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 said Saturday it will permit one million Muslims from inside and outside the country to participate in this...

    After the onset of the coronavirus pandemic in 2020, Saudi authorities allowed only 1,000 pilgrims to participate

    The government wants to ensure pilgrims' safety "while ensuring that the maximum number of Muslims worldwide can perform the hajj", Saturday's statement said

  • After a historic collapse in the wake of Russia's military offensive in Ukraine, the ruble has staged a spectacular bounceback,...

    The Feb. 24 military operation triggered unprecedented Western sanctions on Moscow, sending the ruble into free-fall and accelerating already high inflation

    Analysts say that success is in many ways artificial and does not bode well for the health of the Russian economy

  • UAE and UK authorities met for a series of technical workshops in March 2022 in both Abu Dhabi and London...

    The workshops were held under the UAE-UK Partnership to Tackle Illicit Financial Flows.

    The experts discussed a range of key topics, including understanding money laundering threats and vulnerabilities in the UAE and UK.

  • Dubai International Financial Centre (DIFC) has announced the launch of Studio Launchpad, saying it is the world’s first venture studio...

    The Launchpad is supported by an international group of venture building experts, digital asset pioneers and emerging technology strategists.

     Studio Launchpad is designed to attract and engage a consortium of leading start-up and corporate venture studios.

  • Russia's invasion of Ukraine sent ‘shocks’ through markets for staple grains and vegetable oils, the UN's Food and Agriculture Organization...

    Russia and Ukraine’s vast grain-growing regions are among the world's main breadbaskets

    They have a huge share in global exports of commodities like wheat, vegetable oil, and corn

  • Abu Dhabi issued 25,427 new economic licenses in 2021, an increase of 21.5 percent compared to the 2020 figure of...

    The report said that renewed economic licenses increased to 83,484, growing by 15.8 percent, from 72,070 in 2020.

    Of the 25,427 economic licenses issued, commercial sector licenses made up 24,077, up 21.4 percent from 19,839 in 2020.

  • Beijing has refused to budge from its strict zero-Covid strategy, and that has forced many companies to halt production and...

    Shanghai has been sealed off almost entirely for a week following a Covid-19 outbreak fueled by the Omicron variant

    The financial hub of China, Shanghai is home to multinational firms and as well as the country’s busiest port

  • The Committee for Ifta pointed out that ideas have value according to the regulations issued in this regard, and therefore...

    The Committee for Ifta pointed out that ideas have value according to the regulations issued in this regard, and therefore an infringement on them is not permissible

    The Committee warned against taking possession of the intellectual rights of others, benefiting from them, or taking compensation for them except with the permission of their owner

  • The UAE's Gross Domestic Product (GDP) for 2021 has exceeded expectations, registering the highest rate in the region of AED...

    International institutions expected the growth of the country's GDP in 2021 at 2.1 percent.

    Our future is going to be promising, and we assure our people that the best is yet to come," Sheikh Mohammed said

  • Houthi spokesman Mohammed Abdulsalam dismissed the move by President Abedrabbo Mansour Hadi as ‘a desperate attempt to rearrange the ranks...

    A United Nations-brokered truce that started on Saturday has offered a glimmer of hope in the conflict amid the humanitarian crisis

    The truce came as peace talks were unfolding in Riyadh without the participation of the Houthis, who refused talks on ‘enemy’ territory