EGP strengthens against USD at Egyptian banks on Thursday
The exchange rate between the USD and the EGP fell to EGP 47.19 for purchasing and EGP 47.29 for selling…
Comment & Analysis
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Maktoum bin Mohammed meets with Group CEO of HSBC Holdings
H.H. Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai, Deputy Prime Minister and Minister of…
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…
Arab Fund joins global lenders in expanding climate finance and supporting SMEs in jordan
The Arab Fund for Economic and Social Development (Arab Fund) is providing a subordinated loan of $25 million to Capital…
Saudi banks’ Q3 profits rise 14.5% to SAR 23.6 billion — Maaal survey
The combined net profits of the 10 Saudi banks listed on the Saudi Exchange rose 14.5% year-on-year in the third…
Dubai Financial Services Authority regulatory update Q3 2025
The third quarter of 2025 brought continued regulatory focus within the Dubai International Financial Centre. The Dubai Financial Services…
Emirates NBD to Acquire Controlling Stake in RBL Bank for US$3B
The Boards of Directors of Dubai’s Emirates NBD Bank (ENBD) and India’s RBL Bank have approved entering into definitive agreements…
Finance Minister attends annual Bahrain Banks Reception
Shaikh Salman bin Khalifa Al Khalifa, Minister of Finance and National Economy, attended the annual Bahrain Banks Reception organised by…
Deloitte: Middle East scale-up ecosystem continues growth path amid challenges
On a mission to innovate and disrupt, Middle Eastern scale-ups are thriving as the ecosystem matures rapidly. While there are…
Bain & Company forms global AI partnership with Abu Dhabi’s Inception
Global strategy consulting firm Bain & Company has announced a strategic collaboration with G42 subsidiary Inception to bring productized, enterprise-grade…
stc pay Bahrain Plans 2026 Regional Expansion and AI-Powered Personalisation
Launched in 2023 under a Central Bank of Bahrain licence, stc pay has broadened from a consumer wallet into a…
This business tycoon exits UK for UAE and reason is not just taxation
Nik Storonsky, co-founder of the privately held digital banking app Revolut, has officially changed his residency from the UK to…