TESCO

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.

  • UK’s biggest retailer Tesco to cut 2100 jobs as inflation hikes costs

    Tesco plans to cut about 1,750 management roles.

  • ADIB finances Rasmala for Tesco supermarket acquisition

    The property,  constructed in 2012, extends to 100,365 sq ft ADIB offers Sharia-compliant property financing solutions Abu Dhabi Islamic Bank (ADIB) has provided structured Islamic financing to Rasmala Long Income Fund to support its acquisition of a supermarket investment in Hattersley, Greater Manchester. The property, which was constructed in 2012,...

  • Turkey bans plastic imports after Greenpeace alarm

    Greenpeace investigation finds "shocking" images of waste dumped along beaches across Adana city Turkey has been importing more plastic waste than any other country, 30% from the UK alone The Turkish government has banned the importation of most types of plastic waste after an investigation by Greenpeace revealed improper dumping...