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
  • India's central bank on Wednesday hiked rates for a second time in as many months, as Asia's third-largest economy reels...

    The Reserve Bank of India raises its key repo rate by 50 basis points to 4.90 percent

    Consumer inflation has consistently overshot the central bank's two-to-six percent target range in the first four months of the year

  • In 2021, the UAE launched a strategic initiative to become carbon-neutral by 2050.

    In 2021, the UAE launched a strategic initiative to become carbon-neutral by 2050

    In 2018, the country put into action the National Water Security Strategy 2036

  • The World Bank on Tuesday approves an additional $1.5 billion in aid for Ukraine, bringing the total planned support package...

    The new financing from World Bank to Ukraine will be used to pay wages for government and social workers

    According to Zelensky, Ukraine's government needs a total of $7 billion aid in a month to continue to function

  • The 96-kilometers-long ring road project which is currently in the design phase will be completed in four phases.

    The 96-kilometers-long ring road project which is currently in the design phase will be completed in four phases

    There are several projects to relieve the traffic bottlenecks, including the five entrances to the capital project, a government spokesman said

  • The Agency for Natural Resources and Energy in Tokyo.reported that the amount of crude oil that Japan imported during that...

    The Agency for Natural Resources and Energy in Tokyo.reported that the amount of crude oil that Japan imported during that month amounted to 87.59 million barrels

    Ninety three percent of this originated from seven Arab countries: UAE, Saudi Arabia, Bahrain, Qatar, Kuwait, Oman and Algeria

  • The United States, Britain, France and Germany have submitted a motion to the UN atomic energy watchdog to censure Iran...

    It is a sign of growing Western impatience after talks to revive the 2015 landmark nuclear accord with Iran stalled in March

    The vote on the motion is likely to happen on Wednesday or Thursday but Russia refused to be associated with the resolution

  • A coalition of tribes in East Sudan announced on Tuesday the end of a sit-in which blocked roads to the...

    Beja tribes of Sudan ended their sit-in protest against a 2020 peace deal which they demanded to be scrapped as the Red Sea state governor resigned

    Army chief called the upcoming meeting with civilian groups a "historic opportunity" but the civilians have refused to take part

  • Alternative cinematic content is helping the emirate's creative economy diversify and contribute to its GDP, Butheina Hamed Kazim, Founder and...

    Alternative cinematic content is helping the emirate's creative economy diversify and contribute to its GDP, Butheina Hamed Kazim, Founder and MD of Cinema Akil tells TRENDS

    The Dubai Creative Economy Strategy seeks to raise the economic contribution of the creative economy to 5 percent of the emirate’s GDP by 2025

  • Wall Street stocks fell early Tuesday as the World Bank slashed its global growth outlook and Target warned of lower...

    The World Bank cut its growth estimate for the global economy to 2.9 percent, 1.2 percentage points below the January forecast.

    The broad-based S&P 500 fell 0.5 percent to 4,100.91, while the tech-rich Nasdaq Composite Index also declined 0.5 percent.

  • The Gross Domestic Product (GDP) of Saudi Arabia grew by 9.9 percent in Q1 of 2022 compared to Q1 of...

    The GDP Report for Q1 2022 was released by the General Authority for Statistics (GASTAT).

    The growth in Saudi's GDP is due to a surge in oil activities by 20.3% in Q1 2022 compared to Q1 2021.