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 has reported a robust growth in its economy, posting a 3.2 percent increase in the gross domestic product,...

    The economy expanded in 2021 by the highest annual rate since 2015

    The economy grew thanks to the rise in non-oil sector by 6.1 percent, while oil activities showed a modest growth of 0.2 percent

  • Israel has announced that all UAE citizens can now travel visa-free to Israel. The move is part of a wider...

    Both vaccinated and unvaccinated tourists of all ages are permitted to enter Israel upon presenting a negative PCR test before departure and after arriving in Israel

    The announcement follows a recent agreement between the UAE and Israel extending visa-free entry to all UAE nationals as part of the ongoing strategic partnership between them

  • The Federal Reserve will have to walk a tightrope to ensure its efforts don't derail the recovery from the Covid-19...

    The Federal Reserve will have to walk a tightrope to ensure its efforts don't derail the recovery from the Covid-19 pandemic

    Russia's invasion of Ukraine has introduced new uncertainty in an economy battered by supply chain snarls and labor shortages

  • Secretary-General of the Ministry of Investment, Zaher Qatarneh held a virtual meeting with a group of Jordanian businessmen in China.

    Secretary-General of the Ministry of Investment, Zaher Qatarneh held a virtual meeting with a group of Jordanian businessmen in China

    He added that the work is underway to develop a strategy to draw foreign investments in priority sectors, especially in industry, tourism, information technology and health sectors

  • Polish Prime Minister Mateusz Morawiecki again called on the EU to "very quickly give Ukraine candidate status".

    Polish Prime Minister Mateusz Morawiecki again called on the EU to "very quickly give Ukraine candidate status."

    Ukraine's deputy PM has praised "the courage of the true friends of Ukraine" as the Prime Ministers of three countries arrive to show support

  • Oil prices plunged on Tuesday as China, a major energy consumer, placed nearly 30 million people under COVID lockdown, and...

    China reported 5,280 new COVID-19 cases on Tuesday, more than double the previous day's tally

    "China oil demand risk is real," Dickson said, adding that a strengthening dollar also pressures crude prices since oil is traded in dollars

  • CEO du

    GCC companies should work closely with digital and software companies to expedite digital transformation, says Fahad Al Hassawi, CEO of...

    du is the second largest telecom service provider in the UAE, and its 2021 revenues grew by 5.4% to $3.19 billion

    Agility will be key to the telecommunications industry and requires telecom operators to look beyond connectivity, says al Hassawi

  • UAE’s estimated insurance expenditure reached more than AED8 billion ($2.17 billion) in 2021 an increase of AED499.4 million in comparison...

    The number of pensioners in Sharjah amounts to 6,692 (26 percent), while the number of pensioners in Dubai is 5,892 (23 percent).

    At 16,597 (65 percent) female pensioners outnumbered male pensioners who totaled 8,786 (35 percent).

  • Egypt and American Defense company, Lockheed Martin, have discussed ways to enhance cooperation.

    Mohamed Ahmed Morsi, Egypt’s minister of state for military production, held talks with Raymond Piselli, vice president of Lockheed Martin

    Morsi noted that Egypt’s growing presence in the field of security and defence is the result of economic reforms undertaken by Egypt

  • It will set up facilities along the Arabian Gulf and the Red Sea.

    Playa signed an agreement regarding the resorts with Saudi’s Tourism Development Fund on Monday

    This will contribute to enhancing the distinctive tourism experience and create local job opportunities