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.
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).
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.
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.
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.
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.
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.
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.
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.
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.
