Batelco by Beyon has won top recognition at the MEA Business Achievement Awards 2026 in Dubai for its AI-powered customer service platform, Basma, which has transformed the way customers engage with the company by delivering fast, intelligent and personalised sales and support.
Leading Emirati developer Modon has signed an agreement with Abu Dhabi Islamic Bank (ADIB) to introduce a first-of-its-kind home financing solution in the UAE capital for off-plan property purchases. Under this, eligible homebuyers will be able to access 75% off-plan home financing through ADIB.
Saudi Real Estate Refinance Company, a PIF company, has announced the successful pricing of its third international issuance of sukuk with an aggregate value of $2.75 billion. It comprises two tranches - a $1.25 billion with a 5.5-year tenor and a $1.5 billion tranche with a 10-year tenor.
Deutsche Bank, the leading German bank with strong European roots and a global network, said it has been granted licence by the Ministry of Investment of Saudi Arabia (MISA) to set up its regional headquarters in Riyadh. This will be Deutsche Bank’s third legal entity in the kingdom.
Dubai maintained its strong economic performance in the first quarter of 2026, with the emirate's Gross Domestic Product (GDP) reaching AED232 billion ($63.17 billion), representing a 2.4% increase from the same period last year.
The world's leading economic and energy institutions have called for renewed efforts to resolve the conflict in the Middle East and reopen the Strait of Hormuz, warning that although the global economy has remained resilient, the war continues to pose risks to growth, inflation and global trade.
The UAE attracted $48.3 billion (AED177.3 billion) in inbound foreign direct investment (FDI) in 2025, marking a fourth consecutive year of record inflows and a 6% increase year-on-year.
Dubai Taxi Company (DTC), a leading provider of comprehensive mobility solutions in Dubai, today announced the completion of its acquisition of 100% of the share capital of National Taxi, following receipt of all required regulatory approvals.
Global foreign direct investment rose 6% to $1.6 trillion in 2025, ending two years of decline, but the recovery remains narrow, fragile and uneven, according to the World Investment Report 2026 by UN Trade and Development (UNCTAD).
Bank ABC, MENA’s leading international bank, has been awarded ‘Best Mobile Banking Application in the Middle East’ at the MENA Banking Excellence Awards 2026, organised by MEED.
