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Global leaders to take centre stage at Gateway Gulf 2026 in Bahrain

Bahrain is set to welcome an exclusive gathering of ministerial and senior government officials visionary chief executives and influential voices for the fourth edition of Gateway Gulf taking place on...

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NTT DATA expands AI factory footprint globally

NTT DATA has announced the global expansion of NTT DATA AI Factories which provide hands-on environments where organisations can determine how priority AI use cases can be deployed secured governed and...

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LNG fund targeting $1.2bn launched in Abu Dhabi

The Pvt Dpt LNG Fund (CEIC) IC targeting 1.2 billion has been launched in Abu Dhabi by the Private Department of Sheikh Mohammed bin Khalid Al Nahyan together with its affiliate KSH Investments. Reem Partners...

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Kuwait on the path of digital transformation

Over 800 delegates and 45 industry leaders will convene in Kuwait to explore artificial intelligence cybersecurity smart infrastructure and a new generation digital government. The 5th Digital Transformation...

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Alpaca gets FSRA nod to expand brokerage in the UAE

Alpaca Clearing & Custody ME has received in-principle approval (IPA) from the Financial Services Regulatory Authority (FSRA) of ADGM to expand its brokerage infrastructure in the UAE. The IPA is a key...

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Cisco to build sovereign AI infra in Qatar with Mannai

Cisco a global technology leader driving innovation in AI-powered digital infrastructure is advancing plans to develop sovereign AI infrastructure in Qatar to support the country s digital transformation...

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Dubai Customs completes 1.36 million deposit refunds in H1/26

Dubai Customs processed 1.36 million applications for customs deposit refunds in the first half of 2026 up 3.6% from 1.31 million during the same period last year. The increase highlights the growing efficiency...

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Vertiv brings converged AI infrastructure approach to DCD>Connect | MENA

As AI capacity expands across the Gulf the infrastructure challenge is increasingly about more than supporting higher densities. It is about how quickly power cooling and IT infrastructure can be designed...

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ADIB reports strong growth, 9-month net profits up 6% to $1.52bn

ADIB a leading UAE-based bank maintained strong and sustainable growth momentum in the first nine months of 2026 with profit before tax increasing 6% year-on-year to AED6.4 billion ( 1.74 billion). Growth...

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Snowflake announces $300m investment in Saudi Arabia

Snowflake a AI Data Cloud company has announced a projected 300 million (SR1.125 billion) investment in Saudi Arabia through 2030 and will work alongside the Ministry of Communications and Information...

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UAB posts $90.7m nine-month net profit for 2026

United Arab Bank (UAB) has posted a net profit of AED333 million ( 90.7 million) for the first nine months (9M) of 2026 up 6% year-on-year. This demonstrates the resilience of its business model and prudent...

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Telr, CreditPool tie up to launch Telr Multi-Card Payments

Telr a regulated regional payments provider with acquiring and payment capabilities across key Middle Eastern markets has partnered with CreditPool to introduce Telr Multi-Card Payments. This pioneering...

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Zain Bahrain 9M attributable profit up 2.2% to $11.35m

Zain Bahrain a leading Bahraini provider of innovative technologies and digital lifestyle experience has seen its nine-month (9M) attributable profit rise 2.2% to BD4.27 million ( 11.35 million). Basic...

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Ithmaar Bank names new Financial Institutions and Treasury head

Ithmaar Bank a Bahrain-based Islamic retail bank has announced the appointment of Nada Kazerooni as Head of Financial Institutions and Treasury reporting to Ithmaar Bank Assistant General Manager Business...

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Emirates Islamic offers new business customers fee waiver

Emirates Islamic is offering eligible new-to-bank customers a waiver of relationship fees for a period of six months when they open an account under selected Business Banking packages. Running until December...

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Healthpoint, Proximie to bring AI technology to Abu Dhabi's operating rooms

Healthpoint part of the M42 Group has partnered with Proximie the global surgical intelligence platform for the operating room (OR) to bring anticipatory health into surgical care by working towards introducing...

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