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Saudi Industrial Investment Group completes strategic share buyback

The Saudi Industrial Investment Group Company has announced that it has successfully completed the purchase of 11 million shares of its stock holding for SAR 200 million ( 53.2 million). The stock holding...

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GCC-listed banks' profits hit new record high of $16.2bn in Q2

The net profits of GCC-listed banks soared to a new record high of 16.2 billion in Q2 an increase for the second consecutive quarter with a growth of 3.7% while y-o-y growth stood at a strong 9.2% according...

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Bahrain cements its position as regional fintech hub with FF25

Fintech Forward 2025 the region s flagship financial services event is returning to the Kingdom of Bahrain for its third edition next month with some of the leading global players in the sector regional...

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Emirates NBD finances two Emirates freighter planes

Emirates NBD has signed a 350 million aircraft financing deal with Emirates Airline supporting the delivery of two Boeing 777-200LRF (Long Range Freighter) aircraft for the airline. This transaction marks...

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Bahrain's non-oil imports jump 17% in July

The value of Bahrain s non-oil imports increased by 17% reaching to BD544 million ( 1443 million) in July 2025 in comparison with BD464 million for same month in 2024. The total value of non-oil exports...

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TII, VentureOne, e& introduce QuantumConnect secure connectivity solution

Abu Dhabi s Technology Innovation Institute (TII) and VentureOne ATRC s venture builder in collaboration with e& has launched QuantumConnect in the UAE. This next-generation hardware-based encryption solution...

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Oman's National Finance launches sustainable finance solutions

National Finance the Sultanate of Oman s leading finance company has unveiled its Sustainable Finance offering a key step in supporting individuals and corporates in their shift towards environmentally...

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StartUp Bahrain Weekend to be back in October

StartUp Bahrain powered by Tamkeen has announced the return of its flagship event StartUp Bahrain Weekend with the fifth edition scheduled to take place from October 9 11 2025 at the American University...

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Sadafco in key consultancy role at Tamkeen Forum

Saudia Dairy and Foodstuff Company (Sadafco) has announced its third consecutive participation at the Tamkeen Forum organized by the Society of Majid Bin Abdulaziz for Development and Social Services with...

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Rothschild in deal with LLB to boost its wealth management ops in Dubai

Rothschild & Co a leading wealth and asset management company has announced that it has signed a deal with Liechtensteinische Landesbank (LLB) a leading financial institution in the Europe nation of Liechtenstein...

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FDI inflows into Saudi Arabia tops $31.7bn in 2024

Foreign direct investment (FDI) inflows into Saudi Arabia increased by 24.2% to reach SAR119.2 billion ( 31.77 billion) in 2024 said a report. These achievements highlight the effectiveness of Vision 2030...

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Middle East M&A defies global slowdown with double-digit growth

The merger and acquisition (M&A) deal volumes across the Middle East in the first half of 2025 soared to 271 when compared to 228 during the same period last year defying a 9% global decline according...

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Al Baraka Islamic Bank signs strategic partnership with Dhaman

Bahrain-based Al Baraka Islamic Bank has announced the signing of a significant partnership agreement with the Arab Investment and Export Credit Guarantee Corporation (Dhaman). This strategic deal will...

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Mohammed Al-Ahbabi ambassador for Emporio Armani eyewear

Mohammed Al-Ahbabi known for expressing himself through painting photography and filmmaking has been named the new ambassador for Emporio Armani Autumn/Winter 2025-26 men s eyewear collection in the Middle...

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Bank ABC mobilises record $2.8 billion in sustainable finance

Bank ABC has set a new benchmark in sustainable finance mobilising 2.8 billion in 2024 with 86% channelled to emerging markets across Brazil North Africa the Middle East and Asia regions at the frontline...

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UAE gears up for packed September of global events, activities

The UAE is preparing for a busy September hosting and organising a wide range of major international events and activities that further consolidate its position as a global hub for business tourism and...

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