Al Rajhi Bank 9M profit up

Revenue growth lifts earnings despite higher provisions

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.
  • A government statement published by the country's official MAP news agency said that the ban would end on February 7.

    A government statement published by the country's official MAP news agency said that the ban would end on February 7

    The decision followed "the evolution of the epidemiological situation in the kingdom", the statement said

  • The UAE has introduced a "NAFIS" program to foster positive competition among UAE nationals, and enable them to take job...

    The program will be steered by Emirati Talent Competitiveness Council (ETCC) in cooperation with the Federal Youth Authority.

    The program targets Emirati talents and connects them with private sector firms which are searching for qualified Emirati professionals to fill the job vacancies.

  • The significant increase in the UAE’s industrial exports coincided with 220 new facilities commencing production in 2021, said Minister of...

    With the help of National In-Country Value (ICV) Programme, UAE pushed $11 billion back into the local market, the minister said.

    UAE rose five places in the Competitive Industrial Performance Index issued annually by the United Nations Industrial Development Organization.

  • Chairman of the Federation of Saudi Chambers (FSC) Ajlan Al-Ajlan has called for preparing a roadmap to enhance economic relations...

    Chairman of the Federation of Saudi Chambers Ajlan Al-Ajlan recommends establishment of joint companies and an e-platform to promote Russian and Arab products.

    Al-Ajlan also stressed the importance of overcoming financial and banking obstacles and stimulating Russian banks to open branches in Saudi Arabia.

  • Saudi Arabia has launched a group to develop its video gaming industry, state media reported Wednesday, as the kingdom seeks...

    Video gaming and esports have grown in popularity in the kingdom of some 35 million people, the majority of whom are under the age of 25.

    Saudi Arabia's games market reached $1 billion in 2021, the highest value among the Arab countries of the Gulf.

  • The United Arab Emirates' Executive Office for AML/CFT and the Executive Office of the Committee for Goods and Materials Subject...

    The assessment was initiated in recent weeks and is expected to be completed by the end of 2022.

    The risk assessment will cover how financial resources may be used to develop nuclear, chemical, and biological weapons.

  • The agreement signed by Energy Minister Walid Fayad with his Jordanian and Syrian counterparts is expected to give Lebanon two...

    Lebanon has not had round-the-clock mains electricity since the end of the 1975-1990 civil war.

    But an unprecedented financial crisis has led to power cuts lasting 22 hours a day, forcing most Lebanese to rely on expensive private generators.

  • Finance Minister of Dubai Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum affirmed that his government provided all support needed...

    Dubai Finance Minister Sheikh Maktoum bin Mohammed bin Rashid said Dubai Mercantile Exchange (DME) was able to gain the confidence of major oil producers.

    DME is located within the Dubai International Financial Centre (DIFC), a financial free zone designed to promote financial services.

  • Turkey's main airport stirred back to life on Wednesday and Greece's under-fire prime minister issued a formal apology as the...

    Public anger has been boiling over in both countries over officials' seeming helplessness in the face of one of the heaviest snowstorms in years

    The Greek government woke up on Wednesday to newspaper headlines lamenting a "fiasco"

  • The discussion happened at the first session of the Jordanian-Tunisian Joint Trade Committee.

    The meeting was attended by Secretary-General of Jordan’s Ministry of Industry, Trade and Supply Dana Al-Zoubi

    Head of the Cabinet of Minister of Trade and Export Development in the Tunisian Ministry of Trade, Khaled bin Abdullah, also attended