UAE banks deferred Dh13.5b in loan repayments under CBUAE support package
Banks in the UAE deferred repayments on Dh13.5 billion worth of loans for more than 135,000 customers under a Central…
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DFM net profit before tax amounts to $121mln as trading activity increases 40.4% in H1 2026
Dubai Financial Market (DFM) today announced its consolidated financial results for the six-month period ending 30th June 2026, reporting a…
Saudi economy resilient amid geopolitical conflicts: IMF
Saudi Arabia’s economy is expected to stay resilient amid geopolitical conflicts and is expected to grow by 1.7 percent this…
CBB keeps rate unchanged
THE Central Bank of Bahrain (CBB) announced its decision yesterday to maintain the overnight deposit interest rate unchanged at 4.25…
Janus Henderson highlights growing investment opportunity as GLP-1 innovation accelerates
Advances in GLP-1 therapies are creating a new phase of opportunity across the healthcare sector, according to Janus Henderson Investors,…
Alvarez & Marsal report urges CFOs to prioritize execution as cost and liquidity pressures intensify
New report from former CFOs and turnaround operators argues that cash, cost and cost of goods sold (COGS) should be…
ADIB delivers strong H1 2026 results, with net profit before tax increasing 9% to AED 4.3bln, and industry-leading ROE of 28%
Net Profit ADIB continued to deliver strong and sustainable growth in H1 2026, with net profit before tax increasing…
UAE keeps key interest rate unchanged in July, mirroring US Fed move
The Central Bank of the UAE (CBUAE) announced late Wednesday it has decided to maintain the Base Rate applicable to…
The five hidden costs of doing your own finances as a founder
For many founders, managing the books themselves feels like the responsible choice when budgets are tight. But the hidden costs…
MEEZA secures additional QR1.6bn Murabaha facility from Dukhan Bank
Data centres and managed IT services provider MEEZA has secured an additional QR1.6bn Commodity Murabaha bank facility from Dukhan Bank.…
BIBF and BKIC hold Bahrain’s first AI hackathon for the insurance sector
The Bahrain Institute of Banking and Finance , in collaboration with Bahrain Kuwait Insurance Company, held Bahrain’s first AI hackathon…
Saudi Arabia welcomed 29.3m foreign tourists in 2025: OECD
The Organization for Economic Co-operation and Development announced its “Tourism Trends and Policies 2026” report, which reflected the rapid growth…