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Al Salam Bank delivers record profitability in Q3

Al Salam Bank has announced record profitability for the nine months ended September 30 marking another milestone in its transformation into one of the region s leading and fast-growing financial groups....

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Global experts discuss future of investment strategies at Bahrain event

Global financial leaders and senior executives gathered today (November 11) at the Sheraton Bahrain Hotel for an exclusive executive roundtable titled Global and American Investment Outlook: Strategic...

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$1 trillion China–GCC opportunity waiting to be unlocked: report

China s affluent outbound audiences across tourism investment and luxury sectors offer a 1 trillion opportunity for the Gulf Cooperation Council (GCC) to tap into the market says a new report. The aim...

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Crescent Enterprises to deploy $272m in India, Southeast Asia, GCC

CE-Invests the strategic investments platform of Crescent Enterprises has announced plans to deploy AED1 billion ( 272.2 million) over the next three years in high growth markets across India Southeast...

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BENEFIT, India’s NIPL sign deal to enable real-time payments

BENEFIT Bahrain s leading company in Fintech and electronic financial transactions service has signed a linkage agreement with NPCI International Payments Limited (NIPL) India to enable seamless integration...

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Dukhan Bank signs with BlackRock unit to provide Qatari market with Sharia-compliant products

Dukhan Bank has signed a memorandum of understanding (MoU) with Global Infrastructure Partners (GIP) a part of BlackRock to provide the Qatari market with Sharia-compliant strategic products and solutions....

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IHC 9-month revenue jumps 32.3% to $23bn; net profit

IHC Abu Dhabi-headquartered the global investment company focused on building dynamic value networks has reported a revenue of AED84.6 billion ( 23.04 billion) for the nine months ending September 30 up...

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Emirates NBD provides finance for Indigo's two new A321neo aircraft

Emirates NBD a leading banking group in the Middle East North Africa and Türkiye (MENAT) region has successfully executed its aircraft finance lease facility with IndiGo an Indian airline providing financing...

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Bank ABC posts 9-month net profit of $204m

Bank ABC (Arab Banking Corporation) continued its resilient performance in the first 9 months of the year and posted a net profit was 204 million a reduction of 5% Y-o-Y on a headline basis but flat on...

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Rising corporate debt not a major threat to Saudi banks: S&P

Corporate lending will remain at the core of the Saudi banking sector s growth currently accounting for 55% to 60% of banks loan books according to S&P Global Ratings. The total credit to the private corporate...

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FII9 unlocks $50bn investments and deals

The ninth edition of the Future Investment Initiative flagship conference (FII9) which concluded in Riyadh recently saw more than 50 billion in signed agreements and investment pledges. The deals spanned...

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SICO reports $13.5 m net profit for nine months of 2025

SICO licensed as a conventional wholesale bank by the Central Bank of Bahrain (CBB) said its consolidated net profit attributable to shareholders grew 6% year-on-year to record BD2.2 million ( 5.7 million)...

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Dubai's economy grows 4.4% to $65bn in H1 2025

Dubai s economy continued to maintain its strong upward momentum in the first half of 2025 surpassing projections and consolidating its position as a one of the world s most vibrant and competitive urban...

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GCC economies to grow 4.3% by 2027, says report

The pace of growth pf GCC economies will accelerate in the coming years to reach 4.3% by 2027 supported by expanding investments in tourism renewable energy manufacturing and technology sectors said a...

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Qatar conference explores investment, innovation

More than 700 entrepreneurs investors and policymakers explored opportunities in entrepreneurship innovation and digital transformation across the Gulf region during the second edition of the Qatar Investment...

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Dubai Holding, Palantir launch JV to lead AI transformation

Dubai Holding a diversified global investment company with investments in more than 30 countries and Palantir Technologies a global leader in operational artificial intelligence platforms have announced...

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