Saudi Arabia has made significant progress in expanding access to SME finance, with outstanding SME credit reaching approximately SAR467.7 billion ($124.5 billion) at the end of 2025, representing approximately 33% year-on-year growth. Despite that expansion, says a new report.
Bahrain Bourse (BHB), a licensed exchange regulated by the Central Bank of Bahrain, will take part as a Platinum Sponsor of Fintech Forward 2026 (FF26), taking place on October 7 and 8 in Bahrain.
Sukoon Insurance, in partnership with CME Capital Insurance Consultancies (CMECIC), has announced the expansion of its credit insurance solutions.
HarbourVest Partners, a global private markets investment specialist, has appointed Bobin Thomas as Principal, Institutional and Family Office Coverage, and Anis Tazi as Private Wealth Lead for the Middle East.
Emirates Central Cooling Systems Corporation PJSC (Empower) will distribute interim cash dividends of AED437.5 million ($119.13 million) to shareholders for the first half of 2026.
Remittances from Egyptians working abroad increased by 28.1% to $29.7 billion during the first seven months of 2026 compared to $23.2 billion for the same period last year.
The Qatar Investment Authority is targeting a $20 billion partnership with JPMorgan Chase & Co, people familiar with the matter said, months after the wealth fund inked a similar agreement with Goldman Sachs Group.
Kamco Invest, a regional non-banking financial powerhouse in Kuwait, has announced that it has received the go-ahead from the board of directors to change its name to Burgan Capital Investment Company. The final decision will however be taken at the General Assembly by the shareholders.
The future of artificial intelligence in financial services, investment decision-making and institutional governance was highlighted at Money20/20 Middle East.
Estithmar Holding has announced the completion of the transfer of a 48.68% stake in Shahba Bank to Masaref Holding, subsidiary of Estithmar Capital, Estithmar Holding’s financial services and investments arm.
