The UAE Ministry of Finance has launched its Strategic Plan 2027–2029, a new government framework designed to enhance the efficiency of public financial management and advance its policies and tools in line with the UAE’s ambitions for the next phase of development.
Citi has appointed Rajeev Garg as the new Head of Wealth for Citibank N.A., UAE, effective June 18, 2026.
HSBC has launched HSBC TradeCash in the UAE, becoming the first market for HSBC in the region where the solution is available.
Emirates NBD Bank and RBL Bank Limited today announced the successful completion of Emirates NBD’s acquisition of a majority stake in RBL Bank through a primary infusion of approximately $2.75 billion (~INR 260 billion).
SICO Capital, a wholly owned subsidiary of SICO BSC (c), a leading regional asset manager, broker, and investment bank with direct presence in Bahrain, Saudi Arabia, and the UAE, has launched the SICO GCC Dividends Fund.
Gulf Partners Group, a management-led GCC private markets firm based in Bahrain, together with Payward, the unified infrastructure platform and parent company of both NinjaTrader and digital asset platform Kraken, has announced the closing of a $100 million senior secured private credit facility for US-based NinjaTrader Group Holding.
The Central Bank of Bahrain (CBB) has announced its decision to maintain the overnight deposit interest rate unchanged at 4.25%. This comes following a review by CBB to maintain the kingdom's monetary and financial stability in the light of global financial market developments.
GCC fixed-income yields are benefitting from a decline in geopolitical risk premiums following the US-Iran deal, according to Fitch Ratings. This is reflected in yield spreads between GCC investment-grade debt and US Treasury bonds having returned to pre-war levels.
The UAE has announced the launch of its first sovereign retail sukuk programme, offering individual investors access to government-backed Islamic investment instruments through a public subscription process. The sukuk will be offered through an IPO-style subscription framework.
National Bank of Bahrain (NBB) acted as Joint Lead Manager and Bookrunner in Bahrain’s successful $1 billion 10-year international bond issuance.
