Finance & Capital Market

Finance & Capital Market

EY Academy roadshow equips 950 finance leaders for financial reporting changes

Mon, 15 Dec 2025

EY Academy has concluded its 2025 Corporate Reporting Insights Roadshow, a regional programme that brought together around 950 CFOs, finance directors, controllers and industry specialists across eight cities in six Middle Eastern countries.

Finance & Capital Market

Emirates NBD pioneers branded gold bar in UAE

Mon, 15 Dec 2025

In a landmark move for the UAE’s financial and precious-metal market, Emirates NBD, a leading banking group in the Middle East, North Africa and Türkiye (MENAT) region, has unveiled the ‘Emirates NBD Gold’.

Finance & Capital Market

Digital economy set to hit $28trn next year: report

Mon, 15 Dec 2025

The global digital economy is expected to grow by 9.5% next year, three times faster than the global economy, according to the Digital Economy Trends (DET) 2026 report. It is projected to reach an estimated $28 trillion in 2026, representing 22% of global GDP.

Finance & Capital Market

IsDB approves $180.72m for Bahrain highway upgrade

Mon, 15 Dec 2025

The Islamic Development Bank (IsDB) has approved a $180.72 million funding for the King Faisal Highway Upgrade Project in Bahrain's capital Manama. The funding is part of a new package of projects totaling approximately $1.36 billion.

Finance & Capital Market

DIFC now among top five global hubs for hedge fund managers

Mon, 15 Dec 2025

Dubai International Financial Centre (DIFC), a leading global financial centre in the Middle East, Africa and South Asia (MEASA) region, has registered its 100th hedge fund, reflecting its dominance in the sector and successful journey to becoming a top five global hub for the industry.

Finance & Capital Market

Bank ABC named 'Transaction Bank of the Year' at UK event

Sun, 14 Dec 2025

Bank ABC, a leading player in the region’s banking industry, said it has once again been named 'Transaction Bank of the Year – Middle East in 2025' by The Banker (Financial Times), marking the third time the Bank secures this prestigious accolade.

Finance & Capital Market

NBB wins top honours at Euromoney Banking Awards

Sun, 14 Dec 2025

The National Bank of Bahrain (NBB) has been named the kingdom’s Best Cash Management Bank for 2025 at the Euromoney Transaction Banking Awards, in recognition of its leadership in delivering integrated cash management solutions.

Finance & Capital Market

Bank Nizwa names Deputy Chief Executive Officer

Sun, 14 Dec 2025

Bank Nizwa, a leading Islamic bank in Oman, has announced the appointment of Tariq bin Atiq as its new Deputy Chief Executive Officer and Chief Operations Officer. An industry veteran, Tariq brings over 25 years of diversified banking experience to the new role.

Finance & Capital Market

NDF seals $1.6bn deals to power Saudi Arabia's sustainable development

Sun, 14 Dec 2025

Saudi National Development Fund (NDF) and its affiliated sector funds have signed SAR6 billion ($1.6 billion) deals to help boost investment and unlock new opportunities across priority sectors including tourism, infrastructure and sustainable development.

Finance & Capital Market

Hassan Allam secures $250m contract to build Afreximbank HQ in Egypt

Sun, 14 Dec 2025

Hassan Allam Construction has been awarded a landmark $250 million contract for the construction of the Afreximbank African Trade Centre, the bank’s largest global complex, which will also host its new headquarters building, in the New Capital of Egypt.