Doha Bank issues USD150 million digital bond with instant settlement
Doha Bank has successfully listed its inaugural USD150 million Floating Rate Digitally Native Notes (DNN) on the London Stock Exchange’s…
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Kuwait moves to crush bank fraud
Attorney General Saad Al-Safran announced the establishment of the Banking Affairs Prosecution Office, which specializes in investigating banking crimes, including…
UAE eases corporate tax regulations, introduces refunds for unused credits
The UAE government has issued a new Federal Decree-Law amending key provisions of Federal Decree-Law No. 47 of 2022 on…
ENBD names reshuffles senior wealth roles
Emirates NBD (ENBD) has rejigged its senior management, naming a new wealth management head. Rael Al Jaser has taken…
DIFC becomes top five global hub for hedge fund managers – over 100 hedge funds now registered in the Centre
Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa and South Asia (MEASA) region,…
Kuwait’s banking sector records strong growth in loans, deposits, and assets
Consolidated financial data for Kuwait’s banks for the first nine months of 2025 showed strong growth, with the sector’s loan…
Commercial Bank launches Qatar’s first-ever Metaverse Auto Marketplace on CBQ Mobile App
Commercial Bank has launched Qatar’s first Metaverse-enabled Auto Marketplace on the CBQ Mobile App. Through this innovation, customers can…
The UAE’s net wealth hits record high, reaching $3.12trln in 2024
The UAE’s financial wealth grew by 9.5% between 2023 to 2024, rising from $1.05 trillion to $1.15 trillion. Real assets…
Real estate deal value climbs to QR2.261bn in November 2025
The real estate transactions index recorded a total value of QR2.261bn for 530 real estate deals in November this year.…
Nasdaq Dubai welcomes USD 500mln Sukuk by Majid Al Futtaim amid strong momentum in Islamic Debt Markets
Nasdaq Dubai has welcomed the listing of a USD 500 million Sukuk issued by (MAF Sukuk Ltd.), as the company…
ADIB strengthens ESG ratings with MSCI and sustainalytics
Abu Dhabi Islamic Bank (ADIB), a leading Islamic financial institution, has reaffirmed its position as a regional leader in sustainable…
Saudi banks power economic confidence
Saudi Arabia’s financial system continues to demonstrate notable resilience at a time when global markets remain shaped by uncertainty, tighter…