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Saudi Arabia rolls out insurance cover for crowded venues, high-risk activities

Saudi Arabia s Insurance Authority and General Directorate of Civil Defense today (August 16) launched a third-party cooperative insurance policy for crowded venues and high-risk activities. The policy...

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GFH reports $76.2m H1 profit, up 13.33%

GFH Bank has reported a net profit attributable to shareholders of 76.20 million for the first six months of the year compared with 67.24 million in the same period of 2025 an increase of 13.33%. Earnings...

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DIB launches first Youth Council to develop next generation of talent

DIB a leading Islamic financial group and the largest Islamic bank in the UAE has launched its first Youth Council creating a structured platform for young employees to bring forward fresh perspectives...

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SAB Invest opens new shariah-compliant public fund

SAB Invest has announced the launch of the SAB Invest Global Select Equity Fund a new open-ended Shariah-compliant public fund designed to provide investors with access to a concentrated portfolio of exceptional...

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CrediMax CEO Ahmed Seyadi steps down after six-year tenure

CrediMax a leading credit card issuer and acquirer in the Kingdom of Bahrain has announced that its Chief Executive Officer Ahmed A. Seyadi is stepping down from his post on August 13 after a six-year-long...

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Bank ABC Islamic reports first half net profit of $16.1m

Bank ABC Islamic reported a total operating income after profit on murabaha and other payables and before attribution to quasi-equity of 92.5 million for the first half of 2026 up 3.2% from the same period...

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Bahrain gears up to host Fintech Forward 2026 this October

Fintech Forward the region s flagship financial services forum will convene global thought leaders leading financial innovators and policymakers to examine the most pressing ecosystem challenges that lie...

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SICO's Q2 profit jumps 48pc on higher investment income

Bahrain-based investment bank SICO has reported a 48% rise in second-quarter net profit attributable to shareholders which soared to BD2.2 million ( 6 million) from BD1.5 million a year earlier helped...

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National Bank of Bahrain names new equal opportunities committee

The National Bank of Bahrain (NBB) a leading financial institution in the kingdom has appointed a new Equal Opportunities Committee to boost its governance framework and promote inclusion across its operations...

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ADX becomes first MENA exchange to share 'live' data to major AI platforms

The Abu Dhabi Securities Exchange (ADX) one of the fastest growing exchanges in the world has become the first exchange in the MENA region to offer all investors institutions developers and market participants...

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AIREV enters deal with Qualcomm to advance autonomous AI

AIREV the Abu Dhabi-based creator of the OnDemand autonomous AI platform has entered into a strategic agreement with Qualcomm Technologies to advance autonomous AI across enterprise and government environments....

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Bahrain fintech Skyro targets Saudi Arabia in Middle East expansion

Bahrain-based digital consumer finance platform Skyro said it plans to expand into Saudi Arabia and has appointed former Mastercard executive Maria Medvedeva as managing director for the Middle East. In...

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Bitget launches $300m Fund to support Mena asset managers

Bitget the world s largest Universal Exchange (UEX) has launched Project Archimedes a 300 million institutional capital programme aimed at supporting quantitative trading firms asset managers and market...

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PUBG Mobile partners with Do Big Studios to bring Brainrot Royale to WOW

PUBG Mobile one of the world s most popular mobile games today announced a new collaboration between its World of Wonder (WOW) platform and UGC games studio Do Big Studios introducing an all-new experience...

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Global Fintech leaders to gather in Riyadh for Money20/20 Middle East

Money20/20 Middle East the region s home for the global money ecosystem will return to Riyadh from September 14 16 bringing together regulators financial institutions fintech innovators investors and technology...

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Expanding AI top priority for UAE businesses: Study

Implementing or expanding AI is the top priority for UAE commerce leaders this year ahead of growing the customer base and adapting to changing buyer behaviours says a new research from Salesforce a leading...

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