GIB appointed strategic partner for 2025 PIF Saudi International
Saudi Arabia has been appointed a strategic partner for the upcoming 2025 PIF Saudi International, powered by SoftBank Investment Advisers,…
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UAE to build its first space-to-ground quantum communication network
The Technology Innovation Institute (TII), the applied research arm of Abu Dhabi’s Advanced Technology Research Council (ATRC), is collaborating with…
IFFCO appoints Abdul Wahab Al-Halabi as executive chairman to lead next phase of growth
IFFCO Group, the leading FMCG multinational headquartered in the UAE, today announced the appointment of Abdul Wahab Al Halabi as…
UAE executes first cross border digital currency payment with China
The UAE has carried out its first-ever cross-border payment with China using central bank digital currencies, marking a major breakthrough…
NBK-Egypt reports KD 38.4 million net profit in 9 months ended Sept 30, 2025
National Bank of Kuwait - Egypt has reported net profits of EGP 6.1 billion (equivalent to KD 38.4 million) for…
UAE’s Zand Bank Wins Approval to Launch Dirham‑Backed Stablecoin
Zand Bank, an artificial intelligence (AI)-powered digital bank, has secured a critical regulatory approval from the Central Bank of the…
Top 10 banks post 485 billion Turkish Lira profit in nine months
Türkiye’s largest banks by assets recorded a combined profit of 484.5 billion Turkish Liras ($11.4 billion) in the first nine…
Clearstream Partners with Lighthouse Canton for Fund Execution and Custody Capabilities Across Asia and the Middle East
Lighthouse Canton, the Singapore-based global investment institution with operations across Asia and the Middle East, is partnering with Clearstream, Deutsche…
Saudi real estate boom accelerates with mega deals at Cityscape Global
The 2025 edition of the Cityscape Global exhibition, which opened in Riyadh on Nov. 17, has emerged as a platform…
Ajman Bank advances treasury transformation through strategic collaboration with Murex
Ajman Bank, one of the UAE’s leading Islamic financial institutions, has announced a strategic collaboration with Murex, the global leader…
Kuwait approves landmark digital commerce law, paving the way for a regional digital economy hub
Kuwait City: The Ministry of Commerce and Industry announced that the Kuwaiti Cabinet has approved the new Digital Commerce Law,…
Global investment firm KKR opens office in Abu Dhabi’s ADGM
KKR & Co. is opening an office in Abu Dhabi’s international financial centre, ADGM, as the alternative asset manager and…