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KPMG, INSEAD launch global AI Board Governance Principles

KPMG International has launched a set of AI Governance Principles for Boards developed in collaboration with the INSEAD Corporate Governance Centre to foster responsible governance of AI at board level...

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Gulf Capital announces exit from Eclat Health Solutions

Gulf Capital one of the largest private equity firms investing from the GCC to Asia together with Karthik and Sneha Polsani founders of Eclat Health Solutions and the Eclat management team today (June...

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Hub71 startups raise $2.7bn as Abu Dhabi bolsters tech hub status

Abu Dhabi s ambition to become a global technology powerhouse gained further momentum as startups within the Hub71 ecosystem surpassed 2.7 billion (AED9.9 billion) in cumulative funding and generated more...

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StanChart to offer investment management, fund operations in KSA

Standard Chartered has received approval from the Capital Market Authority (CMA) for Standard Chartered Capital Saudi Arabia to undertake investment management and operating funds activities in the Kingdom....

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Al Baraka Islamic launches cross-border banking service in Egypt

Stemming from its approach of developing innovative banking solutions and enhancing the customer experience Al Baraka Islamic Bank one of Al Baraka Group subsidiaries hs announced the launch of a cross-border...

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Bahrain's iGA migrates Islamiyat app services to MyGov

As part of the government mobile applications merger plan Bahrain s the Information & eGovernment Authority (iGA) has announced the complete migration of all services available on Islamiyat app to the...

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ADX listed firms prove resilience, post $13bn profit in Q1

Abu Dhabi Securities Exchange (ADX)-listed companies reported AED48 billion ( 13.1 billion) in profits in Q1 2026 up 17% year-on-year while AED66.2 billion in dividends have been announced to date this...

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Dubai launches 'SME in a Box' platform to help set up businesses faster

The Dubai Department of Economy and Tourism (DET) has launched SME in a Box a new platform designed to make it faster simpler and more cost-efficient for entrepreneurs to start and operate businesses in...

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GCC sovereigns remain resilient as Fitch cuts global outlook

Most Gulf Cooperation Council (GCC) sovereigns remain supported by strong balance sheets and alternative export channels despite the economic and geopolitical fallout from the US-Iran war which has prompted...

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Invest Qatar showcases investment opportunities in Istanbul

Invest Qatar the country s investment promotion agency has concluded a high-level roadshow in Istanbul Türkiye showcasing Qatar s diverse investment opportunities and strengthening engagement with Turkish...

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stc Bahrain opens applications for 2026 inspireU programme

stc Bahrain a digital enabler has launched the 13th intake of the inspireU programme continuing its efforts to empower Bahraini entrepreneurs and support the growth of innovative start-ups contributing...

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ALEC Holdings sponsors ‘Adopt a Class’ at Al Noor Training Centre

ALEC Holdings a leading diversified engineering and construction group operating in the UAE and KSA has signed a memorandum of understanding (MoU) with Al Noor Training Centre for People of Determination...

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Bahrain's iGA migrates Islamiyat app services to MyGov

As part of the government mobile applications merger plan Bahrain s the Information & eGovernment Authority (iGA) has announced the complete migration of all services available on Islamiyat app to the...

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Largest AI campus outside of US to open in Abu Dhabi this year

The first phase of the UAE-US AI Campus in Abu Dhabi is expected to become operational before the end of this year marking a significant milestone in the UAE s drive to establish itself as a global hub...

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DEF brings together gaming, technology and entertainment

Dubai Esports & Games Festival (DEF) 2026 running till June 7 has brought together gaming esports technology creativity and entertainment through an expanded programme of experiences designed to engage...

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First Abu Dhabi Bank inks strategic deal with Water.org, WaterEquity

First Abu Dhabi Bank (FAB) today (June 4) announced ahead of World Environment Day a strategic partnership with Water.org and its affiliated impact investment manager WaterEquity. Water.org is a global...

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