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
  • A meeting of the Oman-India Joint Business Council, under the umbrella of the Federation of Indian Chambers of Commerce and...

    A meeting of the Oman-India Joint Business Council, under the umbrella of the Federation of Indian Chambers of Commerce and Industry and the Oman Chamber will be held Friday

    At this meeting, ministers from both sides will interact with the business communities, the Indian Ministry of Commerce and Industry said

  • America recorded its first coronavirus death, on the West Coast, in early February 2020. By the next month, the virus...

    The US has recorded a rise in the number of daily virus cases in recent weeks due to the new Omicron subvariant and the lifting of mask mandates

    Ideological clashes in public over curfews, mask mandate, and vaccine mandates resulted in the country hitting the highest death toll in the world

  • The sanctions include a ban on transactions and the entry into Russian ports of vessels linked to the affected companies.

    The sanctions target 31 companies, most belonging to the Gazprom Germania group of subsidiaries of Gazprom

    The sanctions also affect Poland's EuRoPol GAZ SA, the owner of the Polish part of the Yamal-Europe gas pipeline

  • Abu Dhabi’s non-oil foreign trade in the first quarter (Q1) of 2022 amounted to AED61.522 billion ($16.74 billion), a 15...

    Exports grew by 35 percent in the first three months of the year compared to the same period of last year  to reach AED24.449 billion.

    Saudi Arabia accounted for the largest share of total trade of 23 percent, valued at AED13.921 billion.

  • With surging prices undermining wage gains and hurting American families, US President Joe Biden said Tuesday that fighting inflation is...

    Biden blame Russian invasion on Ukraine for the recent spike in price in US saying that "taking inflation very seriously"

    US consumer prices jumped 8.5% in the 12 months that ended in March, rate is likely to remain high for months to come

  • Lebanon is going through a severe economic crisis, described by the World Bank as one of the world's worst since...

    Lebanon is going through a severe economic crisis, described by the World Bank as one of the world's worst since the 1850s

    Lebanon's population of around 4.5 million is dwarfed by its diaspora, spread across the Americas, Europe, Africa and Australia

  • ADQ will work with the Hellenic Development Bank (HDB), the national development bank of Greece, and Hellenic Development Bank of...

    In 2021, the value of non-oil foreign trade between the UAE and Greece reached nearly AED 2.1 billion.

    The growth of trade, when compared to 2020, was 67 percent, reflecting a significant spike in growth.

  • The rise is also attributed to the popularity of the Switch.

    The company, which has benefited from a string of popular titles including "Pokemon Legends: Arceus", posted a 2021-22 net profit of 477.7 billion yen.

    Uncertainties linked to the global chip shortage and potential production and transport delays caused by Covid-19 lockdowns could hit future profits.

  • Food delivery drivers in the UAE went on strike Tuesday to demand better pay, the second such incident this month...

    Many workers for Talabat, part of Germany's Delivery Hero, did not show up for their shifts, calling for a pay increase amid the global rise in fuel prices.

    The latest protest comes after drivers for Deliveroo, another popular food delivery app, went on strike earlier this month after company plans to cut their pay.

  • The UAE has proactively invested in proven clean energy and within a decade, solar and peaceful nuclear energy have delivered...

    Barakah Nuclear Plant is now generating 2.8 Gigawatts of electricity, making it the largest source of clean electricity in the country.

    With all four reactors online, nuclear energy will meet 25 percent of the UAE’s electricity demand.