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PwC Middle East appoints new Country Senior Partner for UAE

PwC Middle East has appointed Khaled Ahmed Bin Braik as Country Senior Partner for the United Arab Emirates effective April 1 2026 marking an important step in strengthening the firm s leadership as it...

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Saudi real GDP records 4.5% growth in 2025

Saudi Arabia s real gross domestic product (GDP) recorded an annual growth rate of 4.5% in 2025 compared to the previous year while growth reached 4.9% in the fourth quarter (Q4) of 2025 compared to the...

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GCC GDP topped $2.3 trillion in 2024; 9th globally

The GCC ranked ninth globally in Gross Domestic Product (GDP) at current prices in 2024 with a total output of approximately 2.3 trillion confirming its position as an influential economic power at the...

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Air India Express offers 5m seats in big sale

Air India Express India s first international value carrier today (February 1) announced the launch of its Xpress More Sale offering its customers discounts of up to 20% on both domestic and international...

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UAE’s non-oil foreign trade tops AED3.8 trillion for first time

The UAE s non-oil foreign trade reached approximately AED3.8 trillion ( 1.03 trillion) in 2025 recording growth of 27% compared to 2024 and 44.3% compared to 2023. It also achieved growth of 65% and 97.4%...

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Dubai launches new digital platform to offer family-friendly content

Dubai Media Incorporated (DMI) has announced the launch of its new digital platform Dubai thus bringing a significant addition to the region s digital broadcasting landscape via family-friendly content....

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Esports Nations Cup in Nov; $45m prize fund

The Esports World Cup Foundation (EWCF) has announced the competition dates and prize model for the Esports Nations Cup 2026 (ENC) the new global esports competition built around national teams national...

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Mohamed Hassan Alsuwaidi named Lunate Executive Chairman and Managing Partner

Lunate a partner-led and independent global investment firm with 115 billion in assets under management has appointed Mohamed Hassan Alsuwaidi Founding Managing Director & Group Chief Executive Officer...

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Mashreq posts 'exceptional' results; Net profit after tax hits $1.91bn

Mashreq one of the leading financial institutions in the MENA region has delivered exceptional results for the full year 2025 marked by transformational international expansion record loan and deposit...

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Singapore Gulf Bank brings Fiat and Stablecoins together

Singapore Gulf Bank (SGB) a fully licensed bank backed by Whampoa Group and Mumtalakat has announced a GCC and Asian industry first bank-operated network that brings USD and stablecoins together in one...

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Bahrain, Bermuda explore deeper economic co-operation

Bermuda a British island territory in the North Atlantic Ocean and Bahrain discussed ways to deepen collaboration in multiple potential sectors during the official visit of David Burt JP MP the Premier...

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Abu Dhabi, Italy in deal to boost manufacturing, entrepreneurship growth

Abu Dhabi Department of Economic Development (ADDED) said its key delegation has concluded a successful visit to Italy culminating in the signing of agreements to accelerate the growth of manufacturing...

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Leading open banking platform Tarabut acquires Bahrain AI group

Tarabut the first and largest regulated open banking platform in the Mena region has announced the acquisition of Servable a Bahrain-founded full-stack AI engineering company purpose-built for regulated...

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Abu Dhabi creates sovereign wealth giant with ADQ merger into L'IMAD

Abu Dhabi s Supreme Council for Financial and Economic Affairs (SCFEA) has issued a resolution to consolidate the assets and investments of L IMAD Holding Company and the Abu Dhabi Developmental Holding...

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ADCB net profit after tax jumps 22% to $3.12bn

Abu Dhabi Commercial Bank (ADCB) recorded a net profit after tax of AED11.445 billion ( 3.12 billion) in FY2025 marking 22 percent year-on-year growth while Q4 net profit reached AED3.342 billion. The...

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Merit acquires Australia's Synchro Marketing; targets automotive, Oil & Gas sectors

Merit a global engagement and incentives technology company headquartered in Riyadh has announced the acquisition of Synchro Marketing an Australian market leader in sales incentive programmes for the...

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