G42 the Abu Dhabi-based global technology group and the Government of India have formalised the framework and the commercial terms for the deployment of Condor Galaxy India an 8-exaflop AI supercomputing...

GFH Bank a leading dynamic bank in the GCC region has reported a 16.5% growth in its first-quarter net profit attributable to shareholders supported by growth across its core business lines despite regional...

National Bank of Bahrain (NBB) has reported a net profit attributable to shareholders of BHD20.6 million ( 54.6 million) for the first quarter ended March 31 2026 representing a 27% decrease from BHD28.1...

GFH Bank (GFH) has announced a net profit attributable to shareholders of 35.11 million for the first quarter of 2026 compared to 30.14 million in the same period last year an increase of 16.5%. The increase...

Phoenix Group an IHC portfolio company and global digital infrastructure operator has announced a strategic partnership with DC Max to develop its first European AI data center an 18MW facility in Lyon...

Ithmaar Bank a Bahrain-based Islamic retail bank has reported improved net profit attributable to equity holders for the first quarter of the year. Ithmaar Bank s net profit attributable to equity holders...

Dubai Taxi Company (DTC) a leading provider of comprehensive mobility solutions in Dubai on Wednesday announced that it has entered into a Sales and Purchase Agreement (SPA) to acquire 100% of the share...

Bank ABC has appointed Paul Jennings as Group Chief Executive Officer effective August 5 2026 following the approval of its Board of Directors and the Central Bank of Bahrain. Jennings has four decades...

Emirates NBD a leading banking group in the Middle East North Africa and Türkiye (MENAT) region has announced that it has received all requisite regulatory and governmental approvals for its landmark acquisition...

India and the UAE today (May 15) signed seven strategic agreements spanning across vital areas such as energy defence infrastructure shipping and advanced technology during Prime Minister Narendra Modi...

Reigning European champions Paris Saint-Germain (PSG) and BEYOND Developments presented an exclusive event in the presence of Marco Verratti one of the French club s most decorated midfielders to celebrate...

Global Infrastructure Partners (GIP) a part of BlackRock will partner with L IMAD the Abu Dhabi National Oil Company (ADNOC) and Temasek to launch an infrastructure investment partnership which will capitalise...

Bank ABC (Arab Banking Corporation) today delivered a resilient start to 2026 reporting a first quarter net profit attributable to the shareholders of the parent of 52 million. This represents a reduction...

SICO a leading regional asset manager broker and investment bank with a direct presence in Bahrain the UAE and Saudi Arabia has appointed Yousif Bucheeri as Group Deputy Chief Executive Officer for Sell...

His Highness Sheikh Mohammed bin Rashid Al Maktoum Vice President Prime Minister and Ruler of Dubai said that integrating AI into government work is a strategic priority for the next phase of the new UAE...

Sharjah Islamic Bank (SIB) today announced the successful completion of its AED2.59 billion ( 705.24 million) rights issue which saw an oversubscription of 3.2 times. Executed against an exceptionally...