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 locals, residents, and visitors have once again started flocking to museums, historical and heritage sites, and public libraries, according...

    The locals, residents, and visitors have once again started flocking to museums, historical and heritage sites, and public libraries, according to DCAA data

    The hotel sector witnessed strong bookings, supported by the increase in tourism and participants in Expo 2020 Dubai and other events such as Gulfood 2022

  • New business models must be developed to take advantage of the metaverse's technology, says Fadi Kassatly, Partner, Enterprise Systems and...

    By 2026, about 25 percent of internet users would spend at least an hour a day in the metaverse and 30 percent of organizations would use it to distribute their products.

    Because of the metaverse, companies can now imagine new stakeholder engagements that include interactions and create value faster, realistically and with more significant impact.

  • The companies must also strive for more delegated authority and accountability as delays and poor follow-up lead to disaster, says...

    The firms must strive for more delegated authority and accountability as delays and poor follow-up lead to disaster, says Rabih I Khoury, Partner & Chief Exit Officer, MEVP

    Also needed is the use of technology to facilitate communication and digital processes implementation and leverage mature SaaS functionalities through mobile apps, he says

  • The IEA said "steadily rising" output from the United States and Middle Eastern members of the OPEC+ oil cartel will...

    The IEA had previously warned that Moscow's invasion of Ukraine could spark a global supply "shock".

    World oil demand growth, meanwhile, is forecast to slow to 1.9 million barrels per day in the second quarter.

  • Ukraine is a major supply route for Russian gas to Europe and the two sides have kept flows going even...

    Ukraine's pipeline operator GTSOU said that it was halting gas transport at the Sokhranivka transit point

    Germany said Wednesday that it saw a 25 percent drop in supplies of Russian gas flowing through Ukraine

  • World food prices hit an all-time high in March following Russia's invasion of Ukraine, which accounted for 20 percent of...

    France is Europe's agricultural powerhouse, the biggest grain producer in the 27-country bloc

    The national weather service said France was in the grip of a hot spell with 20% less rainfall reported

  • The official unemployment rate in crisis-hit Lebanon jumped almost three-fold to reach 29.6 percent at the start of the year,...

    After years of corrupt practices and financial mismanagement, Lebanon's economy collapsed two years ago, stripping the national currency of 95 percent of its value.

    The issue of unemployment has not featured prominently in the campaigns led by the main parties fielding candidates in Sunday's parliamentary election.

  • Here’s a look at the challenges that await incoming lawmakers in a country where there is little consensus on a...

    Starved of hydrocarbons, Lebanon’s power stations have scaled down operations to a near minimum

    Power cuts can last up to 23 hours a day, forcing residents to rely on expensive private generators

  • With the lira's value tumbles to historic lows and annual inflation runs at nearly 70 percent, the refugee question regularly...

    Political parties in Turkey spar over sending 3.7 million Syrian refugees back to their war-torn homeland while the refugees have no appetite to return

    Majority of the Syrian refugees have settled in Turkish society since 2012, and only 1 percent live in the shelter camps built for those who escaped civil war

  • The UK Home Office affirmed that “an electronic visa waiver allows the holder to travel to the UK without obtaining...

    The UK Home Office affirmed that “an electronic visa waiver allows the holder to travel to the UK without obtaining a visa provided they complete an online waiver for each visit

    UK Home Secretary Priti Patel said that the visa waiver for Bahrain and Saudi Arabia will better connect the people of our countries and boost economic prosperity