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.

  • Real estate transactions worth AED5.7 billion ($1.55 billion) were recorded in Sharjah during the third quarter of 2021, an increase...

    A total of 1,662 sales transactions were recorded during Q3 2021, showing an increase of 52.5 percent compared to the same period last year.

    About 76 percent (1,262) of the sales transactions were made in the residential sector, followed by industrial sector (206), commercial (152) and agricultural (42).

  • Etihad Rail has completed the construction of a rail bridge connecting Khalifa Port with the UAE National Rail Network. The...

    The bridge will play an important role in improving the transportation of goods in the region.

    Etihad Rail recently completed construction works for Package A of Stage Two, which extends over 139 km.

  • Countries with poor economies will face severe consequences of climate change caused by the rich nations.

    According to the study, 65 most vulnerable nations will see GDP drop 20 percent on average by 2050

    Eight of the top 10 most affected countries are in Africa, while two others are in South America

  • Two sides discussed the prospects of boosting trade exchange and the flow of goods between the two countries.

    Two sides discussed the prospects of boosting trade exchange and the flow of goods between the two countries

    The countries will explore opportunities, especially in artificial intelligence, e-trade and food security as well as the fourth industrial revolution

  • The economy of Lebanon is in crisis. Here’s a look at which countries it depends on for trade and aid,...

    Lebanon has been asking its neighbors in general and GCC countries in particular for help to bail it out of this economic crisis

    It has already received assurance of electricity supply from Jordan via infrastructure in Syria

  • Gulfood Manufacturing, the largest food and beverage processing and packaging show for the Middle East, Africa, and South Asia (MEASA),...

    The event will run for three days and address the sector’s sustainable packaging, automation, and F&B supply chain issues.

    UAE’s trade in food commodities contributed more than seven percent of the country's GDP for 2020.

  • In Tunisia, the land dedicated to organic farming has multiplied 20-fold since 2001. In Morocco, the area of farmland certified...

    Despite its small size, Tunisia ranks 30th in the world and first in Africa in terms of area certified for organic farming.

    Moroccan authorities are trying to develop the sector with the Green Morocco Plan, which helps farmers cover the costs of getting certified.

  • Q3 net profit down 18 percent from the same period last year.

    The firm's total comprehensive income also dropped 36 percent to 38 million riyals.

    Axa said the fall in net profit can be attributed to the overall decrease in insurance results and an increase in investment income.

  • Colombia sees the UAE as a potential partner for growth in bilateral trade, economy, and tourism.

    Non-oil bilateral trade between the two countries amounted to $176 million in the first half of 2019

    The two nations are also in talks over signing a MoU for double taxation avoidance

  • Merely producing great quantities of oil or having a shortage does not dictate whether a country will have the cheapest...

    The world usually buys gasoline at the same price, with the current global average being $1.21 per liter

    However, the price at which gasoline is sold by each country varies because of national and provincial subsidies and tax rates