The Central Bank of Bahrain (CBB) and the Central Bank of the United Arab Emirates (CBUAE) have announced the establishment of a currency swap agreement between the Bahraini Dinar (BHD) and the UAE Dirham (AED) during a virtual signing ceremony.
Al Mal Capital , a UAE based investment management and financial advisory firm, licensed by the Capital Markets Authority (CMA) has appointed Sanjay Vig as the Chief Executive Officer.
Emirates NBD, a leading banking group in the region, has announced a strategic partnership with leading global luxury real-estate brand Sobha Realty to provide integrated home financing solutions for buyers of the premium luxury developer’s off-plan residential developments across Dubai.
Saudi Arabia’s Ministry of Commerce said more than 71,000 commercial registrations were issued during the first quarter of 2026, thus bringing the total number of active registrations in the kingdom to more than 1.89 million.
Dubai Investments has signed a memorandum of understanding (MoU) with Dubai Community Contributions Establishment - JOOD, an official Dubai based contribution entity established to enable and organise community contributions in line with the Dubai Social Agenda 33.
Kuwait-based budget carrier Jazeera Airways said its board has decided to defer a dividend decision for FY 2025, citing uncertainty linked to the Middle East conflict. The move is intended to provide greater clarity on evolving conditions, including the timeline for operational normalisation in the country.
A ministerial committee will assess the economic impact of the hostile Iranian aggression on Bahrain, implementing appropriate measures to support national employment and economic growth.
Abu Dhabi Islamic Bank (ADIB), a leading Islamic financial institution, has mobilised and facilitated AED20.3 billion ($5.53 billion) in sustainable finance by the end of 2025, marking a strong year of execution and reinforcing its commitment to deploy AED60 billion in sustainable finance by 2030.
Paramount Skydance is in talks to secure equity commitments of almost $24 billion from three sovereign wealth funds led by Saudi Arabia to back its takeover of Warner Bros Discovery, the Wall Street Journal has reported.
Bank Nizwa, a key Islamic bank in Oman, has announced the appointment of Tariq Atiq as its Acting CEO. This leadership transition reflects the bank's forward-looking strategy and underscores its confidence in a seamless succession that upholds institutional stability and ensures continuity.
