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 IPO size implies a market capitalization at listing of between $30.63 billion and $33.76 billion, which would make DEWA,...

    The IPO subscription started on Thursday and will run until April 2 for the UAE retail investors and until April 5 for the institutional investors.

    DEWA is the majority owner of Empower, the world's largest district cooling services operator by connected capacity.

  • The Jordanian Minister of Investment, Khairy Amr voiced Jordan's readiness to provide facilities for Indian investment in Jordan and invited...

    The Jordanian Minister of Investment, Khairy Amr voiced Jordan's readiness to provide facilities for Indian investment in Jordan and invited Indian experts to his country

    Indian minister reaffirmed the Indian government's keenness to prioritize Jordan in importing phosphates and fertilizers

  • The world must not forget the millions of people in need across the Middle East and North Africa, UN chief...

    The UN chief issued the warning during a meeting on the expanding cooperation between UN and the 22-member League of Arab States

    At the meeting, ambassadors of the Arab countries adopted a presidential statement praising the increasingly critical partnership

  • The recent rally across equities over the past week appears to have run its course for now as investors nervously...

    The recent rally across equities over the past week appears to have run its course for now as investors nervously track developments in the Ukraine war

    All eyes are on meetings this week of NATO, where Joe Biden and other leaders are expected to discuss further punishing Moscow for the month-long invasion

  • The council has also set minimum values of iftar meals and atonement for not fasting during the previous Ramadan.

    Within this fatwa, the council set the value of iftar meal at a minimum of AED15

    This amount can be paid to the registered charities which provide iftar meals

  • The package, reached after weeks of pressure including a nationwide strike by truckers demanding price controls, covers 180,000 vehicles

    The package, reached after weeks of pressure including a nationwide strike by truckers demanding price controls, covers 180,000 vehicles

    The aid will be available to transporters from early April, via an online portal, the government said

  • The emirate's Virtual Asset Regulatory Authority governs cryptocurrency trade through a comprehensive set of legislations and globally applicable policy frameworks.

    Dubai's VA Exchange License allows FTX to be the first to provide regulated trading and clearing services for crypto-specific derivatives.

    The UAE is the third-largest crypto market in the region, trailing Turkey and Lebanon.

  • The Department of Economy and Tourism (DET) in Dubai and du, from Emirates Integrated Telecommunications Company (EITC), have opened the...

    This will reportedly help to provide value-added services and facilitate doing business

    It would contribute to enhancing the competitiveness and sustainability of Dubai's business sectors

  • Dubai ruler Sheikh Mohammed bin Rashid Al Maktoum on Wednesday issued a law on Local Military Pensions and Social Security...

    The fund seeks to improve the quality of services offered to its beneficiaries and ensure that all the rights and insurance needs of contributors, pensioners are met.

    All liabilities and assets of the Local Military Pensions and Social Security Division at the DoF will be transferred to the Fund, once the Law comes into effect.

  • Four Algerian and Chinese firms announced a nearly $7 billion deal on Tuesday to relaunch a phosphate mining project set...

    The $7 billion deal to relaunch a phosphate mining project is set to produce millions of tons of fertilizer annually.

    The deal comes three years after Algerian state energy firm Sonatrach and Chinese firm Citic announced a $6 billion deal to mine the same deposit in Tebessa province.