Finance & Capital Market

Finance & Capital Market

Dubai approves $408bn new package of incentives to businesses

Thu, 21 May 2026

Dubai has approved a second package of economic incentives valued at AED1.5 billion ($408.44 billion). The package spans a range of sectors, including government fees and services, tourism, trade and logistics, real estate, construction, education, and arts and cultural activities.

Finance & Capital Market

Gordian Capital secures DFSA approval to establish presence at DIFC

Wed, 20 May 2026

Global investor services group IQ-EQ today announced that its subsidiary Gordian Capital (Gordian) has achieved regulatory approval to expand its institutional cross-border fund platform and fund solutions offering into Dubai from its new office at Dubai International Financial Centre (DIFC).

Finance & Capital Market

NBB Group CEO in Economy Middle East Top 30 list

Tue, 19 May 2026

The National Bank of Bahrain (NBB) has announced that its Group Chief Executive Officer Usman Ahmed, has been named among Economy Middle East’s list of 30 Leading Voices in Middle East Banking & Finance, which recognises senior executives shaping the direction of the region’s financial services sector.

Finance & Capital Market

Oman Investment Authority records $7.8bn annual profits

Tue, 19 May 2026

Oman Investment Authority, the sultanate’s sovereign wealth fund, has reported its strongest annual performance to date, recording approximately $7.8 billion in profits and a 14.6% return on investment in 2025, placing it among the world’s top-performing sovereign investors.

Finance & Capital Market

Global water tech firm Gradiant hits $2bn valuation in Series E funding

Mon, 18 May 2026

Gradiant, a leader in advanced wastewater solutions, said it had raised a Series E funding round valuing the firm at $2 billion, amid rapid growth in AI infrastructure, semiconductor manufacturing. The new investment supports strategic merger and acquisition, next-generation research as well as IPO readiness.

Finance & Capital Market

SAB Invest becomes first market maker for ETFs on Saudi Exchange

Mon, 18 May 2026

SAB Invest, the investment arm of Saudi Awwal Bank (SAB), has announced its official registration by the Saudi Exchange (Tadawul) as the first ETF market maker in the Kingdom.

Finance & Capital Market

American Express Middle East partners with Beyon Al Dana Amphitheatre

Sun, 17 May 2026

American Express Middle East has announced a new partnership with Beyon Al Dana Amphitheatre, in Sakhir, Bahrain, offering its card members a range of exclusive benefits and on-site activations designed to enhance the event experience at selected performances.

Finance & Capital Market

Emirates NBD receives all approvals for landmark $3bn RBL stake acquisition

Sat, 16 May 2026

Emirates NBD, a leading banking group, has announced that it has received all requisite approvals for its landmark acquisition of a majority controlling stake in India’s RBL Bank Limited (RBL) with the approval of the Government of India for the deal.

Finance & Capital Market

GFH Bank's net profit up 16.5pc in Q1

Fri, 15 May 2026

GFH Bank, a leading dynamic bank in the GCC region, has reported a 16.5% growth in its net profit for the first quarter which rose to $35.1 million supported by growth across its core business lines despite the regional developments and heightened market uncertainty.

Finance & Capital Market

UAE, India sign strategic energy, defence, investment deals

Fri, 15 May 2026

India and the UAE have signed seven agreements spanning energy, defence, infrastructure and shipping during Prime Minister Narendra Modi’s brief visit to UAE, the first stop of his five‑nation tour. Giving fresh impetus to the Comprehensive Strategic Partnership, the UAE has announced $5 billion investments in India.