Articles
Sustainable bond issuance to total $850bn in 2021, Moody's says
More than $3tn in fiscal stimulus globally will be dedicated to financing a green recovery by 2025
Etisalat’s second-quarter net profit rises on higher revenue
The company's total profit increased to Dh2.4bn in the three-month period ending June 30
UAE Central Bank maintains base rate at 15 basis points after Fed holds rates steady
The rate signals the general stance of the CBUAE’s monetary policy, the regulator says
Dubai summit to attract venture capitalists to support start-ups
Dubai Chamber of Digital Economy to host more than 500 venture capitalists and 1,000 tech start-ups in January 2022
Abu Dhabi Islamic Bank’s Q2 profit rises on lower impairment charges and higher revenue
Profit for the three-month period climbed to Dh501.2m
Dubai records property deals worth $17bn in first half of 2021
About 54% more apartments and 49% more villas were sold, compared with the second half of last year, Property Finder says
First Abu Dhabi Bank profit jumps on investment gains
The UAE's largest lender by assets reports $784m in net income in the second quarter
Fitch affirms ratings of six Saudi banks and revises their outlook to 'stable'
Rating agency’s revision is based on authorities’ strong ability to support the kingdom’s banking system amid economic recovery
Hiring in OECD area rises marginally in first quarter
Employment rate jumps in the eurozone, the US and Canada
DIFC invests in UK-based LegalTech start-up Clara
Investment was made through the Dubai-based financial free zone's $100m FinTech fund
Saudi telco Mobily reports 32% jump in second-quarter profit as revenue grows
Company makes profit of $65m after revenue increases 5% to about $988m
Dubai’s prime residential market records 43.8% rise in sales volume
Total sales during the period touched Dh16.7bn, with The Palm Jumeirah, MBR City and Downtown Dubai topping the charts
Dubai’s Sobha on track to hit Dh2.5bn in sales in 2021
The company aims to deliver 1,600 units by the end of the year as property market recovers from the pandemic
Egypt’s Taager raises $6.4m to expand Middle East presence
The early stage funding round was led by 4DX Ventures, a pan-Africa focused venture capital firm and other investors
Vaccination requirement should not be mandatory for global travel, Iata says
Aviation body urges countries to follow World Health Organisation guidelines on international arrivals
