Most GCC central banks cut key rates; Kuwait holds rates steady
Most Gulf central banks cut key interest rates on Wednesday after the US Federal Reserve moved to reduce rates by…
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DMCC unveils plans for new financial centre in Dubai
Dubai’s DMCC is setting up a new Financial Centre to anchor trade finance, fintech, and digital asset innovation, reinforcing the…
Saudi Arabia’s real GDP grows 5% in Q3: GASTAT
Saudi Arabia’s economy grew 5 percent in the third quarter from a year earlier, driven by strong gains in both…
Apex Investment sees higher profits in 9M-25; revenues hit $172.47mln
The net profits after tax of Apex Investment Company hit AED 54.43 million in the first nine months (9M) of…
Grant Thornton adds three members to partner team in Saudi Arabia
Global accounting and consulting Grant Thornton has in recent months strengthened its senior team in Saudi Arabia with three new…
Government Approves Draft Tax Treaty with Oman
The Council of Ministers Wednesday approved a draft treaty with the Sultanate of Oman for the avoidance of double taxation…
Alrayan Bank reports a net profit of QAR 1,320mln for Q3 2025
Net financing assets closed at QAR 113.4 billion and Deposits at QAR 113.6 billion representing a YOY increase of 3.1%…
Gulf Bank celebrates 65 years of growth, excellence and community connection
Sixty-five years ago, a modest dream took shape on Fahad Al-Salem Street in the heart of Kuwait City. In a…
Qatar Central Bank lowers current interest rates by 25 basis points
The Qatar Central Bank today, October 29, reduced the current interest rates for deposit, lending, and repurchase operations, following an…
Deloitte unveils Middle East Center of Excellence for Oracle AI Agents
Offering a dedicated regional hub to develop and deploy Oracle AI Agents across public and private sectors Combines global…
dnata and Visa unveil exclusive benefits for GCC’s wealthy travellers
dnata Representation Services (dRS) has announced an exclusive collaboration with Visa to promote curated resort and hotel offers to a…
China Expands Yuan Clearing to First Abu Dhabi Bank in UAE
China’s central bank has appointed a second yuan clearing bank in the United Arab Emirates, signaling a deepening of financial…