The Bahrain Association of Banks (BAB) has announced the appointment of Zeeba Askar as its new Chief Executive Officer. She brings extensive leadership experience to the role having served as Chief Investment...

The MENA region recorded 425 M&A deals in the first half of 2025 marking a 31% increase in deal volume and a 19% rise in total value to 58.7 billion compared with the same period in 2024 according to the...

Bahrain Development Bank (BDB) has reported significant financial growth for the first six months of the year with a 14% jump in its total operating income which rose to BD5.68 million ( 15 million) from...

The assets under management (AuM) of Saudi Arabia s Public Investment Fund (PIF) increased by 19% to 913 billion as of year-end 2024 with an annual average total portfolio return of 7.2% since 2017 according...

Bahrain Development Bank (BDB) a leading bank supporting small and medium-sized enterprises (SMEs) in Bahrain has signed an agreement with Aluminium Bahrain (Alba) to introduce an invoice discounting solution...

The Central Bank of Bahrain (CBB) has announced that registration has opened today (August 14) for the first edition of its Graduate Development Program GP15 and will run until month end. The initiative...

National Bank of Bahrain (NBB) has appointed Yusuf Ahmed Abdulla as Head of Prestige Banking within its Retail Banking Division. Abdulla brings over two decades of experience in wealth management and private...

Abu Dhabi-based Mubadala Capital has announced that it has successfully completed the acquisition of CI Financial Corp one of North America s leading diversified asset and wealth management companies....

ADIB Capital Limited a wholly-owned subsidiary of Abu Dhabi Islamic Bank located in DIFC and regulated by the DFSA has launched a key fund for professional clients and market counterparties The ADIB Islamic...

The gross national income (the total income earned by citizens and companies) of the GCC countries at current prices in 2023 amounted to 2.143 trillion a decrease of 2.7% compared to 2.202.7 trillion at...

Emirates Islamic one of the leading Islamic financial institutions in the UAE has announced that it has been mandated as the lead cash management service provider for the entire UAE financial operations...

Dubai recorded a GDP of AED119.7 billion ( 32.59 billion) in the first quarter of 2025 marking a 4 percent growth from the same period in 2024 in a testament to the continued resilience of the emirate...

Gulf International Bank (GIB) a pan GCC universal bank reported that its net profit attributable to shareholders soared to 44.2 million in the second quarter of 2025 marking an 8% increase from 41 million...

Abu Dhabi-based global tech ecosystem Hub71 has attracted 13 new AI-driven start-ups during the first half of 2025 a report said. With this addition the number of AI-focused start-ups under Hub71 has risen...

Al Salam Bank has announced net profits attributable to shareholders of 98.2 million for the six-month period ended June 30 (H1 2025) reflecting an increase of 30.9% from 75 million in H1 2024 and a return...

The global market for supercapacitors has seen steady growth over the last decade due to niches in automotive power grid and industrial applications and will continue to do so from 2026 to 2036 with an...