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Al Ansari Financial Services H1 operating income up 13% to $173.7m

Al Ansari Financial Services a leading non-banking financial institution and services provider in the GCC has delivered a resilient and record breaking performance in the first half of 2025 (H1 25) reporting...

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Bank ABC Islamic H1 net profit up 7.3% to $26.9m

Bank ABC Islamic reported a net profit of 26.9 million for the first half of 2025 a 7.3% increase compared to 25.1 million for the same period last year. The performance was driven by 4.4% rise in total...

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Bank ABC net profit reaches $152m; assets hit historic $48bn

Bank ABC (Arab Banking Corporation) continued its resilient performance against a backdrop of continuing global economic uncertainty with an H1 net profit of 152 million a 1% headline growth over the corresponding...

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Bahrain's economy grows 2.7% in Q1 on big non-oil activity

Bahrain s economy grew at 2.7% at constant prices during the first quarter this year mainly driven by an increase in both non-oil and oil activities by 2.2% and 5.3% YoY respectively reported BNA citing...

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AI-driven digital business registration process launched in UAE

Mastercard has joined forces with IFZA one of the fastest-growing free zones in the UAE and Global Tax Assistant an international consulting firm to launch a fully digital AI-driven business registration...

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Zain Bahrain launches exclusive club for premium customers

Zain Bahrain a leading telecom and technology provider in the Kingdom is proud to announce the launch of Signature an exclusive club for its premium customers. Signature offers a range of exclusive benefits...

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ADX names Mena start-up Thndr as remote retail trading member

The Abu Dhabi Securities Exchange (ADX) today (August 7) onboarded Thndr a leading retail investment platform in the Mena region as the first remote retail trading member on the second largest exchange...

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Tamkeen seeks applications for business accelerator program

Bahrain s Labour Fund Tamkeen and Salica Investments have announced that applications for the third cohort of the Riyada Business Accelerator Program are now open until September 30. The programme is designed...

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e& launches Monitoring-as-a-Service for real-time infrastructure visibility

e& a global technology group has launched Monitoring-as-a-Service (MaaS) a groundbreaking solution set to redefine infrastructure monitoring in the UAE. By enabling a new level of operational visibility...

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GCC assets under management hit $2.2 trillion

The GCC s asset management industry grew to 2.2 trillion in Assets under Management (AuM) in 2024 a 9% increase from the previous year according to a new report. The 23rd edition of the Global Asset Management...

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Bahrain’s GDP records real growth of 2.7% in Q1

Bahrain s gross domestic product (GDP) increased by 2.7% and 3.0% at constant and current prices respectively in the first quarter of 2025 compared to the corresponding quarter of the previous year. According...

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Talabat reports robust Q2 growth, raises full-year guidance

Talabat Holding a leading on-demand online ordering and delivery platform in the MENA region has announced strong financial results for the second quarter of 2025 driven by solid performance across both...

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CBB launches new graduate development programme

The Central Bank of Bahrain (CBB) has launched a strategic initiative aiming to cultivate the next generation of industry leaders and reinforce Bahrain s position as a dynamic financial hub. The first...

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e& deploys key Huawei dual-band radio unit on 5G network

Leading UAE telecom company e& has announced that it has deployed the region s first Dual-Band 64T64R MetaAAU an advanced radio unit from Huawei on its live 5G network. This new technology not only improves...

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Lenovo launches modular DaaS for sustainability

Lenovo has introduced TruScale Device as a Service (DaaS) for Sustainability a modular solution that helps enterprises advance sustainability goals while modernising IT. The solution gives organisations...

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NetApp appoints new GM to lead Saudi growth strategy

NetApp the intelligent data infrastructure company has appointed Saeed Al-Zahrani as General Manager for Saudi Arabia to further reinforce its commitment to the kingdom s digital transformation agenda....

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