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
  • Shamma bint Suhail Al Mazrouei, Minister of State for Youth Affairs and Vice President of the Arab Youth Center (AYC),...

    Appropriate skills enable the youth to become drivers of sustainable human and economic development, said Shamma bint Suhail Al Mazrouei.

    The minister was speaking during a session, Power of the Youth: The Multiplier Effect’.

  • Brazilian President Jair Bolsonaro decided on Monday to replace the president of state-owned oil giant Petrobras, Joaquim Silva e Luna,...

    In early March, Petrobras upped the price of gas by 18.8 percent and diesel by 24.9 percent

    The ultra-right-wing Brazilian president has long criticized the pricing policy of Petrobras

  • Volatility on oil markets sparked by Russia's invasion of Ukraine would be worse without OPEC+, the Saudi energy minister said...

    Oil shot up to nearly $140 on supply fears after Russia sent troops into its neighbor on February 24, and the price of crude is still trading at well over $100 a barrel

    The 13-member, Saudi-led Organization of the Petroleum Exporting Countries (OPEC) has so far resisted calls to lift production further following the Russian invasion of Ukraine

  • The UAE has called for a stronger investment in oil and gas resources in order to protect the global economy...

    The two ministers warned that divesting from energy sources that drive the global economy will lead to a systemic supply crunch that erodes economic growth

    The Global Energy Forum is being organized by the Atlantic Council in collaboration with WGS2022, and moderated by Frederick Kempe, President and CEO, Atlantic Council

  • Lebanon is grappling with an education "emergency," a United Nations official said, as years of economic collapse weigh heavily on...

    "We are now in an emergency situation. Education in Lebanon is in crisis because the country is living in crisis," said Maysoun Chehab of UN education and culture body (UNESCO)

    UNESCO chief Audrey Azoulay visited Beirut weeks later, driving efforts to restore heritage sites and damaged schools

  • Five countries, including Saudi Arabia, South Korea, Italy, Ukraine and Russia are in the reckoning for the 2030 World Expo.

    Five countries, including Saudi Arabia, South Korea, Italy, Ukraine and Russia are in the reckoning for the 2030 World Expo

    The letter announcing Riyadh’s intention to bid was submitted on October 29, 2021 on behalf of the crown prince Prince Mohammed bin Salman

  • Speaking at the MENA Climate Week Dr. Al Jaber explained that the UAE is adopting a comprehensive, balanced and proactive...

    Speaking at the MENA Climate Week Dr. Al Jaber explained that the UAE is adopting a comprehensive, balanced and proactive approach to climate action

    He urged the international community to do more and fulfil the $100 billion climate pledge made to developing nations over a decade ago

  • Gjenge Makers, churns out 1,500 bricks made from industrial and household plastic that otherwise would be dumped in the city's...

    Gjenge Makers, churns out 1,500 bricks made from industrial and household plastic that otherwise would be dumped in the city's overflowing garbage heaps

    Plastic is fibrous in nature, and the unique production process prevents air pockets from forming within the bricks

  • Prosecutors are probing links Lebanon's central bank chief's link to criminal associations and money laundering.

    French investigators launched investigation against five individuals for embezzling public funds in Lebanon worth of $330 million between 2002 and 2021

    People of Lebanon suspect Riad Salameh who was the chief of Lebanese central bank and other high officials of transferring money abroad during a 2019 uprising

  • The latest move follows months of growing discontent in Syria over a spiraling economic crisis.

    Syrians living in the country will be jailed for 6 months if they publicize news that could improve an enemy state's image and damage the state's reputation

    The new law, signed by President Bashar Al Assad, prohibits citizen of Syria from the cession of Syrian territory with a punishment of one-year imprisonment