Preservation to purpose: A new era of wealth planning in the Middle East
The Middle East is entering a defining moment in its economic history. By 2030, an estimated $1tn in GCC-controlled wealth…
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Emirati Arkan debuts in Egyptian market with EGP 10bn SLCITI
Arkan Contracting — one of the UAE’s leading general contracting, real estate development, and infrastructure companies — has announced an…
Credit granted by banks in Oman increases by 7.3%
The total credit granted by conventional commercial banks in the Sultanate of Oman at the end of September 2025 recorded…
Mastercard’s Prakriti Singh on integrating stablecoins into mainstream commerce
Mastercard is taking another step toward bridging traditional finance and Web3. Through an expanded partnership with Circle, the payments giant…
Saudi Arabia scales back salary premiums for foreign talent, recruiters say
Saudi firms are scaling back generous salary premiums that once lured top foreign talent into sectors such as construction and…
Saudi’s Derayah Financial secures $133mln credit facility
Saudi brokerage platform Derayah Financial Company has secured a 500 million riyals ($133 million) sharia-compliant credit facility with Saudi National…
QIIG, PayLater ink deal to offer Shari’a-compliant payment solutions
Qatar Islamic Insurance Group has announced the signing of a strategic partnership with PayLater, the first Qatari company licensed by…
Off-plan sales dominate Dubai’s residential market in Q3 amid record transaction volumes
Despite looming supply challenges, fundamentals remain robust. Dubai’s economy continues to expand, with GDP growth forecasts revised upward and population…
Digital readiness is the backbone of resilient financial markets in the GCC
Resilience in 2025 is not about predicting the next crisis. It is about proving that you can withstand it,…
Qatar records budget deficit of $373m as revenue dips
Qatar recorded a budget deficit of 1.4 billion riyals ($373.29m) in the third quarter of 2025, which was financed through…
CBI reports pre-tax net profit of AED 109m for the first nine months of 2025
Commercial Bank International PJSC (“CBI” or “the Bank”) (ADX Symbol: CBI; ISIN: AEC000101019), a leading UAE bank, today released its…
SAB’s new instant account opening service empowers SMEs
Saudi Awwal Bank, one of the leading banks in the Kingdom, has launched a new instant account opening service for…