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 current rebound is due mainly to strong growth in oil exporters boosted by rising oil revenues and a general...

    In Saudi Arabia, strong oil production growth and a robust recovery in the non-oil sector is expected to drive

    The United Arab Emirates should also benefit in the near term from rising oil prices

  • Masdar City, DANA, beta site, agritech, pilot projects, greenhouses, net houses, open field farming, water scarcity, irrigation, greenhouse cooling, soil...

    Masdar City, DANA sign MoU to help contribute to agritech sustainability

    MoU to help UAE in meeting objectives as per National Food Security Strategy 2051

  • The vote just over two years after he won a landslide general election victory was brought after a string of...

    The vote just over two years after he won a landslide general election victory was brought after a string of scandals that have left the Tory party's standing in tatters

    Chief among them was the "Partygate" controversy over lockdown-breaking events at Downing Street, which caused public outrage

  • The two tranches comprise US$ 1.75bn five-year Trust Certificates with a 4.40% yield and US$ 1.5 billion 10-year Trust Certificates...

    The two tranches comprise US$ 1.75bn five-year Trust Certificates with a 4.40% yield and US$ 1.5 billion 10-year Trust Certificates with a 4.70% yield

    The listings further strengthened Dubai’s position as one of the largest centers for Sukuk listings globally, with a total listed value of US$ 80.9 billion

  • The Central Bank of Egypt said that the net cash reserve balance covers five months of commodity imports

    The Central Bank of Egypt said that the net cash reserve balance covers five months of commodity imports

    Foreign currencies in Egypt’s foreign reserves include the U.S. dollar, euro, Australian dollar, Japanese yen and Chinese yuan

  • Jordan Prime Minister Khasawneh said the healthcare project serves as a launchpad for future investments mentioned in the Jordan Investment...

    Jordan Prime Minister Khasawneh said the healthcare project serves as a launchpad for future investments mentioned in the Jordan Investment Fund Law

    The project will be based on a BOT model, as ownership of the project will be transferred to the Jordanian Government after the end of the investment period

  • Israel's government suffered a defeat at the hands of the opposition Monday which voted down a push to uphold Israeli...

    Two members of the broad coalition voted at first reading against the bill

    Their rebellion, however, does not call into question the continuation of Israeli law in the West Bank

  • Iraq PM's advisor identified two main factors that contributed to stall the approval of the state's final accounts 10 years...

    Two main factors contributed to stall the approval of the state's final accounts 10 years ago

    Government final account is one of the most important financial statements that is prepared annually

  • Adding to the upbeat mood were comments from US commerce chief Gina Raimondo that she was considering lifting tariffs on...

    Traders took heart also from a wind-down of Covid containment measures in China that have crippled its economy for months.

    As infections trended down in major cities, cities like Shanghai and Beijing authorities allowed some sense of normality to return.

  • Amman Chamber of Commerce (ACC) said that the total value of exports during the January-May period 2022 amounted to JD339...

    Number of Amman Chamber of Commerce certificates of origin issued during the past five months of 2022 reached 10,879.

    ACC issued 2, 269 certificates of origin to export goods to Saudi Arabia and 1508 certificates to the UAE.