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Saudi, GCC announce Friday as first day of Eid

Saudi Arabia announced that Eid Al Fitr will begin on Friday (March 20) after the crescent moon marking the end of Ramadan was not sighted. On Tuesday the Supreme Court made an official call urging Muslims...

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BHM Capital commences market making operations on Bahrain Bourse

BHM Capital a leading financial institution in the capital markets of the United Arab Emirates has launched its market making operations on Bahrain Bourse (BHB) following the successful completion of all...

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SICO Capital appoints new Head of Investment Banking

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 Ziad Malak as Head of Investment...

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StanChart says Bahrain operations fully functional

Standard Chartered Bahrain has confirmed that its operations across the Kingdom remain fully functional and continue to run at full capacity. The bank reaffirmed its ability to deliver seamless banking...

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Bahrain’s banks demonstrate strong resilience, continuity of services

Financial institutions in the Kingdom of Bahrain continue to demonstrate a high level of readiness and adaptability amid recent regional developments. The financial sector remains fully operational maintaining...

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Expo 2030 Riyadh appoints OMD MENA as lead media agency

Expo 2030 Riyadh the official World Expo to be hosted in Riyadh has appointed Omnicom Media agency OMD MENA as its Lead Media Agency. A landmark global event designed to be one of the world s most ambitious...

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Tecom shareholders approve $229m cash dividends for FY 2025

Tecom Group has announced that its shareholders have approved the financial statements for the year ended December 31 2025 and endorsed the Board of Directors recommendation to distribute a cash dividend...

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DSIG unveils Responsible Investor Initiative (RII)

The Dubai Stockbrokers & Investment Services Group (DSIG) has unveiled the Responsible Investor Initiative (RII) which binds leading stockbrokers and financial executives to the RII Charter a rigorous...

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Bahrain's banking sector remains resilient, stable: BAB

The Bahrain Association of Banks (BAB) said the kingdom s financial sector continues to demonstrate resilience and stability supported by strong fundamentals and a robust regulatory framework. The banks...

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Ithmaar Bank expands its branch network in Bahrain

Ithmaar Bank a Bahrain-based Islamic retail bank has announced plans to expand its branch network in Bahrain. It also said the bank continues to provide all banking services to its corporate clients with...

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UAE fintech sector set to reach $5.7bn by 2029, says report

The UAE continues to strengthen its position as one of the world s leading centres in the financial technology (FinTech) sector benefiting from an integrated ecosystem that combines advanced digital infrastructure...

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Kuwait bans social gatherings, weddings during Eid

Kuwait has banned holding social gatherings weddings and plays during Eid al-Fitr period citing security concerns. Kuwait s Ministry of Interior said in a X post that the decision was taken for public...

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StanChart says maintaining normal service under work-from-home arrangements

Standard Chartered said it is maintaining normal service under work-from-home arrangements in the Middle East. The bank said: Our focus is the safety and wellbeing of our colleagues. With this in mind...

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Bahrain’s banking sector operating at highest levels of readiness

The Central Bank of Bahrain (CBB) affirmed that the kingdom s banking and financial sector continues to operate at the highest levels of readiness amid the current regional developments and the repercussions...

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FAB shareholders approve record $2.41bn cash dividend

First Abu Dhabi Bank (FAB) shareholders approved the distribution of AED8.84 billion ( 2.41 billion in cash dividends for the financial year ended 31 December 2025 at the bank s Annual General Meeting...

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Qatar's Estithmar Holding 2025 net profit jumps 122% to $257m

Estithmar Holding a leading Qatari public listed company with a diverse portfolio of over hundred companies has reported a 54% increase in revenue to QAR6.4 billion ( 1.75 billion) in 2025 compared with...

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