COMMERCIAL NEWS

Get Noticed.

Send us your company’s news today and they could be featured on ABC’s Community News tomorrow.

MORE COMMERCIAL NEWS

img

NBB appoints Bassam Al Tattan as Head of Private Banking

National Bank of Bahrain (NBB) has appointed Bassam Al Tattan as Head of Private Banking. Bassam brings with him over 17 years of experience in the financial services sector across the GCC. Prior to joining...

Read More
img

Saudi Arabia approves crowdfunding via capital market institutions

Saudi Arabia s Capital Market Authority (CMA) board has approved the regulatory framework enabling capital market institutions licensed for arranging activities to offer debt instruments in the sukuk and...

Read More
img

Bahraini Talal first diplomat from GCC to become YDL President

Counsellor Al Absi was elected the President during elections held by the Young Diplomats in London (YDL) to form its new executive team reported BNA. The YDL was established in 2008 to enhance ties between...

Read More
img

Riyadh to host Gipsy Kings, Anoushka Shankar concerts

The Royal Commission for Riyadh City (RCRC) is organising two international musical evenings this September including Gipsy Kings featuring Tonino Baliardo and world-renowned musician Anoushka Shankar....

Read More
img

UAE Real GDP increases 3.9% in Q1 to $124bn

The UAE s real Gross Domestic Product (GDP) grew by 3.9 per cent to total AED455 billion ( 123.89 billion) in the first quarter (Q1) of 2025 compared to the same period in 2024. Non-oil GDP recorded a...

Read More
img

Al Murjan, BlueFive to co-develop global platform for Islamic finance

Al Murjan Group one of Saudi Arabia s most established and respected family business groups and BlueFive Capital a global investment platform have announce a cross-shareholding strategic linkup to co-develop...

Read More
img

Saudi Industrial Investment Group completes strategic share buyback

The Saudi Industrial Investment Group Company has announced that it has successfully completed the purchase of 11 million shares of its stock holding for SAR 200 million ( 53.2 million). The stock holding...

Read More
img

GCC-listed banks' profits hit new record high of $16.2bn in Q2

The net profits of GCC-listed banks soared to a new record high of 16.2 billion in Q2 an increase for the second consecutive quarter with a growth of 3.7% while y-o-y growth stood at a strong 9.2% according...

Read More
img

AI Academy launches Executive Program for Chief AI Officer

The AI Academy a regional hub for executive education and leadership in artificial intelligence has opened early applications for its Executive Program for Chief AI Officer (CAIO). The AI Academy was first...

Read More
img

Dubai Design Week to spotlight global regional creative talent

Dubai Design Week the region s leading design festival will return for its 11th edition from November 4 to 9 under the patronage of Sheikha Latifa bint Mohammed bin Rashid Al Maktoum Chairperson of Dubai...

Read More
img

QIC launches Qatar's first school fees protection insurance

Qatar Insurance Company (QIC) a leading insurer in Qatar and the MENA region has launched Qatar s first School Fees Protection Insurance a pioneering solution designed to safeguard families and ensure...

Read More
img

PIF, Macquarie Asset Management partner to advance Saudi investment opportunities

The Public Investment Fund (PIF) and Macquarie Asset Management (MAM) have signed a memorandum of understanding to advance investments and collaboration in key sectors and industries support foreign institutional...

Read More
img

ADCB to raise $1.66bn through rights issue

The Board of Directors of Abu Dhabi Commercial Bank (ADCB) has approved a strategic rights issue to raise up to AED6.1 billion ( 1.66 billion). This initiative marks a decisive step to accelerate the pace...

Read More
img

Saudi GDP grows rapidly in Q2, driven by non-oil

Saudi Arabia s real GDP grew 3.9% y-o-y in Q2 2025 driven by a 4.7% increase in non-oil GDP according to flash estimates by GASTAT. Oil GDP also rose 3.8% y-o-y a report said. Saudi Arabia posted a SAR34.5...

Read More
img

Sadafco in key consultancy role at Tamkeen Forum

Saudia Dairy and Foodstuff Company (Sadafco) has announced its third consecutive participation at the Tamkeen Forum organized by the Society of Majid Bin Abdulaziz for Development and Social Services with...

Read More
img

Rothschild in deal with LLB to boost its wealth management ops in Dubai

Rothschild & Co a leading wealth and asset management company has announced that it has signed a deal with Liechtensteinische Landesbank (LLB) a leading financial institution in the Europe nation of Liechtenstein...

Read More