Jordan set to receive $188m IMF financing amid regional turmoil
Jordan is set to receive $188 million in fresh International Monetary Fund financing to support economic reforms and stability amid…
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Phoenix Group appoints Phillip Ross to lead data center design and development as it scales its global AI infrastructure
Phoenix Group PLC has announced the appointment of Phillip Ross as Director – Data Center, Design and Development. The appointment…
GCC economy forecast to rebound 8.1% in 2027: ICAEW
The Gulf Cooperation Council economy is forecast to rebound 8.1 percent in 2027 after contracting 2.4 percent in 2026, as…
CBUAE maintains the base rate at 3.65%
The Central Bank of the UAE (CBUAE) has decided to maintain the Base Rate applicable to the Overnight Deposit Facility…
SolitAir appoints ATC as dangerous goods training partner
SolitAir, the UAE's next-generation dedicated B2B airport-to-airport cargo airline, has appointed Dubai-based Aviation Training Center (ATC) as its preferred training…
Weyay Bank enters strategic partnership with Snoonu to drive digital innovation
Weyay Bank has announced a new strategic partnership with Snoonu, reinforcing its commitment to staying at the forefront of innovation…
UAE launches sovereign retail sukuk programme for individual investors
The Ministry of Finance has announced the launch of the UAE’s first Sovereign Retail T-Sukuk Programme, introducing a Sharia-compliant investment…
Investcorp acquires stake in UAE-based IT distributor Metra
Investcorp, the Bahrain-based alternative investment manager, has acquired a stake in the UAE-headquartered IT distributor firm Metra for an undisclosed…
DIFC Welcomes Oak Hill Advisors Following DFSA Regulatory Approval to Establish in Dubai
Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa and South Asia (MEASA) region,…
Revolut gets UAE Central Bank licences ahead of full launch
Revolut has received Stored Value Facilities and Retail Payment Services licences from the Central Bank of the UAE, clearing a…
Singapore Gulf Bank signs up as member of Bahrain Association of Banks
The Bahrain Association of Banks has announced that Singapore Gulf Bank has signed up as a member, reinforcing collaboration across…
Dubai homebuyers rush to lock in fixed-rate mortgages as rates drop to 3.75%
Major UAE banks are offering attractive one-year fixed rates, with salaried residents securing the best deals as buyers seek protection…