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.
  • The Banque Centrale du Tunisie (BCT) board has urged for continued coordination between financial and monetary policies.

    The central bank reaffirmed its intention to closely monitor all economic, monetary, and financial developments

    It also said it would use mechanisms at its disposal to support the country’s economic recovery while containing inflation

  • The fact that the European Commission quietly distributed the text of this proposal to member states late on Friday, in...

    The proposal aims to support the 27-nation bloc's shift towards a carbon-neutral future

    It also looks to gild the EU’s credentials as a global standard-setter for fighting climate change

  • Eligible topics include electoral, economic, financial, social, developmental, health, education and cultural affairs.

    The move is part of a reform package pushed by President Kais Saied

    The exercise calls on citizens to send in suggestions and will last until March 20

  • On Wall Street, the broad-based S&P 500 had its best December in over a decade, and scored a third straight...

    On Wall Street, the broad-based S&P 500 had its best December in over a decade, and scored a third straight year of double-digit gains with a 27.1% jump

    In Asia, Hong Kong's main stocks index finished with gains Friday, on surging Chinese tech shares

  • Experts believe that 2022 will be a milestone year for bitcoin, with the ups outweighing the downs. Cryptos may suffer...

    Some experts believe that improved use and legality of cryptocurrencies will help reduce the wild swings in their prices

    The Dubai World Trade Center has announced it would become a specialized area in encrypted assets, including digital assets

  • The Lebanese pound has lost more than 90 percent of its purchase power since end-2019, due to its devaluation against...

    Fuel distributors issued a statement urging ministers to shore up the value of the Lebanese pound against the dollar

    Their statement, read by representative Fadi Abu Shakra, stressed that ‘the schedule of fuel prices will be issued next Tuesday’

  • Given the current trends, the country’s GDP is expected to grow by 13.8 percent by the end of the current...

    As a percentage of the GDP, the deficit was down from 15.5 percent in 2020 to 3.8 percent this year

    All credit rating agencies amended Oman’s future outlook during this year to ‘stable’ and ‘positive’

  • Tunisian President Kais Saied is preparing to ask the public for their thoughts on a new constitution.

    President Kais Saied sacked the government, suspended parliament, and seized wide-ranging powers on July 25

    The former law professor has long called for an overhaul of the country's post-revolution political system

  • The election, set for December 24, was meant to be the culmination of UN-led efforts to drag Libya out of...

    Libya's interim Prime Minister Abdulhamid Dbeibah chaired a cabinet meeting on Thursday, marking his return to the post

    This happened despite concerns that postponing of the country's presidential election could jeopardize his position

  • Having more than trebled in value to $60,000 between December 2020 and April, bitcoin has lost some shine to trade...

    Having more than trebled in value to $60,000 between December 2020 and April, bitcoin has lost some shine to trade at under $50,000 heading into the new year

    The record high in April occurred with the stock market debut of cryptocurrency exchange Coinbase.