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.
  • GMIS2021 will convene over 45 UAE policymakers and industry leaders, alongside over 250 international speakers, to engage in 70 sessions...

    The summit will convene over 45 UAE policymakers and industry leaders, alongside over 250 international speakers, to engage in 70 sessions from November 22-27.

    The discussions at the summit will explore how data and connectivity are becoming the leading factors

  • Le Maire said that that the two countries will launch projects in renewable energy and hydrogen besides fighting climate change.

    Le Maire is on a two-day visit to the UAE to hold several high profile bilateral meetings with UAE officials

    The minister said that that the two countries will launch projects in renewable energy and hydrogen besides fighting climate change

  • This week’s TRENDS Explainer Video highlights how economic growth looks like in the Arab countries this year as per the...

    Middle Eastern countries responded to the pandemic with swift and stringent measures to mitigate its spread and impact. However, most of them continued to face an uncertain future

    Containing the health crisis, cushioning income losses, and expanding social spending had become immediate priorities. Most of the Arab governments, however, managed it well

  • However, the recent developments show that Europe has shed this energy-supplier image of the Gulf for a more realistic and...

    Kuwait has emerged as a major global humanitarian player and a significant mediator to sort out inter-Gulf differences

    This has contributed to the re-evaluation by European Union leaders of their policies towards the Gulf region

  • The agreement was concluded with an IMF team led by S. Ali Abbas, during a virtual discussion on the third...

    The agreement was concluded with an IMF team led by S. Ali Abbas, during a virtual discussion on the third review of the economic reform programme

    The Jordanian finance minister Al-Ississ stressed that the main issue for the government is to reduce unemployment rates and create job opportunities

  • "Thousands of people from Isfahan, farmers from the east and west of the province, have gathered in the dry Zayandeh...

    The massive protest was the biggest since demonstrations over the water crisis started on November 9

    The Iranian government has promised to come to the aid of farmers and resolve the crisis

  • Dubai index outperformed GCC peers, following the emirate's announcement of plans to open a $545 million market-making fund and IPOs...

    As of Thursday, Abu Dhabi's main index increased by 0.1 percent, aided by a 2.4 percent increase in Alpha Abu Dhabi Holding.

    Saudi index lost for the third consecutive week and Abu Dhabi was largely stable.

  • The UN Conference on Trade and Development (UNCTAD) has warned that the rising shipping prices could spike global inflation by...

    The current price to ship a 40-foot container unit from China to the US is now 348 percent higher than the pre-pandemic average

    The UN calculates that a global drive to vaccinate people against coronavirus can go a long way to ameliorate the current shipping crisis

  • Saudi Arabia has unveiled two initiatives to help the country boost its production and manufacturing.

    The National Industrial Development and Logistics Program has launched the initiatives along with the Riyad Bank

    The two schemes are called "We finance, you manufacture" and "We invest, you manufacture"

  • Libya’s second city Benghazi has mushroomed to twice its size, creating an unplanned and chaotic urban sprawl.

    The fighting in Libya has displaced countless families, forcing many to build new homes without permits

    This has led to a jumble of neighborhoods that often lack infrastructure, from proper roads to schools or sewerage systems