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 first five countries for Iranian exports were Ghana ($353 million), South Africa ($254 million), Nigeria ($125 million), Mozambique ($98...

    The first five countries for Iranian exports were Ghana ($353 million), South Africa ($254 million), Nigeria ($125 million), Mozambique ($98 million), and Kenya ($77 million)

    Sixth to tenth were Sudan with $73 million, Algeria with $67 million, Tanzania with $55 million, Somalia with $29 million, and Ethiopia with $11 million

  • President Emmanuel Macron is the favorite to win re-election in the run-off ballot on Sunday, and there are indications he...

    If Le Pen wins, she becomes modern France's first far-right leader and first female president

    Macron’s victory would make him the first French president to win re-election in two decades

  • Buna and PAPSS will act as payment gateways that link the Arab region to the African continent

    Buna and PAPSS will act as payment gateways that link the Arab region to the African continent

    The collaboration will support the growth of trade and investments between the Arab region and Africa

  • Certain FMCG companies benefited from the pandemic since people spent more time at home baking and spending time together. As...

    Rising worldwide raw material and transportation costs have put pressure on FMCG profits

    The current global issues caused by rising oil prices is also impacting consumers and prices

  • Annual Inflation in Lebanon has spiked to 208 percent in March despite the intervention of the country's Central Bank. According...

    According to the government data, transportation costs rose 489 percent compared to March 2021, with health expenses up 441 percent

    Food and beverages climbed 390 percent, while restaurant and hotel costs went up by 349.45 percent

  • Economic growth in the eurozone accelerated and hit a seven-month high in April, a key survey showed on Friday, despite...

    "The eurozone has therefore started the second quarter on a stronger-than-anticipated footing, confounding consensus expectations of a slowdown," said S&P

    The automotive sector took the hardest hit, with production levels falling sharply in April -- and at a faster rate than in March, the survey said

  • Martha Delgado, President of the UN-Habitat Assembly called for resilient, sustainable “smart cities” that are more inclusively governed and better...

    Martha Delgado, President of the UN-Habitat Assembly, called for resilient “smart cities” that are inclusively governed

    Upgrading slums and addressing the housing affordability crisis remain the highest priorities for countries

  • The MoU is expected to help the commission as well as the company to support Saudi fashion designers.

    As part of the agreement, Saudi fashion designers will benefit from the support of platforms managed by Fawaz A Alhokair and Partners Co

    The two parties will also collaborate on sustainability programs and projects, with implementation supervised by specialized teams in both parties

  • The Central Bank of the UAE (CBUAE) has launched two new banknotes, in five and ten dirham denominations, made of...

    The new banknotes are the third issue of the national currency, following the success of the initial 50-dirham polymer note.

    The bank said the new notes are more durable and sustainable than traditional cotton paper banknotes, lasting two or more times longer in circulation.

  • The European Central Bank "should" end its stimulus program at the beginning of the third quarter, its vice-president said in...

    The Frankfurt-based institution has been under pressure from rising prices to withdraw its stimulus faster and follow other central banks towards interest rate hikes

    In the eurozone, inflation ran at 7.5 percent in March, the highest figure on record for the currency club and well above the ECB's own two-percent target