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
  • A look at the Arab countries that are dependent on wheat imports from Ukraine and Russia.

    Russia is the largest producer of crude oil, second largest producer of gas and the largest exporter of wheat.

    Many Arab countries depend on Russia for their wheat imports and fear disruption in supplies.

  • A panel discussion was organized by the Riyadh Economic Forum to review the progress of an important study, “New Investments,...

    Several government officials, academics, businessmen and women and others participated in the discussion.

    The study explores future scenarios for the industrial fields related to the knowledge economy.

  • The Qatar-Nigeria Economic Forum kicked off in Lagos, the economic capital of the Federal Republic of Nigeria.

    The Forum aims to enhance economic cooperation and review business opportunities between the two countries

    A special focus will be placed on cooperation in the fields of manufacturing, construction, oil and gas and technology

  • The humanoid robot Sophia, the world's first robot citizen, will arrive in Dubai on Tuesday, March 8, to participate in...

    Sophia will attend largest smart conference for internal auditors, the 20th Annual Regional Audit Conference from March 7- 9.

    Sophia became the world's first robot citizen after Saudi Arabia granted her citizenship in October 2017.

  • A 10 megawatt solar photovoltaic plant named Tozeur 2 has started operations in Tozeur, a governorate in southwest Tunisia. The...

    The plant, built at a cost of 25 million dinars ($8.4m) will consolidate the production of the first plant Tozeur 1, to reach a total capacity of 20 megawatts.

    The two plants will supply one third of the governorate's electricity needs, equivalent to the consumption of about 18,000 families.

  • TechWorks is a Jordanian platform aimed at bringing together youth, ideas and resources to jump-start innovations.

    Set up in 2018, TechWorks says its mission is ‘to plug into entrepreneurial and innovation ecosystems’ and turn ideas into reality

    Affiliated with a foundation set up by Crown Prince Hussein, it is equipped with technology such as 3D printers

  • Since Russia's invasion 10 days ago, the economic and humanitarian toll of the war has spiraled, sending more than one...

    Russia has threatened a wider war if a no-fly zone is set up by any Western power

    Ukraine has received weapons, ammunition and funds from its Western allies

  • In the United State, it took more than a century to pass regulations governing record-keeping for wells and their sealing,...

    The US is pockmarked with millions of abandoned oil wells that are unsealed but haven't produced anything in decades

    The US Environmental Protection Agency estimates that there are around 3.5 million orphaned wells that can leak oil and brine

  • The initiative, called Beyond Food, was launched in collaboration with the Nama Women Advancement Establishment.

    The UAE and IRENA will have tied up to promote the deployment of clean cooking solutions across the world

    The partnership aims to expand and bring in more key actors working on this issue in the coming days

  • The decision includes suspending ‘social distancing measures in all open and closed places’ including mosques.

    The Covid-19 pandemic hugely disrupted Muslim pilgrimages, which are usually key revenue earners for the kingdom, bringing in some $12 billion annually

    In 2021, the pandemic forced Saudi Arabia to downsize the hajj for a second year, and just 60,000 fully vaccinated citizens and residents taking part