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
  • Dubai Electricity and Water Authority (DEWA) has achieved 8 stars level in the European Foundation for Quality Management (EFQM) Innovation...

    DEWA achieved a score of 800 on this award that measures innovation culture and its role in achieving results in leading organizations worldwide.

    DEWA made many achievements in the field of excellence in 2021, including winning the Sheikh Khalifa Excellence Award (SKEA) in the Elite Category.

  • The Gulf Cooperation Council region witnessed a 40 percent rise in job creation in the last quarter of 2021 compared...

    Job creation across the region was driven primarily by a significant recovery in the UAE and Saudi Arabia.

    Real estate, public, software development, cyber security, sales and marketing sectors witnessed a significant increase in hiring.

  • Bahrain has launched ‘Golden Residency Visa’ for residents and non-residents with immediate processing of the applications electronically upon meeting the...

    The move is a part of the Kingdom’s strategy to attract foreign investments where the visa holders will enjoy benefits

    Bahrain’s ‘Golden Residency Visa’ will be available for qualifying residents, allowing them to take advantage of the benefits

  • Jordan’s Energy and Minerals Regulatory Commission ascribed any rise in the electricity bill to high demand during this winter when...

    Jordan’s Energy and Minerals Regulatory Commission ascribed any rise in the electricity bill to high demand during this winter when the electricity load was at 4,010 megawatts

    The regulator referred to repeated complaints about higher electricity bills during summer or winter when temperatures rise or fall, prompting consumption to soar

  • The company plans public offering of Arm by March 2023.

    The announcement came as the telecoms firm-turned-investment giant reported a net profit of 29.0 billion yen ($251 million) in the third quarter

    And there have been challenges elsewhere for SoftBank, including losses on Chinese ride-hailing giant Didi Chuxing

  • Saied has pushed the country down a dangerous route back towards autocracy, says critics.

    Tunisian police blocked access to the country's top judicial watchdog in a move its chief slammed as "illegal", two days after President Kais Saied dissolved the body

    Saied has vowed that he would not interfere in court cases or judicial appointments

  • The production of semiconductors, also known as chips, has become a strategic priority in Europe as well as the United...

    The production of semiconductors, also known as chips, has become a strategic priority in Europe as well as the United States, after the pandemic choked off supply

    The manufacturing of chips overwhelmingly takes place in Taiwan, China and South Korea and the European Union's 27 member states

  • The company achieved a net profit of QR 8.1 billion for 2021.

    Industries Qatar said in a statement that the Group revenue significantly improved by 77 percent to reach a record QR 20.2 billion

    Earnings per share (EPS) amounted to QR 1.34 for the year, versus QR 0.32 for last year

  • Lebanon’s Fuel Distributors Representative Fadi Abu Chakra has confirmed that "there is no diesel oil crisis" in the country. The...

    The rumors of oil crisis started to circulate after a ship carrying 42 thousand tons of diesel met with a marine accident.

    The representative confirmed that diesel will be available during the next week and there is no crisis but a shortage.

  • Commercial Bank of Dubai (CBD) has approved a debt financing deal with Postpay, a leading omni-channel Buy Now, Pay Later...

    The strategic partnership with CBD will provide support to Postpay on several fronts including Transaction Banking

    The continued support from CBD will also enable Postpay’s planned expansion in the UAE, KSA, and other GCC countries