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Jadwa buys majority stake in Saudi retailer Makhazen Alenaya

Jadwa Investment a leading investment management and advisory firm in the Middle East has announced the acquisition of a majority stake in Makhazen Alenaya through its flagship blind-pool vehicle Jadwa...

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Visa names new regional head for CEMEA region

Visa has announced the appointment of Tareq Muhmood as its new Regional President for Central and Eastern Europe Middle East and Africa (CEMEA). In this role he will be responsible for leading operations...

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Aramco tops Forbes Middle East 100 Biggest Players list

Forbes Middle East has published its annual list of the Top 100 Listed Companies in the Middle East highlighting the public corporations that are driving the region s capital markets and shaping economic...

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stc Bahrain boosts 5G network, AI leadership with Huawei deal

stc Bahrain a digital enabler and Huawei a global technology leader have signed a strategic agreement to jointly innovate and develop cutting-edge 5G-Advanced (5G-A) and AI-powered digital services enhancing...

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UK’s NayaOne enters Saudi market with new fintech platform

NayaOne a key vendor delivery infrastructure (VDI) platform has launched the kingdom s first fully Saudi-hosted platform thus marking its entry into Saudi Arabia with support from AstroLabs the Gulf s...

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Blue Line 'writing new chapter' in Dubai's real estate boom

Dubai Metro s Blue Line is having a profound positive impact on the emirate s real estate market reshaping the real estate investments map and writing a new chapter in the city s real estate boom said...

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GCC's total public spending for 2025 set to hit $542bn

The total public spending by the six GCC countries the UAE Saudi Arabia Oman Kuwait Qatar and Bahrain is estimated to reach 542.1 billion in the current financial year 2025 according to data released by...

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Khazna Data Centers, NVIDIA join to develop AI factories in region

Aligning with growing demand for AI infrastructure Khazna Data Centers (Khazna) a global leader in hyperscale digital infrastructure today announced it is collaborating with NVIDIA to build AI factories...

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Gross banks’ assets surge to $1.3bn at end of March: CBUAE

The Central Bank of the UAE (CBUAE) has announced that the gross banks assets including the bankers acceptances increased by 1.9% from AED4.63 billion ( 1.26 billion) at the end of February to AED4.72...

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Newly-set up Expo 2030 Riyadh Company names CEO

Expo 2030 Riyadh Company (ERC) a newly-launched Saudi PIF company that will be responsible for the development and operations of the upcoming gala event has appointed Talal H. AlMarri as its new Chief...

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Mashreq structures debut sustainability-lined funding for Galadari

Mashreq a leading financial institution in the Mena region has structured the first sustainability-linked financing (SLF) for Galadari Brothers a UAE-based leading conglomerate marking a significant step...

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Sport Impact Summit expands footprint with Hoko partnership

The Sport Impact Summit (SIS) has announced a new strategic partnership with Hoko the UAE-based experiential agency known for its premium hospitality brand Aioka and the newly launched AI innovation platform...

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Blue Line 'writing new chapter' in Dubai's real estate boom

Dubai Metro s Blue Line is having a profound positive impact on the emirate s real estate market reshaping the real estate investments map and writing a new chapter in the city s real estate boom said...

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NBB seals strategic deal with Batelco to boost fintech offerings

The National Bank of Bahrain (NBB) has signed a MoU with Batelco by Beyon to deliver integrated service packages to their business clients. This strategic partnership marks a significant step in advancing...

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EDGE, FAB sign strategic deal to build resilient financial ecosystem

EDGE Group one of the world s leading advanced technology and defence groups has entered a strategic partnership with First Abu Dhabi Bank (FAB). The agreement covers two major financial initiatives: the...

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DP World, JP Morgan in deal to boost trade finance availability

DP World Trade Finance and JP Morgan are collaborating to improve access to working capital in emerging markets where supply chain disruptions and limited credit continue to hinder trade. The deal comes...

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