Finance & Capital Market

Finance & Capital Market

Union Properties 9M revenue grows 58% to $220.42m

Wed, 04 Nov 2026

Union Properties has seen its nine-month (9M) revenue grow 58% to AED809.5 million ($220.42 million) backed by stronger operational performance, increased contributions from subsidiaries and continued execution across its business portfolio.

Finance & Capital Market

Al Majdiah reports $691.7m in 9M 2026 revenue

Wed, 04 Nov 2026

Dar Al Majed Real Estate Company (Al Majdiah), a leading Saudi real estate developer and community builder, Al Majdiah has posted a nine-month (9M) revenue growth of 16.1% to $691.7 million.

Finance & Capital Market

BKIC announces partnership with Array Innovation

Wed, 04 Nov 2026

Bahrain Kuwait Insurance Company (BKIC) has announced a partnership with Array Innovation during Gateway Gulf 2026 to advance its digital transformation, strengthen operational capabilities and enhance the experience of its customers and business partners.

Finance & Capital Market

DIP Holding sets final IPO price, eyes $529m from Dubai listing

Wed, 04 Nov 2026

DIP Holding, a subsidiary of Dubai Investments, has announced that it has set the final offer price for its IPO on Dubai Financial Market at AED1.12 per share, raising approximately AED1.9 billion ($529 million) following the successful completion of the bookbuilding and subscription process.

Finance & Capital Market

MUFG EMEA names Kohli as Regional Head of Markets Sales & Trading

Wed, 04 Nov 2026

MUFG EMEA has named Sandeep Kohli as Regional Head of Markets Sales & Trading, MUFG Securities EMEA plc (MUSE), subject to regulatory approval.

Finance & Capital Market

Brookfield, Lunate join forces to develop premium homes in GCC

Tue, 03 Nov 2026

Leading global investment firms Brookfield and Lunate have launched Alya, a new platform focused on premium build-to-sell residential developments across the GCC, combining the global investment firm's development expertise with Lunate's regional networks.

Finance & Capital Market

SITR launches shariah compliance platform for Islamic finance sector

Tue, 03 Nov 2026

SITR Compliance Technology, an early-stage Bahraini regulatory technology startup supported by the Bahrain Economic Development Board, has announced the launch of its operations in the kingdom. SITR is building shariah-compliance infrastructure for Islamic financial institutions.

Finance & Capital Market

KPMG to lead Kuwait Ports Authority’s new strategic plan

Tue, 03 Nov 2026

KPMG will lead the development of Kuwait Ports Authority’s new strategic plan under an agreement that also brings in Dutch group Haskoning Nederland BV and Dar Gulf Consult to provide engineering consultancy support to help boost the competitiveness and performance of Kuwait's commercial ports.

Finance & Capital Market

Alpha Dhabi nine-month net profit rises 23% to $3.49bn

Tue, 03 Nov 2026

Alpha Dhabi Holding, a global investment holding company headquartered in Abu Dhabi, has delivered a strong performance, with net profit of AED12.8 billion ($3.49 billion) and revenue of AED58.3 billion for the first nine months of 2026.

Finance & Capital Market

AI adoption accelerates across UAE financial sector

Tue, 03 Nov 2026

Artificial intelligence (AI) adoption is accelerating across the UAE's financial sector, with more than 70% of firms in the Dubai International Financial Centre (DIFC) using AI, even as Emirates NBD has allocated around 50% of its technology budget to AI initiatives.