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.
  • International oil prices surged by around 36.5 percent and reached a 7-year peak, exceeding US$ 82 a barrel at the...

    International oil prices surged by around 36.5 percent and reached a 7-year peak, exceeding US$ 82 a barrel at the end of November 2021, the highest level since October 2014

    Increased demand from major oil consumers like China, South Korea, India, and the European Union was responsible for the rise.

  • Earlier this month Turkey and Armenia named special representatives to work on the normalisation of ties.Turkey will be represented by...

    Arch-enemies Armenia and Turkey have recently made tentative moves to improve relations

    Arch-enemies Armenia and Turkey have recently made tentative moves to improve relations

  • Finance Minister Nureddin Nebati urged citizens to sue economists who comment on social media about the lira's slide. His remarks...

    Lira entered a tailspin that saw it lose nearly half its value from the start of November to the moment President Erdogan announced new currency support measures last week.

    Nebati accused the commentators of using "psychological warfare" by urging Turks to buy gold and dollars in order to preserve their savings against further lira declines.

  • The exchange house used a civilian vehicle to transport the money instead of using Cash-in-Transit Agent.

    The exchange house used a civilian vehicle to transport the money instead of using Cash-in-Transit Agent

    The CBUAE works to ensure that all licensed financial institutions operating in the UAE, including exchange houses, abide by UAE laws

  • The ancient bathhouses of Syria's second city Aleppo are filling up again, not because of a revived fad, but due...

    With their marble steam rooms, hexagonal fountains and distinctive domes, Aleppo's bathhouses have for centuries served as a social hub

    Shortages of water, fuel and electricity across war-torn Syria have also turned them into a refuge for those looking for a long, warm bath during the cold winter.

  • The project will improve wastewater treatment and environmentally friendly sludge disposal.

    The project will improve wastewater treatment and environmentally friendly sludge disposal.

    The value of the EU’s bilateral support to the water and sanitation sector in Jordan is over 150 million euros

  • Procedures, approved in a session chaired by Prime Minister, Bisher Khasawneh, included reducing inspection fees on imported foodstuffs by 30...

    Procedures, approved in a session chaired by Prime Minister, Bisher Khasawneh, included reducing inspection fees on imported foodstuffs by 30 percent for three months

    The procedures also included reducing customs duties on some basic foodstuffs, increasing work efficiency and expediting completion of customs transactions, inspecting containers

  • Apart from the hospitals, the rest of Mosul is also struggling to regain a sense of normalcy. Residents crowd into...

    The former stronghold of the Islamic State group, Mosul was devastated by the battle to oust the jihadists that ended in summer 2017

    More than four years on, the northern metropolis remains a patchwork of gutted concrete carcasses interspersed between buildings under construction

  • Prosecutors had already questioned Culture Minister Mabrouka Touki before the order was issued to detain her on charges of ‘falsifying...

    The culture minister, an academic with a degree in nuclear physics, was appointed in March as part of the interim unity government

    The probe relates to alleged graft over a contract for maintenance works on ministry buildings which had already been refurbished last year

  • The Abu Dhabi School of Government (ADSG) and Abu Dhabi Global Market Academy (ADGM Academy) have launched the ‘Investment Foundations'...

    The program aimed at equiping Abu Dhabi government employees with knowledge and skills related to finance, ethics, and investment practices.

    Participants will receive a certification jointly accredited by the ADSG and Abu Dhabi Global Market Academy.