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 Railways "SAR" has opened online booking of tickets for train services via the North Train to and from...

    The services starts on March 31, 2022, with a long-distance journey of 1,215 km by passenger train between Riyadh and Al-Qurayyat.

    Saudi Arab Railway stated that such a step comes in conjunction with the inauguration of the Al-Qurayyat passenger train station on March 30, 2022.

  • An embargo on Russian oil imports, pushed for by some European countries over Moscow's military action in Ukraine, would have...

    Some EU countries including Baltic states have called for an embargo on Russian oil and gas

    EU foreign ministers on Monday are meeting to discuss the situation in Ukraine

  • Hala Al-Saeed, Egypt’s minister of planning and economic development, discussed ways to enhance future cooperation between Egypt and Saudi Arabia...

    A discussion was held between Egypt's minister of planning and Saudi Arabia's minister of trade.

    The minister of Egypt stressed her keenness to consolidate relations between the Egyptian and Saudi business communities.

  • The value of the Egyptian pound shed 13 percent against the US dollar on Monday, registering 17.80 pounds against the...

    The pound's value went from 15.70 to the dollar on Sunday to 17.80 at midday on Monday, according to rates on state-owned banks

    The currency in Egypt saw a sharp devaluation in 2016 when it lost nearly half its value against the dollar overnight

  • Four of the six GCC members feature within the top 50 of the World Happiness Report, and are atop the...

    The World Happiness Report is a publication of the United Nation’s Sustainable Development Solutions Network

    It extensively uses data from the Gallup World Poll, and used data from polls for 2019, 2020, and 2021 for this year’s report

  • Licensed companies and small and medium enterprises (SMEs) accounted for 51 per cent of Ajman Free Zone’s total procurement of...

    Ajman Free Zone covered 27 per cent of the total purchases and contracts of SMEs alone during the same year.

    The Free Zone's procurement policy benefits investors and business owners from more than 165 countries, said Sheikh Ahmed bin Humaid Al Nuaimi, Chairman of AFZ Board.

  • ChequeScore is an app released by the UAE government-owned Al Etihad Credit Bureau, and can predict the possibility of a...

    The UAE issued 21 million cheques in 2021, with an average value of $13,900

    Despite the recent decriminalization of cheque bounces, UAE businesses must still consider the risks connected with them

  • Khamenei said the toughest problems encountered last year were due to "rising prices and inflation".

    Khamenei said the toughest problems encountered last year were due to "rising prices and inflation."

    Iran's economy has suffered under stringent sanctions that were reimposed by the US in 2018

  • Top crude exporter Saudi Arabia announced a "temporary reduction" in oil output at a facility run by energy giant Aramco...

    The Iran-backed Houthis, against whom Saudi Arabia leads a military coalition in Yemen, have repeatedly targeted the kingdom, including Aramco's sites

    The latest round of attacks comes after an oil refinery in the Saudi capital Riyadh was targeted on March 10 by a drone, an operation claimed by the Huthis

  • The Ajman Business Women's Council and Umm Al-Moumineen Women's Association in Ajman will now work together to empower women. The...

    Ajman Business Women's Council and Umm Al-Moumineen Women's Association signed an MoU to work for women empowerment.

    The focus of both the organizations will be on increasing women's contribution to the process of sustainable economic development.