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.

US condemns missile attack on the UAE

A resident in Sana’a, the Yemeni capital, amid debris after an air strike by Saudi-led coalition forces, launched following an attack on Abu Dhabi by Yemen’s Houthi rebels.
  • The Ministry of Defense said in a statement that "there were no casualties resulting from the attack, and the fragments of the ballistic missile fell outside of populated areas"
  • "We condemn the latest Houthi missile attack on Abu Dhabi," tweeted Edward Price, the Spokesperson for the US Department of State

The United States has condemned the Houthi missile attack on the UAE. In a tweet, Edward Price, the Spokesperson for the United States Department of State, said, “We condemn the latest Houthi missile attack on Abu Dhabi. While Israel’s president is visiting the UAE to build bridges and promote stability across the region, the Houthis continue to launch attacks that threaten civilians.”

On Monday morning, the UAE air defense forces had intercepted and destroyed a ballistic missile launched by Houthis at the UAE.

The Ministry of Defense confirmed in a statement that “there were no casualties resulting from the attack, and the fragments of the ballistic missile fell outside of populated areas.”