Finance & Capital Market

Finance & Capital Market

Burgan Bank moves closer to Bahrain rebrand after UGB shareholder vote

Sat, 12 Sep 2026

Kuwait's Burgan Bank said the shareholders of United Gulf Bank (UGB) have approved a proposal to change its trade name to Burgan Bank Bahrain, thus advancing the strategy to strengthen its core Kuwait business while building a more connected and differentiated regional banking proposition.

Finance & Capital Market

UAE to invest €40 billion in Germany's key economic sectors

Fri, 11 Sep 2026

The UAE has announced plans to invest €40 billion in Germany across a number of sectors that represent strategic and development priorities for both countries. These include industry, advanced technology, artificial intelligence, digital infrastructure and energy.

Finance & Capital Market

Binance Bahrain expands access to digital assets

Thu, 10 Sep 2026

Binance Bahrain, , a crypto-asset service provider, is expanding the ways eligible users can access crypto, with easier fiat access, familiar funding methods and a clearer onboarding journey.

Finance & Capital Market

Nasdaq Dubai welcomes New Development Bank's $1.75bn bond listing

Thu, 10 Sep 2026

Nasdaq Dubai has welcomed the listing of a $1.75 billion, three-year benchmark bond issued by New Development Bank (NDB). This brings the Shanghai-based bank’s total listed value on the exchange to $3.75 billion under its $50 billion Euro Medium Term Note (EMTN) Programme.

Finance & Capital Market

Volatility creates opportunities: ICAI

Thu, 10 Sep 2026

Volatility creates opportunity and it is the leadership’s ability to convert challenges into opportunities that makes a difference in people’s lives, officials told more than 500 accounting professionals.

Finance & Capital Market

Majid Al Futtaim delivers record H1 EBITDA of $680.74 million, up 11%

Thu, 10 Sep 2026

Majid Al Futtaim, a leading shopping malls, communities, retail, and leisure pioneer across the Middle East, Africa, and Central Asia, reported a record first-half EBITDA of AED2.5 billion ($680.74 million), a 11% increase year-on-year.

Finance & Capital Market

Alpha FMC expands presence across the GCC with new office in Riyadh

Wed, 09 Sep 2026

Alpha FMC, a leading global consultancy to the financial services industry, has expanded its presence across the Gulf Cooperation Council (GCC) with the opening of a new office in King Abdullah Financial District (KAFD), Riyadh, strengthening its regional footprint and providing a dedicated base for its growing team in the Kingdom.

Finance & Capital Market

Sico’s Khaleej Equity Fund pays out $3.78m dividend

Wed, 09 Sep 2026

Sico, a leading regional asset manager, broker and investment bank, has announced that its regional equity fund, the Khaleej Equity Fund (KEF), has distributed $3.78 million in dividends in 2026 to date.

Finance & Capital Market

Emirates NBD tops UAE banking rankings as FAB makes strongest gains: YouGov

Wed, 09 Sep 2026

Emirates NBD has retained its position as the UAE’s most-considered banking brand, while also leading customer recommendations, according to the 2026 UAE Bank Rankings released by YouGov.

Finance & Capital Market

97% UAE expats say living abroad brought financial freedom

Wed, 09 Sep 2026

Some 97% of UAE expats believe living abroad has accelerated their financial freedom and 98% thinking it will enable them to retire earlier. This is according to a new report by St. James's Place Middle East.