More than 50 investible opportunities could turn capital flows into lucrative nature-positive business practices and contribute up to $10.1 trillion in annual business revenues and cost savings by 2030, according to a new World Economic Forum report launched today.
Ithmaar Bank, a Bahrain-based Islamic retail bank, has announced plans to expand its branch network in Bahrain.
SICO Capital, a leading provider of asset management, brokerage, and investment banking services in Riyadh and licensed by the Saudi Capital Market Authority, has appointed Ziad Malak as Head of Investment Banking.
Saudi-based Dar Al Majed Real Estate Company has announced that it has expanded its credit facilities with Banque Saudi Fransi (BSF) to SAR684.5 million ($182.2 million) from SAR550 million ($146.4 million). This funding will be mainly used for Dar Al Majed’s expansion plans as well as development of its real estate projects.
The UAE continues to strengthen its position as one of the world’s leading centres in the financial technology (FinTech) sector led by its two main hubs - Dubai International Financial Centre (DIFC) and Abu Dhabi Global Market (ADGM) - and its market is poised to hit $5.71 billion by 2029, said a report.
Standard Chartered Bahrain has confirmed that its operations across the Kingdom remain fully functional and continue to run at full capacity.
The Arab Energy Fund, a leading multilateral impact financial institution, achieved its fourth consecutive year of record net income in 2025, supported by sustained balance sheet growth, strong funding activity, disciplined cost management, and continued portfolio optimisation across business lines.
Financial institutions in Bahrain continue to demonstrate a high level of readiness and adaptability amid recent regional developments with the financial sector remaining fully operational, maintaining its essential role in serving customers and supporting economic activity.
Standard Chartered said it is maintaining normal service under work-from-home arrangements in the Middle East.
The Central Bank of Bahrain (CBB) affirmed that the kingdom’s banking and financial sector continues to operate at the highest levels of readiness amid the current regional developments and the repercussions of the Iranian aggression taking place in the region.
