Saudi PIF anchors King Street fund targeting MENA
Saudi Arabia’s $1 trillion sovereign wealth fund, the Public Investment Fund (PIF), has signed an agreement to anchor a new…
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Saudi real estate sector offering $6.3bn opportunities to global investors: Knight Frank
Saudi Arabia is poised to draw $6.3 billion in private international capital into its property sector once the ongoing geopolitical…
Saudi commercial registrations reach 1.89m as 71k new businesses launch in Q1
Commercial registrations in Saudi Arabia stood at approximately 1.89 million by the end of the first quarter of 2026, with…
QFC records 57% y-o-y increase in Q1 firm registation
QFC rises 14 places in the Global Financial Centres Index, ranking third in the MENA region Qatar Financial Centre (QFC),…
Kuwait Finance House gets nod for $650mln AT1 sukuk
Kuwait Finance House (KFH), rated A2 by Moody’s and A by Fitch, said Kuwait’s Capital Markets Authority has approved its…
FTI Consulting appoints Aurélien Vincent to lead financial services practice in the Middle East
FTI Consulting, Inc. today announced the appointment of Aurélien Vincent as a Senior Managing Director in the Strategy & Transformation…
ADIB mobilises $5.53bln in sustainable finance in 2025
Abu Dhabi Islamic Bank (ADIB), a leading Islamic financial institution, has mobilised and facilitated AED20.3 billion ($5.53 billion) in sustainable…
Bonyan appoints Dar Ventures’ Aboushadi as board member
Bonyan for Development and Trade has appointed Nader Aboushadi, Co-Founder of Dar Ventures and Group Chief Treasurer of Sidara, as…
Saudi banks hold assets totaling $1.33trln, driven by robust demand for corporate financing
The total assets of Saudi banking sector had reached SR4.96 trillion by the end of 2025. This underscores the rapid…
Emirates NBD launches business support package to help SMEs manage costs and cash flow
Emirates NBD has launched a Business Support Package consisting of a set of temporary fee-relief measures to help SMEs manage…
Horváth strengthens Energy practice leadership in the Middle East
International management consultancy Horváth has strengthened its Energy practice in the Middle East with the appointment of Saleh Hassasneh as…
Short-term exits from the UAE could trigger unexpected tax exposure for expats, SJP warns
With more UAE-based expats spending time abroad in recent weeks, whether through short trips, extended stays, or unplanned travel, now…