Saudi Arabia was the region's largest dividend payer, distributing an estimated $24.5 billion during the first quarter and accounting for almost 84% of all Middle East dividends, according to a new report.
Emirates NBD delivered a record financial performance in the first half of 2026, generating AED16.2 billion ($4.41 billion) profit before tax, up 5% year-on-year, fuelled by a 13% increase in net interest income and an impressive 25% growth in non-funded income.
More than half of people getting financial advice will accept AI playing a role in their financial planning, but only if a human being still makes the final decision, according to new research from deVere Group, one of the world’s largest independent financial advisory organisations.
The Global Trading Show, to be held on December 15 and 16 at Emirates Palace, Abu Dhabi, will bring together the full spectrum of the trading world, including the most influential 5,000+ market movers together.
Corporate profitability across the Gulf Cooperation Council (GCC) is expected to come under pressure through the end of 2026 as the prolonged Middle East conflict drives up logistics costs, weakens business confidence and delays investment, according to a new report by S&P Global Ratings.
Kuwait International Bank (KIB), through its Islamic investment arm KIB Invest, participated as a Joint Lead Manager in the pricing of the third issuance of international sukuk for the Saudi Real Estate Refinance Company (SRC), with a total value of $2.75 billion.
The Dubai International Financial Centre (DIFC) will host the third edition of the Future Sustainability Forum (FSF) on November 3, bringing together global business leaders, investors and policymakers to discuss the role of sustainable finance in driving the transition to a low-carbon economy.
Growth of Islamic banking assets in Bahrain has generally averaged about 9%-10% over the last five years, which is faster than that of conventional retail assets, which averaged 5%-6% over the same period, says an S&P Global Ratings report.
stc pay Bahrain, a mobile wallet for digital financial transactions, has expanded its services to enable Saudi nationals visiting Bahrain to register and use its digital wallet.
Al Ansari Financial Services, a leading financial institution in the GCC, has strengthened its regional cross-border payments platform through new partnerships between its subsidiaries, Bahrain Financing Company (BFC) in Bahrain and Bahrain Exchange Company (BEC) in Kuwait with Western Union.
