Finance & Capital Market

Finance & Capital Market

UAE-Vietnam CEPA deal enters into force; trade set to soar

Tue, 03 Feb 2026

The Comprehensive Economic Partnership Agreement (CEPA) between the UAE and Vietnam has officially come into force, representing a significant expansion and strengthening in trade and investment relations between the two nations.

Finance & Capital Market

Network appoints new group chief product and marketing officer

Tue, 03 Feb 2026

Network International (Network), a leading fintech company across the Middle East and Africa, has appointed Pinar Alpay as Group Chief Product and Marketing Officer.

Finance & Capital Market

Arab economies set for 3.7% growth, says IMF chief

Tue, 03 Feb 2026

Arab economies are expected to record a growth of 3.7 percent in the coming period, driven by increased oil production and the continued recovery of non-oil sectors, said Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF).

Finance & Capital Market

UAE-Kuwait non-oil trade hits $14.8bn in 2025, up 9.1%

Tue, 03 Feb 2026

Non-oil trade between the UAE and Kuwait reached AED54.5 billion ($14.8 billion) in 2025, marking a year-on-year growth of 9.1 percent compared to 2024, said Dr Thani bin Ahmed Al Zeyoudi, the UAE Minister of Foreign Trade.

Finance & Capital Market

EWA launches new bill payment service through BenefitPay

Mon, 02 Feb 2026

Bahrain's Electricity and Water Authority (EWA), in collaboration with BENEFIT, has announced the launch of a new bill payment service through the BenefitPay app. The new service offers customers a more streamlined and convenient way to manage and settle their utility bills.

Finance & Capital Market

Vedanta posts record Q3 profit on higher metal output; revenue hits $5.2bn

Mon, 02 Feb 2026

India-based Vedanta Limited, a leading global producer of metals, oil & gas, power and technology as well as critical minerals, has reported solid third-quarter profit helped by higher production across key businesses, while its revenue climbed 19% to record $5.2 billion.

Finance & Capital Market

Bahrain's non-oil exports of national origin hits $2.9bn in Q4 2025

Mon, 02 Feb 2026

The total value of non-oil exports (national origin) from Bahrain surged by 5% to hit BD1.1 billion ($2.9 billion) in Q4 2025 when compared to the previous year's figure of BD1 billion ($2.75 billion). The Kingdom of Saudi Arabia topped the non-oil exports list followed by UAE and the US, said a report.

Finance & Capital Market

PwC Middle East appoints new Country Senior Partner for UAE

Mon, 02 Feb 2026

PwC Middle East has appointed Khaled Ahmed Bin Braik as Country Senior Partner for the United Arab Emirates, effective April 1, 2026, marking an important step in strengthening the firm’s leadership as it supports the country’s long-term growth and ambition.

Finance & Capital Market

Mashreq posts 'exceptional' results; Net profit after tax hits $1.91bn

Mon, 02 Feb 2026

Mashreq, one of the leading financial institutions in the MENA region, has delivered exceptional results for the full year 2025, marked by transformational international expansion, record loan and deposit growth.

Finance & Capital Market

Saudi real GDP records 4.5% growth in 2025

Mon, 02 Feb 2026

Saudi Arabia's real gross domestic product (GDP) recorded an annual growth rate of 4.5% in 2025 compared to the previous year, while growth reached 4.9% in the fourth quarter (Q4) of 2025 compared to the same period in 2024.