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Dubai Investments, JOOD sign MoU to advance community initiatives

Dubai Investments has signed a memorandum of understanding (MoU) with Dubai Community Contributions Establishment - JOOD an official Dubai based contribution entity established to enable and organise community...

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Bahrain ministerial committee to assess economic impact of Iran aggression

A ministerial committee will assess the economic impact of the hostile Iranian aggression on Bahrain implementing appropriate measures to support national employment and economic growth. His Royal Highness...

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ADIB mobilises $5.53 in sustainable finance in 2025

Abu Dhabi Islamic Bank (ADIB) a leading Islamic financial institution has mobilised and facilitated AED20.3 billion ( 5.53 billion) in sustainable finance by the end of 2025 marking a strong year of execution...

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UAE becomes top 10 global exporter with $1.637 trillion trade, says report

In a historic first the UAE has become one of the world s top 10 exporting countries reported state news Agency Wam citing the latest figures from the World Trade Organisation s World Trade Prospects and...

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Bain & Company names Middle East managing partner

Bain & Company a global consultancy has announced the appointment of Eric Beranger-Fenouillet as the managing partner for its Middle East business. Based in the UAE and taking on the role at a time of...

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GBM Bahrain appoints new General Manager

Gulf Business Machines (GBM) an end-to-end digital solutions provider has appointed Ashesh Mukhopadhyay as the General Manager for its Bahrain operations. This promotion reinforces GBM s commitment to...

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Saudi bank' credit growth subdued in February

Saudi Arabia s banking sector saw a slowing of credit growth in February to 0.5% month-on-month ( 9.6% y-o-y) vs 0.7% m-o-m in January 2026 and average 0.9% m-o-m in 2025. Nevertheless corporate loan growth...

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BBK-NBB merger ‘on track for completion this year’

The proposed merger between Bank of Bahrain and Kuwait (BBK) and the National Bank of Bahrain (NBB) remains on track for potential completion this year despite ongoing regional economic challenges a Gulf...

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UAE launches world’s first commercial U6GHz network

The launch of the world s first commercial upper 6GHz (U6GHz) network and ecosystem was announced at the SAMENA Council Leaders Summit 2026 marking the UAE s leadership on the U6GHz front led by the Telecommunications...

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Cisco appoints new Vice President for Saudi Arabia

Cisco a global leader in networking and security has appointed Bader Almadi as Vice President Cisco Saudi Arabia. Based in Riyadh Almadi will lead Cisco s strategy and commercial operations to help customers...

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Oman's Islamic bank Nizwa names Acting CEO

Bank Nizwa a key Islamic bank in Oman has announced the appointment of Tariq Atiq as its Acting CEO. This leadership transition reflects the bank s forward-looking strategy and underscores its confidence...

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Ebdaa Bahrain Microfinance names acting CEO

Ebdaa Bahrain Microfinance a part of the network of Arab Gulf Program for Development (AGFUND) has appointed Prof Badr El Din Ibrahim as the Acting CEO marking a new phase in the company s ongoing efforts...

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UAE well-equipped to withstand current crisis, says Al Habtoor

The UAE is well equipped to withstand the current regional crisis and has overcome far more severe shocks in the past prominent Emirati businessman Khalaf Ahmad Al Habtoor said on Thursday reacting to...

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Bahrain's GFH Financial Group rebranded GFH Bank

In a strategic move GFH Financial Group (GFH) has announced the approval of its change of commercial name to GFH Bank in a strategic move that reflects a fundamental transformation in its business model...

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Digital infrastructure must stay resilient at all times, says UAE Minister

The digital infrastructure of a nation must remain resilient and capable of serving the needs of the state and its people under all circumstances it was highlighted at the SAMENA Telecommunications Council...

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MPs seek urgent steps to support Bahrain economy

Four urgent proposals aimed at easing economic pressure protecting consumers and supporting food security due to the Iranian attacks were unanimously approved by Bahrain MPs yesterday and referred to the...

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