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.
  • Lebanon telecommunications ministry's budget would be based on two figures instead of one within the framework of the new state...

    The first figure took into consideration the possibility of continuing to charge consumers the same current tariff, based on the official rate of LBP 1500 per US dollar.

    The minister said the break-even figure for the ministry of telecoms at present is within the range of LBP 9000.

  • The company said as a supply chain crunch and inflation are set to ease.

    The announcement follows a string of quarterly earnings surprises for the network equipment maker, which last October managed to boost its third quarter profits.

    Nokia now expects an operating margin ranging between 11 percent and 13.5 percent in 2022.

  • Qatar’s Ministry of Environment and Climate Change has said the projects will cover a variety of sectors, including the medical,...

    Qatar already has 35 technical cooperation projects with the IAEA, including 10 national, 23 regional, and two global projects

    These have been implemented through more than 10 different institutions from the country

  • Lebanon, a country of around 6 million people, is grappling with an unprecedented financial crisis that the World Bank says...

    Lebanon, in the throes of a brutal economic crisis, is no longer just a launchpad for Syrian refugees and other foreign migrants

    Its own desperate citizens now also risk drowning in the Mediterranean in their quest for a better life

  • The IMF's warning that developing nations are about to face what it called “economic turbulence” is bad news for the...

    GCC countries are depending on emerging nations to diversify their own economies

    With those economies now under a cloud, the GCC nations should choose their next steps carefully

  • The UAE Ministry of Human Resources and Emiratization (MoHRE) called on private sector establishments to commit to timely paying the...

    Ministry of Human Resources and Emiratization asks employers to register and document any agreement with their workers regarding the change of wages through the approved system.

    The UAE has been the pioneer in launching the WPS, which, since its implementation in 2009, has been praised by the International Labor Organization.

  • Suriname, Tanzania, and Senegal have explored investment and other opportunities to collaborate with the stakeholders from across the region and...

    Suriname is a country on the north-eastern Atlantic coast of South America, the most forested country of the world with 28 hectares of forest per capita.

    CEO Clubs Network organized an event dedicated to tourism opportunities in Tanzania.

  • The number of Saudi nationals who got jobs in the private sector crossed 1.9 million in 2021, the highest number...

    The number of Saudi nationals who got jobs in the private sector crossed 1.9 million last year, says the ministry

    The drive has also helped in creating an attractive and stimulating work environment for Saudi nationals in private sector

  • Dubai Chambers has been established as a new entity, replacing the Dubai Chamber of Commerce & Industry, and Juma Al...

    One of the decrees establishes the Board of Directors for Dubai Chambers and appoints Abdul Aziz Al Ghurair as its Chairman.

    As per the new legislation, Dubai Chambers' main responsibility is to develop plans and policies to enhance the emirate's global status as an economic hub.

  • Chemical industries topped Egypt’s plasticware exports in 2021 with a total value of $2.7 billion compared to $1.4 billion posted...

    Chemical industries topped Egypt’s plasticware exports in 2021 with a total value of $2.7 billion compared to $1.4 billion posted in 2020

    In 2021, the Egyptian exports recorded their highest growth of $31 billion despite the ongoing Covid-19 pandemic