The Central Bank of Bahrain (CBB) has reported a significant increase in financial institution licensing with 16 new financial firms approved and 52 additional applications underway from early 2024 through...

Bahrain s Labour Fund (Tamkeen) has announced the release of the updated Financial Services Sector Skills Report as part of the Skills Bahrain initiative and developed in collaboration with private sector...

Equiom a leading provider of fiduciary services to private wealth and corporate sector has announced a major milestone for its trustee services that it provides on Middle East Workplace Savings plans with...

Specialized Medical Company (SMC) one of Saudi Arabia s leading healthcare providers made its trading debut on the Saudi Exchange following a successful initial public offering (IPO) that raised SAR1.88...

Qatar said it has shut down airspace temporarily as part of measures taken amid developments in the region a statement by the Qatari foreign ministry said on X. It said the move comes to ensure safety...

The Central Bank of the UAE (CBUAE) has announced that the gross banks assets including the bankers acceptances increased by 1.9% from AED4.63 billion ( 1.26 billion) at the end of February to AED4.72...

Expo 2030 Riyadh Company (ERC) a newly-launched Saudi PIF company that will be responsible for the development and operations of the upcoming gala event has appointed Talal H. AlMarri as its new Chief...

Mashreq a leading financial institution in the Mena region has structured the first sustainability-linked financing (SLF) for Galadari Brothers a UAE-based leading conglomerate marking a significant step...

With Saudi authorities continuing to invest in developing the domestic corporate bond and sukuk markets the development of the kingdom s financial markets is likely to accelerate stated S&P Global Ratings...

Saudi Arabia has announced that its Foreign Direct Investment (FDI) inflows have soared to hit SAR22.2 billion ( 5.9 billion) during the first quarter while overall unemployment rate (including Saudis...

Bahrain s Labour Fund (Tamkeen) has announced the launch of a new programme to support digital transformation for the local small and medium enterprises (SMEs) in partnership with Zoho a leading global...

Bank ABC s digital mobile-only ila Bank has launched a bespoke summer campaign enabling credit card customers to enjoy significant savings at renowned luxury retail store Harrods. Under this ila Credit...

Jadwa Investment a leading investment management and advisory firm in the Middle East has announced the acquisition of a majority stake in Makhazen Alenaya through its flagship blind-pool vehicle Jadwa...

Visa has announced the appointment of Tareq Muhmood as its new Regional President for Central and Eastern Europe Middle East and Africa (CEMEA). In this role he will be responsible for leading operations...

Forbes Middle East has published its annual list of the Top 100 Listed Companies in the Middle East highlighting the public corporations that are driving the region s capital markets and shaping economic...

stc Bahrain a digital enabler and Huawei a global technology leader have signed a strategic agreement to jointly innovate and develop cutting-edge 5G-Advanced (5G-A) and AI-powered digital services enhancing...