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.
  • For the tenth consecutive year, Arab youth have said the UAE is the country they would like to live in...

    A third of the youth polled in a survey cite UAE's growing economy and opportunities it offers as attractions.

    Ninety-nine percent of Emiratis say their country’s economy was heading in the right direction.

  • DP World will contribute its stakes in three existing ports and invest $1 billion over the next few years through...

    DP World will contribute its stakes in three existing ports and invest $1bn over the next few years.

    CDC is committing $320 million initially and a further $400 million over the next several years.

  • Lebanon is currently experiencing possibly the worst economic crisis in the world.

    Members of the Lebanese government started a conclave to develop a vision on a rescue and action plan for the country

    The conclave began at the monastery of Saint John the Citadel in Beit Meri

  • Etihad Credit Insurance (ECI), the UAE Federal export credit company, and SACE, the Italian export credit company (CDP Group), have...

    Etihad Credit Insurance chief says significant gains made in Halal-certified businesses.

    The two sides explored how they can help boost the flow of goods, services and investment capital worldwide.

  • Demand for gas in the region eclipses global demand by more than twofold, the second highest in the world in...

    Power generation in the region forms 52 percent of total consumption, with the region's energy transition plans heavily reliant on LNG import projects

    The bloc espoused the merits of LNG output expansion in improving energy efficiency by up to 39 percent as part of efforts to reduce dependence on oil and petroleum products

  • The visits of several Israeli ministers so far show the importance the Jewish state attributes to the event.

    The future of Israel-UAE relations depends on how they are affected by major flareups over Jerusalem or other aspects of the Israeli-Palestinian conflict.

    The UAE has become one of Israel's top twenty trading partners in 2021. Food security, agriculture tech and water management are key areas of partnership.

  • The IMF board said it "considered that the information presented in the course of its review did not conclusively demonstrate...

    An investigation by law firm WilmerHale has concluded that the Bulgarian economist manipulated data in favor of China while in a senior role at the World Bank

    WilmerHale's controversial findings center on the drafting of the 2018 and 2020 editions of the World Bank's report ranking countries according to their ease of doing business

  • The world’s largest cryptocurrency exchange recently registered three companies in Ireland and is currently setting up several regulatory companies worldwide....

    Binance CEO Changpeng Zhao, according to sources, may move the operations of the world’s largest cryptocurrency exchange from Seychelles to the UAE city.

    The cryptocurrency exchange is banned by several governments, while other countries are open to investigations into allegations such as market manipulation

  • The NIS is expected to raise annual FDI flows to $103.47 billion and increase annual domestic investment to $286.33 billion...

    The National Investment Strategy is expected to increase annual domestic investment to 1.7 trillion riyals by 2030

    The strategy will be ‘a key enabler; of the Vision 2030 plan, announced in 2016 to diversify the economy of the world's biggest oil exporter

  • Qatar and Saudi Arabia lead the GCC countries when it comes to spending on education.

    Qatar has in absolute terms spent more per capita for education than any GCC nation since 2016

    However, when it comes to absolute totals and the share of the GDP spent on education, Saudi Arabia leads the pack