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 signing ceremony was attended by the Minister of Transport and Logistic Services Eng. Saleh bin Nasser Al-Jasser and his...

    The signing ceremony was attended by the Minister of Transport and Logistic Services Eng. Saleh bin Nasser Al-Jasser and his Omani counterpart Eng. Saeed Al-Maawali

    The MoU is geared to benefit from the unique geographical location of the two countries and achieve the objectives of the national strategy for transport and services

  • Cyprus hopes to boost its share of renewable energy to 23 percent by 2030 as part of its National Energy...

    Cyprus hopes to boost its share of renewable energy to 23 percent by 2030 as part of its National Energy and Climate Plan

    In October Cyprus also signed a deal with Greece and Egypt to transfer electricity through lines connecting the three countries

  • Japan aims to attract 60 million visitors annually by 2030 and it is looking to draw a large number of...

    Japan aims to attract 60 million visitors annually by 2030 and it is looking to draw a large number of them from the Middle East

    As many as 28222 tourists visited Japan from the GCC in 2019, marking an increase of 28 percent from last year

  • Traders holding Dubai Economy's DED Trader license can digitalize their businesses by using SingleCart App and a complete line-up of...

    Traders can digitalize their businesses by using SingleCart App and a complete line-up of the app's features to reach a larger number of consumers.

    The app is designed to help them handle in-store and online sales seamlessly from their smartphone.

  • Several amendments to the Commercial Transactions Law related to cheques will contribute to raising the UAE's ranking in the Global...

    Several amendments to the Commercial Transactions Law will come into effect in Jan 2022.

    The changes will also consolidate the principles of justice by striking a balance between the interests of the cheque beneficiary or bearer: CBUAE

  • The first lithium production facility in the Middle East will be established in the Khalifa Industrial Zone Abu Dhabi (KIZAD),...

    The $95 million will be set up by Australia's Lepidico at the eco-friendly, zero-waste facility.

    Lepidico's special process extracts lithium and recovers valuable byproducts from lithium-mica and phosphate minerals.

  • Saudi Arabia will not reduce value added tax any time soon, but will consider doing it when it public finances...

    There will be no VAT cut anytime soon, he told the media, on the sidelines of the Group of Twenty (G20) meetings in Rome

    Al-Jadaan expects the Kingdom's general budget to record a deficit at the end of this year

  • The procedures relate to tax registrants who apply for reconsideration of or who submit objections to the Authority’s decisions.

    The procedures relate to tax registrants who apply for reconsideration of or who submit objections to the Authority’s decisions

    The Authority will review the reconsideration request and issue a decision, giving its reasons within 40 business days

  • A key aim of the initiative was to understand how organised crime attempts to move illicit assets, such as the...

    A key aim of the initiative was to understand how organised crime attempts to move illicit assets, such as the flows of cash and gold

    Over a week, Dubai and Abu Dhabi-bound flights from the UK were subject to increased security to check if criminal groups were attempting to smuggle cash and gold from the UK

  • This was more than double the target of 30 percent reduction in business setup procedures that the emirate had set...

    The move is said to be part of Dubai ruler Sheikh Mohammed bin Rashid Al Maktoum’s vision to make the emirate economically attractive

    The vision looks to achieve this by helping entrepreneurs set up and run businesses much more easily