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 country's National Food Security Strategy 2018-2023 is geared to increase the strategic stock of food commodities to ensure food...

    In terms of food security indicators, the country ranks first in the Arab world and 13th globally, according to the December 2019 World Food Security Index

    Qatar’s "National Food Security Strategy 2018-2023 is geared to achieve local food security and increasing the strategistock of food commodities

  • The e-cheques will retain all the basic functions, legal validity, and benefits of paper cheques while providing a paperless payment...

    The e-cheques will come into effect on October 19, and will be available through two apps

    They are expected to complement traditional paper cheques, which are a popular payment instrument in Bahrain

  • UN Secretary-General Antonion Guterres has called for changes in the way the world produces, consumes, and wastes food. His remarks...

    Around 40 percent of the world — roughly 3 billion people — cannot afford a healthy diet

    The Covid-19 pandemic has left an additional 140 million people unable to access the food they need

  • People in the Middle Eastern countries are increasingly relying on apps to manage their money, streamline expenses and other banking...

    TRENDS presents a list of apps that can be used to manage personal finances in UAE and elsewhere in the region, as well as those that can be used anywhere

    Middle East has one of the highest percentages of smartphone penetration in the world

  • In an exclusive interview with WAM in Abu Dhabi, Carlos Roberto Massa Ratinho Junior said the economic relations between his...

    In an exclusive interview with WAM in Abu Dhabi, Carlos Roberto Massa Ratinho Junior said the economic relations between his state and the UAE are on an upswing

    In an exclusive interview with WAM in Abu Dhabi, Carlos Roberto Massa Ratinho Junior said the economic relations between his state and the UAE are on an upswing

  • Saudi Arabia’s non-oil exports rose 37 percent to a record SR125.3 billion in the first half of 2021, SPA reported....

    They increase by 8 percent in quantity, equivalent to 34.7 million tons, suggesting a rebound in prices as volumes returned to normal

    Saudi Arabia exported to 170 countries in the first half, led by SR17.0 billion of goods to the UAE

  • Egypt's current account deficit widened in the first quarter of the current financial year because of a surge in imports...

    A strong currency helped boost imports to $19.59 billion in the quarter from $13.83 billion a year earlier

    Two years earlier, before the pandemic, Egypt reported tourism revenue of $3.18 billion for the April-June period

  • Moody’s expects Oman’s current account deficit to decline below 4 percent of the GDP in 2021-23 from more than 13...

    Moody’s said the change ‘reflects the significant easing of pressures on government liquidity and external financing’

    This is said to have come as a result of the ongoing implementation of the Medium-Term Fiscal Plan and a relative rise in oil prices

  • The Turkish lira sank to a record low against the US dollar on Thursday after President Recep Tayyip Erdogan fired...

    One of the dismissed bankers was reportedly the only one to vote against a surprise interest rate cut last month.

    A dollar was worth 3.75 lira at the start of 2018. Erdogan has fired three central bank governors since 2019.

  • The rate of inflation in Saudi Arabia spiked in September after being at the lowest level in August, according to...

    It was 0.6 percent in September, up from 0.3 percent in August, the General Authority of Statistics said today

    The spike was fueled by a faster growth in prices for food and beverages