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Al Salam Bank's ASB Capital marks successful first anniversary

Al Salam Bank one of the fastest growing financial groups in the region celebrates the first anniversary of its asset management and investment banking arm ASB Capital marking a year of steady growth product...

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CBB Equal Opportunities Committee discusses initiatives

The Central Bank of Bahrain s (CBB) Equal Opportunities Committee held its second meeting for 2025 chaired by Shaikha Khalifa Al Khalifa Director of Finance at CBB. During the meeting the committee reviewed...

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SICO announces $500m in new investment products

SICO a leading regional asset manager broker market maker and investment bank with physical presence in Bahrain Saudi Arabia and the UAE has announced an expanded product suite of 500 million in new transactions...

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Investcorp completes $1.2bn investments in Q1 of fiscal 2026; plans to deploy $6bn

Investcorp a leading global alternative investment firm headquartered in Bahrain announced that it has completed 1.2 billion in investments during the first three months of its fiscal year 2026 across...

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Emirates Nuclear Energy Company, Presight set up AI platform

The Emirates Nuclear Energy Company and Presight a leading global AI and big data analytics company have co-developed Eneciq an independent agentic AI platform designed to drive faster insights decision-making...

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Majority plans AI investments in Global South

About 87% of global investors plan to increase AI investments in the Global South within the next two years with India Southeast Asia and the Middle East identified as most likely beneficiaries a research...

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Saudi Arabia drives $700m in Mena IPO proceeds in Q3

The Middle East and North Africa region continued to demonstrate healthy activity and investor interest with 11 initial public offerings (IPOs) raising 700 million in total proceeds. The number of listings...

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Qatar's Meeza signs data centre deal with global major

Meeza Qatar s leading data centre and managed IT services provider has signed a major agreement with a global hyperscaler and cloud service provider to provide 6 megawatts of data centre services in the...

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stc Bahrain, center3 announce major progress on $320m ICT projects

stc Bahrain and center3 have announced significant progress on two of the Kingdom s most transformative ICT infrastructure projects: the 2Africa Pearls Submarine Cable and the Bahrain Data Center Park....

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Mastercard Strive program launched in Bahrain

The Bahrain Labour Fund (Tamkeen) and the Mastercard Center for Inclusive Growth announced the launch of the first Mastercard Strive Program a global small business program in Bahrain on the sidelines...

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Almasar Alshamil Education announces IPO price range

Almasar Alshamil Education a leading provider of specialised education in the GCC has announced the offer price range and commencement of participating entities bidding and book-building process for its...

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GCC real GDP hits $466.2bn in Q1

The real gross domestic product (GDP) of the Gulf Cooperation Council (GCC) countries reached 466.2 billion by the end of the first quarter of 2025 up from 451.9 billion in the same period of 2023 marking...

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Gold breaks records as investors seek shelter from market turbulence

The quarterly gold demand (including OTC) soared to hit 1 313 tonne ( 146 billion in value terms) and was the highest quarter for demand on record driven primarily by investment demand which accelerated...

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Syria secures $28bn investments; Gulf states lead

Syrian President Ahmed Al-Sharaa announced that his country has attracted approximately 28 billion in investments during the first six months of this year highlighting significant participation from companies...

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HUMAIN, EY announce global partnership for AI-powered business transformation

HUMAIN a global artificial intelligence company backed by the Public Investment Fund (PIF) delivering full-stack AI capabilities and EY a global leader in professional services have announced a landmark...

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DIB reports record 9-month revenue of $2.94bn

Dubai Islamic Bank (DIB) showcased another robust performance in the first nine months of 2025 reporting record revenues of AED9.7 billion ( 2.64 billion) driving a 10% YoY increase in pre-tax profit to...

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