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
  • Gaza, a Palestinian territory of some 2.3 million people under Israeli-blockade since 2007, suffers from an unemployment rate above 50...

    And Israeli work permits have become a rarity for Palestinians in the last decade or so -- making the few on offer seem like gold dust.

    Under current terms, workers from Gaza entering Israel are only covered for accidents if their Israeli employer agrees to pay for insurance.

  • UN chief says that around 100,000 people in Mariupol have been forced to live in a complete blockade with no...

    UN chief says that around 100,000 people in Mariupol have been forced to live in a complete blockade with no food, no water, no medicine

    One group fleeing through humanitarian route from Mariupol were "captured by the occupiers", said Ukrainian President

  • Saudi Arabia accounted for 22 percent of GCC investments to Latin America during 2016-2021, followed by Qatar with 1 percent.

    Saudi Arabia accounted for 22 percent of GCC investments to Latin America during 2016-2021, followed by Qatar with 1 percent

    The report, titled Cultivating Ties: Deepening trade and investment between Latin America and the GCC, was issued ahead of the Global Business Forum Latin America 2022

  • Survey analyses the impact of COVID-19 on small businesses, the key verticals of growth and the growing acceptance of digital...

    Survey analyses the impact of COVID-19 on small businesses, the key verticals of growth and the growing acceptance of digital payments

    With adoption of digitalization, 41 percent of the respondents have seen increased purchases through social media channels

  • Save the children data showed that 18,000 Iraqi children and 7,300 minors from 60 other countries are stuck in Syrian...

    Save the children data showed that 18,000 Iraqi children and 7,300 minors from 60 other countries are stuck in Syrian camps

    United Nations data shows that around 56,000 people live in al-Hol, an overcrowded camp plagued by murders and escape attempts

  • Vietnam has signed economic, trade and scientific-technological cooperation agreements with five GCC countries.

    Vietnam has mostly traded with six member nations of the Gulf Cooperation Council in the Middle East region.

    Trade between Vietnam and the GCC countries has surged from US$2.7 billion in 2012 to US$12.5 billion in 2021.

  • Six currencies account for 90 percent of transactions in the Arab world, said Dr. Abdulrahman bin Abdullah Al Hamidy, Director-General...

    The currencies are the Emirati Dirham, the Saudi Riyal, the Egyptian Pound, the Jordanian Dinar, the US Dollar and the Euro.

    Buna Payment Platform is the first regional cross-border and multi-currency payment system that supports Arab transactions in investment: AMF

  • The project is a joint endeavor between the Saudi-based Aramco Gulf Operations Company and Kuwait Gulf Oil Company.

    The project is a joint endeavor between the Saudi-based Aramco Gulf Operations Company and Kuwait Gulf Oil Company

    The gas output will be divided evenly between the Gulf Arab neighbors, at a time where soaring consumption has led to growing demand for energy in the two countries

  • It will be possible to see the crescent with a telescope, but not the naked eye, from parts of the...

    Seeing the crescent on Friday, April 1, is not possible with the naked eye from anywhere in the Islamic world

    It can be viewed only through a telescope, but with great difficulty, from parts of Africa and the Americas

  • For a 50/50 chance of limiting the rise in global temperatures to 1.5C, 19 countries in which per capita GDP...

    The overarching objective, enshrined in the 2015 Paris Agreement, is to cap global warming ‘well below’ 2C, and 1.5C if possible

    A torrent of research since 2015 has confirmed that the lower aspirational target is by far a safer threshold