Varenne Capital Partners, a Paris-based research and process-driven global investment manager, has announced the opening of its new office in Dubai International Financial Centre (DIFC), thus marking a new chapter in the emirates after successfully developing its business across Europe.
The AI technology is largely ready, but organisations now face the challenge of closing the gap between AI adoption and effective implementation, said an expert. Falling behind on AI implementation is costing clients and talent with a new research warning of $143 billion at risk in US.
Burjeel Holdings, a leading super-specialty healthcare services provider in the GCC, has announced that it has received first-time corporate credit ratings from S&P Global Ratings and Moody’s Ratings, alongside the establishment of a $1.5 billion senior unsecured sukuk programme.
Standard Chartered has announced its intention to explore the sale of its wealth and retail banking (WRB) business in the Kingdom of Bahrain, as it further sharpens focus on businesses and client segments. The bank will maintain its presence in Bahrain through corporate and investment banking franchise.
Periods of market transition often place greater emphasis on independent advice and disciplined decision-making and independent valuation and technical due diligence are increasingly important in complex restructuring, real estate, refinancing, and recovery situations, said a key industry expert.
Bahrain Bourse said it had recently celebrated the ‘Bahrain Capital Market Day 2026’ at the London Stock Exchange, reaffirming the kingdom's commitment to strengthening international investor engagement and advancing its capital market ecosystem.
Bank Nizwa has joined the initial public offering of Oman India Fertiliser Company as a collecting bank, further strengthening its position as key provider of Islamic banking solutions. One of the top five fertiliser producers in the GCC, it is offering 25% of its share capital through the IPO.
The International Islamic Trade Finance Corporation (ITFC), a member of the Islamic Development Bank Group, has revealed that it provided $9.35 billion in trade finance approvals in 2025.
The Dubai Gold and Commodities Exchange (DGCX) will launch its Gold Spot T+0 Contract on Monday June 22, introducing the first same-day physically settled spot gold product on a regulated exchange in the GCC and positioning Dubai among a limited number of international markets offering such functionality.
Al Ansari Financial Services (AAFS), a leading financial institution in the GCC, has reached a milestone of 1,000 UAE national employees across its businesses, reflecting one of the largest Emiratisation workforces in the UAE’s private sector.
