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ADIB Capital launches healthcare fund

ADIB Capital Limited located in the DIFC a wholly owned subsidiary of Abu Dhabi Islamic Bank and regulated by the DFSA has launched the ADIB Global Healthcare Fund (OEIC) a Shari a-compliant public fund...

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Core42 appoints new Chief Business Officer

Core42 a G42 company specialising in sovereign cloud and AI infrastructure has appointed Sherif Tawfik as Chief Business Officer (CBO). In his new role Sherif will lead Core42 s global commercial organisation...

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IHC to acquire 41.5% stake in India's Sammaan Capital for $1bn

IHC a global investment company focused on building dynamic value networks today announced that it has received all requisite regulatory approvals to acquire approximately 41.5% stake in Sammaan Capital...

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Muzinich & Co. opens ADGM office to strengthen Middle East presence

Muzinich & Co. the privately owned global corporate credit specialist has opened an office in ADGM the international financial centre of Abu Dhabi marking the next step in its investment journey in the...

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Cisco names new VP, General Manager for MEA region

Cisco the worldwide leader in networking and security has announced that Shane Heraty has been appointed as the Vice President and General Manager for Cisco Middle East Africa Türkiye Romania and CIS (MEA...

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Binance Bahrain joins hands with Beyon Connect for eKey 2.0 integration

Binance Bahrain a part of leading global blockchain ecosystem Binance has announced a strategic partnership with Beyon Connect enabling the integration of the kingdom s eKey 2.0 National Identity solution...

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Emirati superstar Al Jassmi kicks off Eid celebrations with sold-out concert

Emirati superstar Hussain Al Jassmi opened the Layali Al Eid celebrations in Abu Dhabi with a sold-out performance at Space42 Arena on Al Raha Beach drawing strong audience attendance and marking the start...

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Saudi, GCC announce Friday as first day of Eid

Saudi Arabia announced that Eid Al Fitr will begin on Friday (March 20) after the crescent moon marking the end of Ramadan was not sighted. On Tuesday the Supreme Court made an official call urging Muslims...

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Iran warns of attacks on US tech firms

Iran has launched a new threat against US companies based across the Middle East warning it will attack them in retaliation for new strikes by the US in Iran aimed against its leadership. The Islamic Revolutionary...

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Standard Chartered Foundation, Village Capital launch ‘Women in Tech’ Accelerator in UAE

Standard Chartered Foundation in partnership with Village Capital has launched the eighth edition of the Women in Tech Accelerator in the UAE continuing its support for women-led tech-enabled startups...

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Dubai announces $277m incentives for businesses, individuals

Dubai has announced a set of economic incentives totalling AED1 billion ( 272.2 million) to be implemented over a period of three to six months starting from April 1 2026. HH Sheikh Hamdan bin Mohammed...

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Al Baraka Islamic Bank approves 2025 results, reappoints board for new term

Al Baraka Islamic Bank announced the results of its 43rd Annual General Meeting for the financial year ended 31 December 2025 which was held virtually through the Bahrain Clear eAGM platform in light of...

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Dubai Investments names new Chief Financial Officer

Dubai Investments a UAE-based multi-asset investment Group managing a diverse portfolio of businesses has announced the promotion of Nishant Shah to the post of Chief Financial Officer (CFO). He had been...

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Grant Thornton announces new UAE partner appointments

Grant Thornton a leading professional services firm providing audit & assurance tax and advisory services across multiple industries has announced the appointments of 10 new partner as part of its continued...

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Bahrain approves package for businesses, citizens amid Mideast tensions

Bahrain s Parliament has unanimously approved a package of fast-track measures aimed at shielding businesses and citizens from the fallout of regional tensions and recent attacks before referring them...

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Bahrain's banking sector remains resilient, stable: BAB

The Bahrain Association of Banks (BAB) said the kingdom s financial sector continues to demonstrate resilience and stability supported by strong fundamentals and a robust regulatory framework. The banks...

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