du 9M profit up 10.8%

Revenue grows as connectivity demand supports earnings

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.
  • The region’s common economic, defense and security integration and unity and coordinating stances were reviewed at the 42nd GCC Summit.

    They Gulf leaders seek to enhance solidarity and stability among GCC member states

    The Supreme Council will hold its 43rd session under Oman’s presidency

  • The GCC leaders discuss political issues and security challenges that require intensified efforts to enhance regional solidarity.

    The GCC leaders discuss political issues and security challenges that require intensified efforts to enhance regional solidarity

    The 42nd session of the Supreme Council of the GCC countries, chaired by Saudi Arabia, seeks to strengthen the process of cooperation

  • The Omicron coronavirus variant will slow the recovery in global demand for oil but the market will be "more comfortable"...

    The IEA said it had revised downwards its forecast for global oil demand by an average of 100,000 bpd for 2021 and 2022.

    The surge in new Covid-19 cases is expected to temporarily slow, but not upend, the recovery in oil demand.

  • Jordan Minister of Planning and International Cooperation Nasser Shraideh and USAID Jordan Mission Director Sherry Carlin signed the agreements.

    Jordan Minister of Planning and International Cooperation Nasser Shraideh and USAID Jordan Mission Director Sherry Carlin signed the agreements

    Under one of the agreements, the US government will transfer the second and final installment, of $245 million from its $845 million US cash grant to the Kingdom in 2021

  • China abstained, while India voted against, arguing that global warming was chiefly an issue related to economic development, rather than...

    China abstained, while India voted against, arguing that global warming was chiefly an issue related to economic development, rather than international security

    The resolution had called on the UN chief to report within two years "on the security implications" of climate change on issues addressed by the Security Council

  • The proposal was mooted at the apex bank's fifth board meeting chaired by Sheikh Mansour bin Zayed Al Nahyan, Deputy...

    The board approved the CBUAE's projected budget for the year 2022

    The bank also approved criteria of the UAE banks' loan exposure to realty sector

  • Mexico-UAE bilateral trade has witnessed an approximate 38 percent upsurge in the past five years (2016-2020), a senior Mexican official...

    The bilateral trade between 2016 and 2020 registered an average annual growth rate of 6.7 percent, from $511m in 2016 to $705.1m in 2020.

    Mexico has the capacity to be a strategic partner for it in the agri-food sector, said Martha Delgado Mexican Vice Minister for Multilateral Affairs.

  • The Abu Dhabi Investment Office (ADIO) has connected with hundreds of global business leaders, entrepreneurs and innovators in a series...

    A series of six inaugural events by its international offices discussed expansion opportunities to the UAE capital.

    ADIO’s offices in London, Paris, Beijing, Seoul, New York and San Francisco each organized an event.

  • An online electronic platform named 'loubany', aimed at promoting Lebanon's economy and industry, will be launched in on 15 January...

    The platform spells out its vision as 'Lebanese production, creativity, innovation and competence to reach the four corners of the world'.

    The platform particularly addresses Lebanese Diaspora to support the Lebanese economic initiatives.

  • “Iran intends to take advantage of the EU experience to improve agricultural commerce in Iranian villages with emphasis on women’s...

    “Iran intends to take advantage of the EU experience to improve agricultural commerce in Iranian villages with emphasis on women’s employment,” an Iranian official said

    Another priority for the ministry is designing and improving a national agricultural research plan, the official added