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Saudi banks well positioned to weather economic shocks: Fitch

Saudi banks credit profiles remain solid with financial metrics displaying lower sensitivity to economic downturns than most GCC peers said Fitch Ratings in a new report. The Saudi operating environment...

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BAB joins Union of Arab Banks' Islamic banking panel

The Bahrain Association of Banks (BAB) has has announced that it has become a member of the Islamic Banking Committee recently established by the Union of Arab Banks marking another step toward deeper...

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Network International appoints new Group CFO

Network International (Network) a leading fintech company across the Middle East and Africa has appointed Ashish Jain as its Group Chief Financial Officer (CFO). In his new role Jain will advise on financial...

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GPG to act as management-led private markets investment firm

Bahrain-headquartered Gulf Partners Group (GPG) will operate as a management-led investment firm anchored by Arzan Financial Group (AFG) one of the region s leading financial institutions and publicly...

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SICO Capital appoints new Head of Equities Asset Management

SICO Capital a leading provider of asset management brokerage and investment banking services in Riyadh and licensed by the Saudi Capital Market Authority has appointed Hashem Alsada as its new Head of...

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GFH Partners consortium completes key investment in US cold storage owner

GFH Partners a Dubai International Financial Center (DIFC) headquartered investment manager and the global real estate investment arm of GFH Financial Group has announced that it has successfully completed...

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Public investment funds' assets in Saudi financial markets hit $58bn

The value of assets held by local and foreign public investment funds in the Saudi financial market grew by 36.1% annually climbing by SAR57.9 billion ( 15.44 billion) to approximately SAR217.9 billion...

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Abu Dhabi ranked world’s safest city for 10th consecutive year

Abu Dhabi has retained its position as the world s safest city for the tenth consecutive year since 2017 according to an international report released by Numbeo one of the the world s largest cost of living...

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Bahrain Bourse boosts financial ecosystem with BAB partnership

Bahrain Bourse (BHB) a licenced exchange by the Central Bank of Bahrain has announced that it has joined the Bahrain Association of Banks (BAB) reinforcing collaboration with the financial markets and...

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Global investors trust Saudi stability: Minister

As global investment flows slow Saudi Arabia is moving in the opposite direction. The Kingdom s disciplined approach to reform policy certainty and execution under Vision 2030 have created a rare strategic...

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ADIB posts record net profit before tax of 2.2bn in 2025, up up 18%

Abu Dhabi Islamic Bank (ADIB) has reported another year of exceptional financial performance delivering record earnings in 2025 on the back of strong balance sheet expansion rising business momentum and...

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QNB Group becomes first bank in MEA region to top $10 billion in brand value

QNB Group the largest financial institution in the Middle East and Africa (MEA) has become the first bank in the region to exceed a banking brand value of 10 billion a major milestone driven by constant...

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$75m prize pool for 7-week Esports World Cup 2026

The Esports World Cup Foundation (EWCF) has announced a total prize pool of 75 million alongside the full game lineup and schedule for the Esports World Cup 2026 (EWC) the world s largest esports event...

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Global musical 'Wicked' shows in Bahrain draw 7,000

The internationally acclaimed musical Wicked concluded its performances at the Bahrain National Theatre following a successful run held from January 13 to 17. This landmark production marked the first...

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Sarah Jammaz Al Suhaimi named Bahri Chairperson

The National Shipping Company of Saudi Arabia (Bahri) today (January 18) announced its new board of directors with Sarah Jammaz Al Suhaimi as its Chairperson and Abdullah Mohammed Al Zamil as the new Vice...

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Saudi General Entertainment Authority launches 'Million Riyal Menu'

Saudi Arabia s General Entertainment Authority (GEA) has announced the launch of the second annual Million Riyal Menu sponsored by Riyadh Season. Million Riyal Menu is the ultimate culinary battleground...

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