The Central Bank of Bahrain (CBB) has issued directives to retail banks and financing companies regarding the deferral of loan instalments and credit card payments as part of the loan deferral and liquidity...

Emirates Development Bank (EDB) the UAE s key financial engine for economic diversification has announced it is actively deploying an average of AED20 million in financing every single day to ensure that...

The Royal Commission for Riyadh City (RCRC) has launched an investment tender for naming rights to five main stations in the Riyadh Metro project. The stations include Al-Murooj Al-Nuzha King Fahd District...

Al Baraka Islamic Bank one of the leading Islamic banks in Bahrain has announced the election of its new Board of Directors and the appointment of Akram Yassin as Chairman of the board succeeding Sabah...

The Bahrain Association of Banks has announced the signing of a MoU with the Kuwait Banking Association at its headquarters in Kuwait City. The agreement provides a general framework to facilitate dialogue...

The Gulf region s economy expanded in the third quarter of 2025 reflecting its sustained ability to balance the role of the oil sector while enhancing the contribution of non-oil activities to gross domestic...

Careem Pay the digital payments platform within the Careem app expands its remittance service to include Türkiye and Saudi Arabia enabling residents of the United Arab Emirates to transfer money directly...

The UAE has the ability to defy uncertainty by strengthening its bond with the international community make them part of its development and it will ride out the current situation faster than expected...

GCC economies are set for a sharp rebound with growth forecast to reach 8.5% in 2027 according to ICAEW s latest Economic Insight Q1 2026 report produced in partnership with Oxford Economics. In the near...

Lenovo opened its regional headquarters for the Middle East Türkiye and Africa in Riyadh on Sunday marking a significant step in the Kingdom s efforts to strengthen its position as a regional hub for global...

Saudi Arabia s Ministry of Finance has announced the commencement of the Financial Control Law issued by the Council of Ministers under Resolution No. (M/122) on December 1 2025. This forms part of efforts...

The Central Bank of Bahrain (CBB) has announced the launch of a loan deferral and liquidity support programme including a set of measures to support Bahrain s economy and the financial sector. This follows...

The small and medium sized enterprises (SMEs) across the Gulf region showed strong resilience through the first quarter sustaining high levels of company formation and restructuring even as March brought...

The UAE has won the hosting rights for the 2029 meetings of the World Bank Group and the International Monetary Fund in the capital Abu Dhabi said HH Sheikh Mohammed bin Rashid Al Maktoum Vice President...

Listed companies in the Abu Dhabi Securities Exchange (ADX) one of the 20 largest stock exchanges by market capitalisation extended their sustained growth as total net profit increased 17% year on year...

Dubai International Financial Centre (DIFC) the leading global financial centre in the Middle East Africa and South Asia (MEASA) region is introducing a targeted package of temporary economic support measures...