministry of Energy signed an MoU with a local company to explore for copper and it also signed another...

    Jordan's energy ministry inked an MoU with a local company to explore for copper in the Dana region of the Kingdom's south

    The ministry signed an MoU with a Turkish company to explore for gold in the Abu Khashiba region, also in the south

  • Sharjah is building on the long-standing historical ties the emirate shares with Costa Rica to bolster and deepen diplomatic and...

    The strong relations between Sharjah and Costa Rica are serving as a base for enhancing economic cooperation

    The two sides can benefit through the mutual exchange of expertise in industries, culture, science, technology and economy

  • The United Nations is launching a crowd-funding campaign for an operation intended to prevent an aging Yemeni oil tanker from...

    An operation to transfer its 1.1 million barrels of oil to a different vessel could begin next month, according to a website for the crowd-funding campaign

    The 45-year-old oil tanker FSO Safer is in "imminent" danger of breaking up as it has not been serviced since Yemen's civil war

  • Turkey's president hailed on Monday the start of the construction of an underwater pipeline to tap a Black Sea natural...

    Sakarya gas field of Turkey could produce 10 million cubic meters by the first quarter of 2023, Erdogan said

    He described it as "the largest natural gas field in Turkey's history", citing estimated reserves of 320 billion cubic meters

  • Economic growth in the MENA region is forecast to accelerate to 5.3% in 2022 before slowing to 3.6% in 2023,...

    Economic growth in the MENA region is forecast to accelerate to 5.3% in 2022 before slowing to 3.6% in 2023, according to the World Bank. Click for the country-wise breakup.

    The global growth, meanwhile, is expected to slump from 5.7% in 2021 to 2.9% in 2022— significantly lower than 4.1% that was anticipated in January, it added.