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DGCX to launch first same-day physically settled spot gold contract in GCC

The Dubai Gold and Commodities Exchange (DGCX) will launch its Gold Spot T 0 Contract on Monday June 22 introducing the first same-day physically settled spot gold product on a regulated exchange in the...

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Mideast boards lead globally on AI governance, skills gaps remain, says expert

Boards across the Middle East are emerging as the most forward-looking and technology-focused globally according to new research from Board Intelligence EMEA s largest board technology and advisory firm....

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UAE bans children below 15 years from access to social media

The UAE Cabinet has issued a resolution setting the minimum age for social media use at 15 years. Children below this age are prohibited from creating using or operating personal accounts on social media...

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UAE Ministry of Finance's 2027–2029 Strategic Plan aims to enhance efficiency

The UAE Ministry of Finance has launched its Strategic Plan 2027 2029 a new government framework designed to enhance the efficiency of public financial management and advance its policies and tools in...

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e& plans world’s first commercial U6GHz network in UAE

e& UAE today announced it has awarded a contract to a strategic infrastructure partner to roll out the world s first commercial mobile network using Upper 6GHz (U6GHz) 256TRX Giga-MIMO technology. Planned...

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HSBC brings TradeCash to UAE, enabling faster access to working capital

HSBC has launched HSBC TradeCash in the UAE becoming the first market for HSBC in the region where the solution is available. HSBC TradeCash is a new trade finance solution that enables customers to upload...

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Gulf Partners closes $100m private credit facility for US group NinjaTrader

Gulf Partners Group (GPG) a management-led Gulf private markets firm together with Payward the unified infrastructure platform and parent company of both NinjaTrader and digital asset platform Kraken has...

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GCC investment-grade spreads back at pre-war levels: Fitch

GCC fixed-income yields are benefitting from a decline in geopolitical risk premiums following the US-Iran deal according to Fitch Ratings. This is reflected in yield spreads between GCC investment-grade...

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Al Ansari Financial Services reaches 1,000 UAE national employees milestone

Al Ansari Financial Services (AAFS) a leading financial institution in the GCC has reached a milestone of 1 000 UAE national employees across its businesses reflecting one of the largest Emiratisation...

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DIFC mulls amendment of its key data protection rules

Dubai International Financial Centre (DIFC) the leading global financial centre in the Middle East Africa and South Asia (MEASA) region proposes to amend its DIFC Data Protection Regulations (DP Regulations)....

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International Affairs Office at UAE Presidential Court AI-powered spokesperson

The International Affairs Office at the UAE Presidential Court has launched Zayed an AI-powered spokesperson designed to communicate the Office s initiatives strategic priorities and global engagements...

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Citi appoints Rajeev Garg as new Head of Wealth for UAE

Citi has appointed Rajeev Garg as the new Head of Wealth for Citibank N.A. UAE effective June 18 2026. Garg will lead the strategic advancement and performance of Citi s Wealth vertical (Citigold Citigold...

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First Effie Awards Saudi Arabia winners announced

Effie Awards Saudi Arabia 2026 held under the theme Pride of the Kingdom crowned winners across 26 categories 12 industry categories and 14 specialty categories celebrating the Kingdom s marketing effectiveness...

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Emirates NBD, RBL Bank complete strategic $2.75bn investment deal

Emirates NBD Bank and RBL Bank Limited today announced the successful completion of Emirates NBD s acquisition of a majority stake in RBL Bank through a primary infusion of approximately 2.75 billion (...

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Bahrain's CBB keeps overnight interest rate unchanged at 4.25%

The Central Bank of Bahrain (CBB) has announced its decision to maintain the overnight deposit interest rate unchanged at 4.25%. This decision comes as part of the review conducted by the CBB to maintain...

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NBB plays key role as Joint Lead Manager in Bahrain’s $1bn sovereign bond issue

National Bank of Bahrain (NBB) acted as Joint Lead Manager and Bookrunner in Bahrain s successful 1 billion 10-year international bond issuance. The bank s involvement reinforces its role and contribution...

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