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Capital Group to open is first Middle East office in Abu Dhabi

Capital Group one of the world s largest and leading active investment managers has announced plans to establish its first office in the Middle East in the UAE s Abu Dhabi Global Market (ADGM). The firm...

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Sarwa becomes first UAE fintech to top $1bn in client assets

Sarwa one of the GCC s most-recognised investment and personal finance platforms has crossed 1 billion in client assets becoming the first UAE-founded FinTech platform to reach this milestone. Having been...

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GCC states top global average in 2026 Economic Freedom Index

Gulf Cooperation Council (GCC) countries outperformed the global average in the 2026 Economic Freedom Index reflecting stronger economic openness and an improved business environment data from the GCC...

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UK group Rokos Capital Management opens office in Abu Dhabi

UK-based Rokos Capital Management (RCM) has opened a new office in Abu Dhabi after receiving its Financial Services Permission (FSP) from the Financial Services Regulatory Authority (FSRA). The RCM office...

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DFM reports strong Q1, revenue rise to $68.9m

Dubai Financial Market (DFM) said its consolidated revenues for the first quarter reached approximately AED253.1 million ( 68.91 million) compared with AED186.5 million during the same period in 2025....

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Beyon's Q1 revenue soars to $313m; net profit down 115pc

Beyon a global technology group based in Bahrain dedicated to bringing technology closer to people and businesses with best-in-class connectivity and digital solution has recorded solid revenue growth...

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Citi announces senior leadership appointments

Citi has announced senior leadership appointments across its Banking & International franchise effective August with roles based between London and Dubai. The appointments reinforce Citi s strategy to...

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Visa appoints Emirates NBD as National Net Settlement Service Agent in UAE

Visa a world leader in digital payments has appointed Emirates NBD a leading banking group in the Middle East North Africa and Türkiye (MENAT) region as its official National Net Settlement Service (NNSS)...

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Alpha Dhabi Holding reports $5.12bn revenue for first quarter

Alpha Dhabi Holding one of the fastest-growing investment holding companies in the MENA region has reported a strong set of financial results for the first financial quarter of 2026. Group revenue reached...

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UAE's planned e-invoicing system to strengthen digital economy

The UAE s private sector is getting ready to implement mandatory e-invoicing in phases from July 1 2026 that is expected to reduce downtime increase transparency and improve the collection of Value-Added...

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Arab Bank Group Q1 net profit soars to $276m

Arab Bank Group reported solid results for the first quarter of 2026 with 2% increase in net income after tax reaching 275.8 million when compared to 271 million for the same period last year. The Group...

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Qatar Toy Festival to return in July

Qatar Calendar has announced the return of the Qatar Toy Festival (QTF) in July under the slogan More to Imagine A Whole World of Fun . The festival will take place at the Doha Exhibition and Convention...

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Oman sets up Artificial Intelligence Special Zone

His Majesty Sultan Haitham bin Tarik of Oman has issued a Royal Decree establishing an Artificial Intelligence Special Zone in the Governorate of Muscat Oman News Agency (ONA) reported. According to the...

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Mashreq Bank posts Q1 net profit before tax of $626m

Mashreq Bank one of the leading financial institutions in the MENA region has delivered a strong first-quarter performance with operating income growing to AED3.4 billion ( 925.8 million) and net profit...

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Ooredoo Q1 revenue up 6%; net profit 4.7% to $274m

Ooredoo a major telecom company has announced a strong start to 2026 delivering higher profitability and solid earnings momentum in the first quarter. The company s revenue increased by 6% YoY to QAR6.2...

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Bahrain central bank leaves overnight rate unchanged at 4.25pc

The Central Bank of Bahrain (CBB) has announced its decision to maintain the overnight deposit interest rate unchanged at 4.25%. This decision comes as part of the review conducted by the CBB to maintain...

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