Persistent payment delays and rising default concerns are putting increasing pressure on liquidity and cash flow management in the UAE, says the latest Atradius Payment Practices Barometer.
National Bank of Bahrain (NBB) has reported a net profit attributable to shareholders of BD22.5 million ($59.7 million) for the second quarter ended 30 June 2026, representing a record second quarter profit and 16% increase from BD19.4 million ($51.5 million) reported in the second quarter of 2025.
Dubai Investments has reported a 28% increase in the net profit attributable to shareholders for the first half which soared to AED642.4 million ($175 million) driven by strong performance across the Group's core business segments led by real estate and manufacturing sectors.
Mastercard today announced that Yasemin Bedir has been appointed President of the company’s Eastern Europe, Middle East and Africa (EEMEA) region, effective September 1.
Infinite Business Solutions (IBS) is strengthening its position as a major digital transformation and FinTech provider in the Middle East, operating more than 1,500 self-service kiosks and 25,000 Point-of-Sale (POS) terminals across the region, with Saudi Arabia serving as its largest market.
Emirates NBD has sealed a strategic partnership with Dubai Future District Fund, a AED1 billion evergreen venture capital fund anchored by Dubai International Financial Centre and Dubai Future Foundation, to drive FinTech and AI innovation and enhance customer experiences.
Inward Foreign Direct Investment (FDI) in Qatar rose 3.3% by the end of Q1 2026 compared with Q4 2025, reaching QAR172.2 billion ($47.24 billion), according to results of the FDI Survey released Sunday by National Planning Council (NPC).
Bahrain Chamber's board has appointed Dr Shaima Abdulla Juma, the director of its Legal Affairs Department, as its Acting CEO. This was mainly to ensure administrative and executive compliance and oversee daily operational continuity as well as support Bahrain's private sector initiatives.
HSBC Private Bank has confirmed the appointment of Feras Al Jarmani to lead its UAE Market, taking on overall responsibility for the bank’s private banking business across the country.
The UAE Ministry of Finance has extended the period during which Small Business Relief may be claimed to tax periods ending on or before 31st December 2029.
