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.
  • It followed the United States' recognition of Moroccan sovereignty over the disputed Western Sahara region, in a quid pro quo for re-establishing ties with Israel. That sparked concern in neighbouring Algeria, long-time backers of the Polisario movement, which seeks an independence referendum for Western Sahara.