Finance & Capital Market

Finance & Capital Market

ADCB says its systems now stable after disruption during last four days

Mon, 06 Jul 2026

ADCB, a leading UAE-based bank, has confirmed that its systems have now been fully available and stable, without any deterioration or disruption for the past four days, with heavy load and record transaction volumes.

Finance & Capital Market

Techstars, Emirates NBD partner to drive AI, FinTech solutions in MENAT region

Mon, 06 Jul 2026

Emirates NBD, a leading banking group in the Middle East, North Africa, and Türkiye (MENAT) region, and Techstars, one of the world’s leading startup accelerators, have announced a partnership to drive AI and FinTech innovation in the region.

Finance & Capital Market

Arada launches new funds platform to target real estate opportunities

Mon, 06 Jul 2026

Global master developer Arada will launch Arada Capital, a new funds management platform to develop and manage institutional-grade investment opportunities across real estate asset classes in the Middle East and selected international markets.

Finance & Capital Market

Eskan Bank signs consultancy deal with Al A'ali Engineering for 72 homes in Bahrain

Mon, 06 Jul 2026

Eskan Bank (EB) has signed an agreement with Al A'ali Engineering Consultants to provide consultancy services for the delivery of 72 new residential units, comprising 40 units in Askar and 32 units in Hamad Town.

Finance & Capital Market

Industry experts call for stronger AI governance as enterprise adoption grows

Sun, 05 Jul 2026

Artificial intelligence has moved beyond experimentation to become a strategic operating layer for modern enterprises, but with that shift comes a new set of governance, cybersecurity and business risks, said industry experts at a key event hosted by the Indian Business & Professional Council (IBPC Dubai).

Finance & Capital Market

Saudi-funded $50m medical faculty opens in Sri Lanka

Sun, 05 Jul 2026

The Saudi Fund for Development has inaugurated a $50 million medical faculty at Sri Lanka's Sabaragamuwa University, the latest project under the Fund’s four-decade development partnership with the island nation. It includes a modern medical lab, para-clinical teaching facilities and a library.

Finance & Capital Market

India, Russia deepen economic ties as trade nears record $70bn

Sun, 05 Jul 2026

Bilateral trade between India and Russia has reached a record high of nearly $70 billion, driven primarily by Russian oil and fertilizers exports as well Indian pharma products, thus reflecting the growing scope of economic ties between the two countries, a senior Indian government official said.

Finance & Capital Market

SICO completes merger of fund services unit into bank

Sat, 04 Jul 2026

Bahrain-based investment bank SICO has announced the successful completion of the merger of its key subsidiary, SICO Funds Services Company, into the bank, thus marking the final phase of its strategic integration initiative designed to further boost its integrated operating model.

Finance & Capital Market

DDSC gets Central Bank nod for partnership with selected platforms

Sat, 04 Jul 2026

DDSC, the UAE dirham-backed stablecoin developed through the collaboration between IHC, First Abu Dhabi Bank (FAB) and Sirius International Holding, has received the go-ahead from the Central Bank of UAE to go live on key Virtual Assets Regulatory Authority (VARA)-regulated exchange platforms.

Finance & Capital Market

International investors deploy $5.3bn into Saudi private markets in 2025

Fri, 03 Jul 2026

Foreign private capital investment in Saudi Arabia's private markets reached SAR20 billion ($5.3 billion) in 2025, representing about 60% of total private capital investment in the Kingdom and marking a significant milestone in the continued expansion of Saudi Arabia's private capital ecosystem.