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Digital economy set to hit $28trn next year: report

The global digital economy is expected to grow by 9.5% next year three times faster than the global economy according to the Digital Economy Trends (DET) 2026 report. The report was launched by the Digital...

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Bank ABC named 'Transaction Bank of the Year' at UK event

Bank ABC a leading player in the region s banking industry said it has once again been named Transaction Bank of the Year Middle East in 2025 by The Banker (Financial Times) marking the third time the...

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Bank Nizwa names Deputy Chief Executive Officer

Bank Nizwa a leading Islamic bank in the Sultanate of Oman has announced the appointment of Tariq bin Atiq as its new Deputy Chief Executive Officer and Chief Operations Officer i n line with its ongoing...

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Bahrain Association of Banks unveils 12 committees to boost development

The Bahrain Association of Banks (BAB) has announced the approval of 12 new specialised committees covering a broad range of core functional domains within banking and financial work. This initiative represents...

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American Express Shop Small campaign back in Bahrain, Qatar

American Express Middle East has announced the return of its Shop Small campaigns in Bahrain and Qatar in time for the end-of-year holiday season. The Shop Small initiative highlights American Express...

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BlackRock in deal to advance tokenised financial markets in Abu Dhabi

BlackRock has announced that it has signed MoUs at the ongoing Abu Dhabi Finance Week with IHC Group entities - Finstreet Limited and ADI Foundation - to explore initiatives on the development of tokenised...

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Nasdaq Dubai welcomes $50bn note programme of BRICS' NDB

Nasdaq Dubai has welcomed New Development Bank s (NDB) 50 billion Euro Medium Term Note (EMTN) Programme to its exchange. This marks a significant milestone in strengthening NDB s access to global capital...

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Batelco by Beyon unveils new 'Ultra Home' internet package

Bahrain s leading telecom services company Batelco by Beyon has announced the launch of Ultra Home a new line up of home internet plans that brings together Mobile Broadband and Fiber Broadband under one...

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DIFC now among top five global hubs for hedge fund managers

Dubai International Financial Centre (DIFC) a leading global financial centre in the Middle East Africa and South Asia (MEASA) region has registered its 100th hedge fund reflecting its dominance in the...

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NBB wins top honours at Euromoney Banking Awards

The National Bank of Bahrain (NBB) has been named the kingdom s Best Cash Management Bank for 2025 at the Euromoney Transaction Banking Awards in recognition of its leadership in delivering integrated...

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IHC boosts stake in commodity trading company Invictus

IHC a global investment company focused on building dynamic value networks has announced that it has increased its shareholding in Invictus Investment Company a full service commodity trading company to...

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Goldman Sachs opens regional HQ at King Abdullah Financial District

Goldman Sachs has announced the official opening of its new office and regional headquarters in Riyadh Kingdom of Saudi Arabia. Located in the King Abdullah Financial District (KAFD) the new office reflects...

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Abu Dhabi launches FIDA cluster to shape GenNext financial solutions

Abu Dhabi has launched the FinTech Insurance Digital and Alternative Assets (FIDA) cluster to accelerate the development of next-generation financial and investment solutions and expand the emirate s role...

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ADCB completes $1.66bn rights issue

Abu Dhabi Commercial Bank (ADCB) on Wednesday announced the successful completion of its AED6.1 billion ( 1.66 billion) rights issue following the close of the subscription period on December 4 2025. The...

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Saudi Events Investment Fund forms JV with Legends Global

The Events Investment Fund (EIF) launched by HRH Prince Mohammed bin Salman bin Abdulaziz Al Saud Crown Prince and Prime Minister of Saudi Arabia under the National Development Fund (NDF) has announced...

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Mubadala Capital, KAIO eye digital access to private market investments

Abu Dhabi-based Mubadala Capital a global alternative asset management platform has announced plans for collaboration with KAIO a leading provider of institutional onchain infrastructure for regulated...

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