The Union of Arab Banks (UAB) has announced the selection of Yaser Alsharifi Chairman of the Bahrain Association of Banks as the representative of the Bahraini banking sector at the union. Alsharifi received...

Emaar has invited local talents and UAE residents to design a projection for the world- renowned Burj Khalifa. The winning design will be brought to life on the iconic façade of Burj Khalifa with the designer...

SICO a leading regional asset manager broker and investment bank announced today the appointment of Wissam Haddad as Chief Executive Officer (CEO) of its wholly owned subsidiary SICO Capital in Riyadh...

The Central Bank of Bahrain (CBB) has reaffirmed its commitment to ensuring the compliance of licensed financial institutions with regulatory requirements and taking necessary measures in response to any...

The UAE s IHC ADQ and First Abu Dhabi Bank (FAB) have announced plans to launch a new stablecoin backed by Dirhams which will be fully regulated by the Central Bank of the United Arab Emirates (CBUAE)...

Arab Bank Group has reported solid results for the first quarter of 2025 with 7 % increase in net income after tax reaching 271 million compared to 252.8 million for the same period last year. The group...

Dubai Future Foundation and Google Cloud have announced a strategic upskilling initiative that aims to deepen the applied expertise of artificial intelligence leaders and fast-track the emirate s AI ambitions...

Dubai-based startup The Game Company (TGC) has launched its AI-powered cloud gaming platform at Dubai AI Week held under the patronage of His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum and...

Bank ABC (Arab Banking Corporation) said the group has made a resilient start to the year against a backdrop of challenging economic conditions reporting a net profit attributable to the shareholders of...

Bahrain Mumtalakat Holding Company (Mumtalakat) the sovereign wealth fund of Bahrain has announced its highest consolidated net profit since its inception in 2006 reporting a consolidated net profit of...

Saudi Arabia s real GDP grew 2.7% y-o-y in Q1 2025 driven by a 4.2% rise in non-oil GDP while oil GDP declined by 1.4% according to flash estimates by GASAT. The non-oil PMI reached 58.1 and remained above...

First Abu Dhabi Bank (FAB) delivered record results for the first quarter of 2025 with group net profit of AED5.13 billion ( 1.4 billion) up 23% year on year and group profit before tax reaching AED6.13...

Oman s GDP is expected to grow by 3.4% this year outperforming many global economies a testament to the resilience of the national economy and international market confidence said Qais bin Mohammed Al...

Saudi Arabia s non-oil exports reached an unprecedented SAR515 billion ( 140 billion) in 2024 marking the highest value in the kingdom s history. This achievement represents a significant 13% increase...

Dubai Future Foundation (DFF) through the Dubai Centre for Artificial Intelligence (DCAI) has partnered with the South African Artificial Intelligence Association (SAAIA) to help launch a dedicated AI...

Middle East tech startups have been urged to raise their game as competition heats up across the region particularly in the UAE and Saudi Arabia where an influx of international founders is redefining...