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
  • Saudi Arabia and Seychelles will form a partnership to boost cooperation and exchange expertize in tourism sector which includes planning,...

    Saudi’s tourism ministry signed an MoU with the Ministry of Foreign Affairs and Tourism of Seychelles.

    The MoU aims at supporting the efforts of tourism institutions and associations via holding conferences.

  • Iraq seeks to enhance economic and commercial relations with the international community, said Hamid Al-Ghazi, the Iraqi Secretary-General of the...

    Iraq seeks to enhance economic and commercial relations with the international community, said Hamid Al-Ghazi, the Iraqi Secretary-General of the Council of Ministers

    Spanish ambassador Pedro Martinez said his government will support Iraq in all fields, especially in climate change

  • The UAE has signed a Comprehensive Economic Partnership Agreement (CEPA) with Israel. Dr Thani bin Ahmed Al Zeyoudi, UAE Minister...

    The agreement builds on the strong foundations laid by the Abraham Accords, says UAE Minister of State for Foreign Trade Dr Thani bin Ahmed Al Zeyoudi

    Talks for a free trade agreement began in November and concluded after four rounds of negotiations

  • European Union leaders have agreed to ban more than two-thirds of Russian oil imports, tightening economic screws on the country...

    EU chief Ursula von der Leyen said the ban will effectively cut around 90 percent of oil imports from Russia to the EU by the end of the year

    Participants in Monday's EU summit, however, hatched a compromise deal that exempts deliveries by pipeline from the oil import ban

  • The Chairman of the GCC Negotiating Team, Abdulrahman bin Ahmed Al-Harbi, stressed the importance of pursuing negotiations with Pakistan.

    The Chairman of the GCC Negotiating Team, Abdulrahman bin Ahmed Al-Harbi, stressed the importance of pursuing negotiations with Pakistan

    Free trade negotiations with Pakistan are part of GCC countries' effort to strengthen cooperation with their international partners

  • Nothing changes for delivery workers of online food delivery aggregator platforms even as they resume work after protest against low...

    Even as social media was flooded with comments demanding better treatment and fair pay for the riders, nothing changed and they eventually went back to work

    The gig economy is coming under pressure from governments around the world as they look to enact protective policies and regulations, says a food critic and blogger

  • The two Gulf countries score high consistently on all seven parameters used to measure the status of an economy.

    The GCC comprises six countries—Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates.

    The World Bank has said the economies of the Gulf Cooperation Council (GCC) are projected to expand by 5.9 percent overall in 2022.

  • The US central bank needs to keep raising interest rates in big steps until inflation starts to come down, Federal...

    The Fed early this month announced the biggest increase in the benchmark interest rate since 2000.

    Markets could tighten by a total of 2.5 percentage points this year, including the 0.75 point of increases.

  • Qatar’s Export Unit Value Index (EXUVI) has increased by 61.05 percent  in Q1 2022 compared to Q1 2021. The Planning...

    The Planning and Statistics Authority (PSA) released its Quarterly EXUVI for Q1 2022 as a new chain is added to statistical indicators calculated by PSA.

    The addition is as per the policy of PSA in providing accurate statistical information and data that support the decision-maker.

  • The measures adopted by Qatar’s government and Qatar Central Bank proved decisive in countering the negative impacts of pandemic and...

    The CEOs focused on various issues like environmental and social practices, corporate governance.

    Future prospects of Qatar's economy are stable, as its banking sector enjoys flexibility and quality with high capital and liquidity, said Qatar National Bank CEO.