Goldman Sachs has announced the official opening of its new office and regional headquarters within the King Abdullah Financial District (KAFD) in Riyadh. The new office reflects the firm’s ongoing commitment to Saudi Arabia.
American Express has announced the return of its Shop Small campaigns in Bahrain and Qatar in time for the holiday season. Under this, its members in Bahrain will receive BD2 on spending BD5 at participating shops and in Qatar, they will get QR2 on spending QR5 or more.
Abu Dhabi has launched the FinTech, Insurance, Digital and Alternative Assets (FIDA) cluster to expand the emirate’s role as a global capital hub. By 2045, FIDA is projected to contribute an additional $15.2 billion to the emirate's direct GDP.
BlackRock has announced that it has signed strategic agreements with IHC Group entities - Finstreet Limited and ADI Foundation - to explore initiatives on the development of tokenised markets and next-generation financial architecture.
The Central Bank of Bahrain (CBB) has announced its decision to cut the overnight deposit interest rate by 25 basis points from 4.5% to 4%, reported BNA. The comes as part of CBB’s measures to maintain monetary and financial stability in the kingdom in light of developments in international financial markets.
Abu Dhabi Commercial Bank (ADCB) on Wednesday announced the successful completion of its AED6.1 billion ($1.66 billion) rights issue, following the close of the subscription period on December 4, 2025.
Nasdaq Dubai has welcomed New Development Bank’s (NDB) $50 billion Euro Medium Term Note (EMTN) Programme to its exchange.
Abu Dhabi-based Mubadala Capital is set for collaboration with KAIO, a key provider of institutional onchain infrastructure for RWAs, to explore tokenised access to its private market investment strategies for qualified institutional investors.
Global trade is on course to exceed $35 trillion in 2025 for the first time, even as geopolitical tensions, higher costs and uneven global demand slowed momentum, according to a report by UN Trade and Development (UNCTAD).
The Abu Dhabi Family Business Council (ADFBC), an affiliate of the Abu Dhabi Chamber of Commerce and Industry, has signed a cooperation agreement with the Family Business Council Gulf (FBCG), a non-profit organisation dedicated to supporting the sustainability and long-term success of family businesses across the Gulf Cooperation Council.
