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Oman's Bank Nizwa rolls out e-mandate service for direct debit

Oman s Bank Nizwa has announced the launch of its electronic mandate (e-mandate) for direct debit service. Designed to streamline recurring transactions the new service complies with the Central Bank of...

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First Abu Dhabi Bank issues region's inaugural blue bond

The First Abu Dhabi Bank (FAB) has successfully issued a HKD390 million ( 50 million) Blue Bond a growing category of sustainable finance instruments designed to advance and promote water-related environmental...

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Reem Finance in deal to boost investor participation in UAE capital markets

Reem Finance and Abu Dhabi Securities Exchange (ADX) one of the region s fastest-growing exchanges signed two agreements to allow more investors access to IPOs and trade securities on ADX. The aim is to...

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Maalexi secures $20m facility for B2B food and agri platform

Maalexi a next-generation B2B food and agri platform has secured a shariah-compliant credit facility of up to 20 million from Amwal Capital Partners (ACP) a leading independent firm specialising in alternative...

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CICC Capital, BlueFive Capital launch GCC private equity fund

CICC Capital the private equity investment platform of China International Capital Corporation Limited has teamed up with BlueFive Capital a global investment platform originating out of the GCC to collaborate...

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RCRC brings famous Opera 'Carmen' to Riyadh

The Royal Commission for Riyadh City (RCRC) is bringing the renowned Opera Carmen for the first time to Saudi Arabia which will be performed in Riyadh by the prestigious China National Opera House (CNOH)....

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Amanat sells education real estate for $123.35m

Amanat Holdings a leading healthcare and education listed investment company has completed the sale of its education real estate asset for AED453 million ( 123.35 million). Delivering an unlevered cash-on-cash...

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Dubai now a global wealth capital; city to welcome 10,000 millionaires

Dubai s transformation from a transient luxury stopover to a permanent global wealth capital is accelerating with the emirate set to welcome nearly 10 000 millionaires in 2025 according to Betterhomes...

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Oman's Bank Nizwa rolls out e-mandate service for direct debit

Oman s Bank Nizwa has announced the launch of its electronic mandate (e-mandate) for direct debit service. Designed to streamline recurring transactions the new service complies with the Central Bank of...

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HPE teams up with AMD to launch its 'Saudi Made' server

HPE a leader in essential enterprise technology has joined hands with US microchip maker AMD to celebrate the launch of its new Saudi Made server at the alfanar facility. The Saudi-Made compute portfolio...

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Abu Dhabi chosen principal shooting location for Dune saga again

Abu Dhabi will again return as a principal shooting location for the next chapter in Denis Villeneuve s cinematic adaptation of Frank Herbert s classic science fiction saga Dune. Legendary Entertainment...

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Lunate, Brevan Howard join hands for investment platform in Abu Dhabi

Lunate an Abu Dhabi-based global alternative investment manager with 110 billion in assets under management (AUM) and Brevan Howard one of the world s most successful hedge fund managers with AUM of 34...

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Sharjah plans to register Al-Hosn Fort in Dibba with UNESCO

UAE Supreme Council Member and Ruler of Sharjah Sheikh Dr Sultan bin Mohammed Al Qasimi has announced plans to register Al Hosn Fort in Dibba Al Hisn with UNESCO following its development. This initiative...

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Al Baraka Islamic Bank returns to Q2 profitability

Bahrain-based Al Baraka Islamic Bank has announced its financial results for the second quarter of 2025 recording a notable turnaround from losses to profitability. The bank posted a net profit after tax...

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Batelco by Beyon expands reward offering for customers

Batelco by Beyon the leading digital solutions provider in the Kingdom of Bahrain has announced the launch of Jawaher Deals the newest enhancement to its customer centric Jawaher loyalty programme. Building...

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Saudi Arabia, Syria sign agreement to boost economic partnership

Saudi Arabia and Syria have signed an investment promotion and protection agreement aimed at establishing practical frameworks to strengthen joint investments and develop strategic projects in industry...

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