Finance & Capital Market

Finance & Capital Market

Bahrain's CBB keeps overnight interest rate unchanged at 4.25%

Wed, 17 Jun 2026

The Central Bank of Bahrain (CBB) has announced its decision to maintain the overnight deposit interest rate unchanged at 4.25%. This comes following a review by CBB to maintain the kingdom's monetary and financial stability in the light of global financial market developments.

Finance & Capital Market

GCC investment-grade spreads back at pre-war levels: Fitch

Wed, 17 Jun 2026

GCC fixed-income yields are benefitting from a decline in geopolitical risk premiums following the US-Iran deal, according to Fitch Ratings. This is reflected in yield spreads between GCC investment-grade debt and US Treasury bonds having returned to pre-war levels.

Finance & Capital Market

UAE debuts IPO-style sovereign retail sukuk scheme

Wed, 17 Jun 2026

The UAE has announced the launch of its first sovereign retail sukuk programme, offering individual investors access to government-backed Islamic investment instruments through a public subscription process. The sukuk will be offered through an IPO-style subscription framework.

Finance & Capital Market

NBB plays key role as Joint Lead Manager in Bahrain’s $1bn sovereign bond issue

Wed, 17 Jun 2026

National Bank of Bahrain (NBB) acted as Joint Lead Manager and Bookrunner in Bahrain’s successful $1 billion 10-year international bond issuance.

Finance & Capital Market

GCC economies forecast to grow 8.1% in 2027

Wed, 17 Jun 2026

The GDP of GCC states is forecast to grow by 8.1% in 2027 as energy trade routes normalise, travel demand returns, and business confidence rebuilds, says a report.

Finance & Capital Market

Digital native, AI driven challenger banks redefining banking models says DIFC report

Wed, 17 Jun 2026

Resilience, rather than size or legacy, will define long-term success for banks navigating disruption and digital native challenger banks, says a new report by Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East.

Finance & Capital Market

Bahrain powers into Mena’s Top 5 startup ecosystems

Wed, 17 Jun 2026

Bahrain has achieved solid rankings across several key indicators in the Global Startup Ecosystem Report 2026, with its startup ecosystem generating $1.6 billion in value, thanks to its agile startup ecosystem, which enables entrepreneurs to develop and test their ideas within a supportive environment.

Finance & Capital Market

$300bn private fund for Iran, over half already pledged says report

Wed, 17 Jun 2026

The proposed $300 billion fund being discussed as part of the US-Iran interim peace agreement is intended to serve as a private investment vehicle to help drive economic development and reconstruction in Iran, according to a Reuters report.

Finance & Capital Market

UAE VAT and excise tax collection jumps 15% in 2025 to $12.53bn

Tue, 16 Jun 2026

The UAE Ministry of Finance (MoF) announced that the total revenues collected from Value Added Tax (VAT) and Excise Tax and distributed to the federal and local governments exceeded AED46 billion ($12.53 billion) in 2025, up from approximately AED41 billion in 2024, reflecting a year-on-year increase of 15%.

Finance & Capital Market

Mubadala takes $200m stake in Greenlink JV

Tue, 16 Jun 2026

Mubadala Investment Company, an Abu Dhabi sovereign investor, has acquired $200 million worth of Equitix’s stake in Greenlink, a joint venture between Equitix and Baltic Cable which operates a 504 MW subsea electricity interconnector linking Great Britain with Ireland.