Egypt: El-Sisi names Islam Azzam as FRA Chairman
President Abdel Fattah El-Sisi has issued presidential decree No.116 of 2026, appointing Islam Azzam as the acting Chairman of the…
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Sustainable Finance Awards 2026: Middle East
Middle East sustainable finance grows rapidly, led by two countries, but the region still faces major funding gaps and climate-adaptation…
Why the UAE can withstand shocks from escalating Iran–US conflict: 6 reasons
A fresh assessment from S&P Global Ratings highlights the structural strengths that help shield the UAE economy from geopolitical shocks.…
HSBC reaffirms confidence in GCC as Iran-US conflict rattles markets
HSBC remains confident in the long-term prospects of Gulf economies despite escalating conflict across the Middle East, Group Chief Executive…
Sharjah Islamic Bank’s General Assembly approves 20% cash dividend and capital increase in the golden jubilee year
H.E. Abdul Rahman Al Owais, Chairman of the Board of Directors of Sharjah Islamic Bank (SIB), chaired the Bank’s Annual…
Bahrain’s state oil company declares force majeure on its shipments after Iran attack
Bahrain’s state oil company declared force majeure on Monday for its shipments after an Iranian attack set its refinery ablaze.…
Gulf states activate emergency plan to ensure flow of goods amid geopolitical tensions
The Gulf States, through the Federation of GCC Chambers, have activated an emergency plan in coordination with the chambers of…
Egyptian pound weakens past 52 per dollar amid regional tensions
The dollar closed at EGP 52.11 for buying and EGP 52.21 for selling, according to data from the Central Bank…
QCB continues implementing remote work system in financial institutions
Qatar Central Bank announced that it has been decided to continue implementing the remote work system for no more than…
UAE’s crypto adoption surges as banks shift from pilots to production
The UAE’s digital‑asset landscape is entering a decisive new phase, with banks and financial institutions rapidly progressing from blockchain experimentation…
Banks, institutions suspend operations in Kuwait after Iranian attacks
Several banks and public institutions in Kuwait temporarily closed their main offices on Sunday because of ongoing attacks from Iran…
Karm Holding secures EGP 70mln shariah-compliant financing from Banque Misr to expand Cairo 3A project
Venus, a subsidiary of Karm Holding, has secured Shariah-Compliant financing worth EGP 70 million from Banque Misr to support the…