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
  • Disasters caused by climate change since 2000 have killed approximately 2,600 people, affected seven million others, and caused $2 billion...

    Temperatures in the region have risen by 1.5°C over the last three decades, twice the global increase of 0.7°C

    According to the IMF, disasters caused by climate change have killed approximately 2,600 people since 2000

  • The Saudi Central Bank, or SAMA, has launched licenses for consumer microfinance operations in the Kingdom. This follows the bank’s...

    Microfinance targets individuals and small businesses, including self-employed people

    Sulfah is the consumer microfinance company which is given a license by Saudi Central bank

  • Ali Najafi said that during the last Iranian year which ended on March 20, Iran’s exports to Oman were worth...

    Ali Najafi said that during the last Iranian year which ended on March 20, Iran’s exports to Oman were worth 716 million dollars

    Ambassador revealed that among Iran’s neighboring countries Oman ranks 6th in importing goods from Iran

  • "Growth in Morocco is projected to slow to 1.1 percent in 2022, as agricultural output declines by 17.3 percent due...

    "Growth in Morocco is projected to slow to 1.1 percent in 2022, as agricultural output declines by 17.3 percent due to the drought,” the WB said in its latest MENA Bulletin

    The economy is projected to be driven by a still solid but moderating industrial performance and a faster recovery of tourism, the WB added

  • From the UAE to Saudi Arabia, the main indexes made up for their losses as the week came to a...

    The Abu Dhabi index fell 1.3 percent on Thursday, its biggest daily fall in more than a month

    The Dubai index on Monday climbed 1.3 percent to its highest in the previous two weeks

  • Most patients come from neighboring countries including Iraq and Afghanistan, Head of the tourism office at Iran’s Ministry of Health...

    Most patients come from neighboring countries including Iraq and Afghanistan, Head of the tourism office at Iran’s Ministry of Health Mohammad Reza Tarjoman said

    Tarjoman said there are 200 medical centers that have permission to accept foreign patients underlining that Iran is ranked 46 worldwide in the area of health tourism

  • There will be little to eat for many Lebanese when they break their fasts this Ramadan – but support from...

    There will be little to eat for many Lebanese when they break their fasts this Ramadan, but support from the WFP is delivering hope in the face of crushing price rises

    Working with the American University of Beirut, WFP is currently implementing a pilot project that is strengthening the adaptive abilities of rural communities

  • The country’s external debt services went up 5 percent, from nearly TND2 billion ($666.69 million) to about TND2.1 billion ($700.02...

    Cumulative labor income saw a 15.3-percent rise to TND1.9 billion ($633.71 million) on April 10

    This was against the TND1.6 billion ($533.42 million) on the same day in 2021

  • While 44 percent of UAE residents want to retire from their jobs before they turn 55, most of them have...

    Forty percent of respondents said they would begin saving ten years or less before retirement and 53 percent of those who save put their money in conventional bank deposits

    Twenty seven percent respondents felt they can retire on less than US$ 2,500 amount per month, while the same proportion thinks US$ 5,000 will suffice

  • The throughput tonnage at Saudi ports increased by 7.18 percent during the first quarter of 2022, reaching a total of...

    The number of transshipment containers increased by 5.91 percent, with a total of 1.3 million TEUs.

    Saudi ports have recorded a fall in container throughput which declined by 1.27 percent with a total of 2.5 million containers.