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
  • An overladen ship crammed with thousands of sheep capsized Sunday off Sudan's Red Sea coast drowning the animals on board...

    The livestock vessel was heading from Sudan's port of Suakin to Saudi Arabia when it ran into trouble in the Red Sea

    Sudan remains gripped by a chronic economic crisis, which has deepened following last year's military coup led by army chief Abdel Fattah al-Burhan

  • The second round of UN-facilitated talks aiming to resolve Sudan's political crisis following a military coup has been postponed, a...

    UN, AU and regional bloc IGAD launched "direct talks" to break the political stalemate in Sudan since last October's military takeover

    Military officials of Sudan, representatives of several political parties and senior members of ex-rebel groups attended the "direct talk' on Wednesday

  • The WTO agreements on fisheries subsidies and a Covid vaccine patent waiver moved a step closer to completion Saturday after...

    World Trade Organization's first high-level meeting in five years where trade ministers and officials from 164 countries will meet

    The global trade body said a draft text on a deal banning subsidies favoring overfishing had been handed over to the ministers

  • Kuwait is keen on supporting efforts by the International Fund for Agriculture Development to feed the poor and aid progress...

    Kuwait and Saudi Arabia had helped established IFAD in 1977

    IFAD's aim is to help impoverished and hunger-stricken regions in the world

  • The OPEC Fund for International Development will improve fiscal transparency, promote private sector development and enable environmental reforms

    The comprehensive plan will improve fiscal transparency, promote private sector development

    The plan will enable environmental reforms in the energy and waste management sectors

  • Jordan's Economic Modernization Vision has proposed ways to simplify customs, taxes and shipping regulations for trade and retail business

    The vision focuses on the trade sector as a top national priority due to its contribution to the GDP

    The vision is set to be implemented in three phases over the next 10 years

  • Pakistan's new government, grappling with soaring inflation and political unrest, unveiled a 9.5 trillion rupee ($47 billion) budget Friday, earmarking...

    Prime Minister Shehbaz Sharif blames Pakistan's economic woes on his predecessor Imran Khan, who was ousted by a parliamentary vote of no confidence in April

    Analysts, however, say the problems stem from decades of poor economic management by successive governments and military rulers

  • The report recommended empowering youth politically by activating the role of the Political Institute of the Ministry of Youth.

    The report recommended empowering youth politically by activating the role of the Political Institute of the Ministry of Youth

    As for the tourism sector, the report stressed the need to launch a tourism-related trails program in Ajloun, Irbid, Madaba, Karak, Ma’an and Tafila

  • Meta on Friday said that it is adding the ability to easily socialize in virtual reality with an update to...

    Meta is also working on letting people create their own virtual worlds where they host gatherings of avatars, Zuckerberg said

    Horizon Worlds is far from a fully realized metaverse, a future internet where online experiences like chatting to a friend would eventually feel face-to-face thanks to VR headsets

  • Iran and Venezuela signed a 20-year deal on cooperation between the two countries in various sectors including energy, financial and...

    The deal inked by Iran and Venezuela include energy, financial and defense

    From July 18 direct flights would operate between Caracas and Tehran