DP World and the Government of the Dominican Republic will invest an additional 100 million to expand logistics and warehousing infrastructure at the DP World Free Trade Zone (FTZ) in Caucedo. Unveiled...

The US-Iran war and effective closure of the Strait of Hormuz have disrupted economic activity but the negative rating actions for Middle East issuers for the March-April period were limited to outlook...

Bahrain Mumtalakat Holding Company (Mumtalakat) the sovereign wealth fund of the Kingdom of Bahrain has announced another record year reflecting the strong performance of its portfolio companies and the...

The credit rating agency Moody s has reaffirmed Saudi Arabia s credit rating at Aa3 with a stable outlook. The agency mentioned that the affirmation at Aa3 reflects Saudi Arabia s large and wealthy economy...

IHC a global investment company focused on building dynamic value networks on Thursday announced the execution of an AED110 million (approximately 30 million) transaction using DDSC on ADI Chain the institutional...

HUMAIN a PIF company delivering full-stack artificial intelligence capabilities globally and Accenture have announced a collaboration whereby Accenture will be a strategic reinvention & AI partner in Saudi...

Global investor services group IQ-EQ today announced that its subsidiary Gordian Capital (Gordian) has achieved regulatory approval to expand its institutional cross-border fund platform and fund solutions...

The National Bank of Bahrain (NBB) has announced that its Group Chief Executive Officer Usman Ahmed has been named among Economy Middle East s list of 30 Leading Voices in the Banking & Finance sector...

UAE s real gross domestic product (GDP) grew by 6.2% in 2025 over the previous year to hit AED1.9 trillion ( 517 billion) stated a report by the country s Federal Competitiveness and Statistics Centre...

The UAE s Defaulted Debts Settlement Fund in cooperation with several UAE banks has waived more than AED834 million ( 227.09 million) in interest accrued on loans owed by 2 339 low-income retirees across...

The gross domestic product (GDP) of the GCC states reached approximately 2.4 trillion in 2025 positioning the council s economies among the world s influential economic powers according to data issued...

First Abu Dhabi Bank (FAB) the UAE s global bank and one of the world s largest financial institutions facilitated AED381 billion ( 103.74 billion) in sustainable and transition finance between 2022 and...

Dubai has approved a second package of economic incentives valued at AED1.5 billion ( 408.44 billion). The package spans a range of sectors including government fees and services tourism trade and logistics...

The Esports Foundation (EF) has announced that the 2026 edition of the Esports World Cup (EWC) the world s largest esports and gaming event will be hosted in Paris France from July 6 through August 23....

Batelco by Beyon has introduced Postpaid World a new offering that enables customers to use their data and minutes both locally and internationally as part of a single plan with no additional setup required...

Oman Investment Authority the sultanate s sovereign wealth fund has reported its strongest annual performance to date recording approximately 7.8 billion in profits and a 14.6% return on investment in...