Finance & Capital Market

Finance & Capital Market

National Bank of Bahrain posts $54.6m Q1 net profit

Thu, 14 May 2026

National Bank of Bahrain (NBB) has reported a net profit attributable to shareholders of BHD20.6 million ($54.6 million) for the first quarter ended March 31, 2026, representing a 27% decrease from BHD28.1 million ($74.5 million) reported in the first quarter of 2025 or a 2% increase from the normalised 2025 profit of BHD20.2 million ($53.6 million).

Finance & Capital Market

GFH reports Q1 net profit attributable to shareholders of $35.11m

Thu, 14 May 2026

GFH Bank (GFH) has announced a net profit attributable to shareholders of $35.11 million for the first quarter of 2026 compared to $30.14 million in the same period last year, an increase of 16.5%.

Finance & Capital Market

Dubai Holding Real Estate partners with Huspy to enhance home financing

Thu, 14 May 2026

Dubai Holding Real Estate has announced a strategic partnership with Huspy to provide customers of its brands - Nakheel, Meraas and Dubai Properties - with a more seamless and informed home financing experience.

Finance & Capital Market

OMLA Community Bank gets in-principle approval

Thu, 14 May 2026

Mint Gateway and Alternative Venture Capital, an affiliated company of Abu Dhabi Capital Group, have received In-Principle Approval from the Central Bank of the UAE to establish OMLA Community Bank, which will be headquartered in Umm Al Quwain with planned operations across the UAE.

Finance & Capital Market

GIP, L’IMAD, ADNOC, Temasek partnership eyes $30bn GCC infra investments

Thu, 14 May 2026

Global Infrastructure Partners (GIP), a part of BlackRock, will partner with L’IMAD, the Abu Dhabi National Oil Company (ADNOC) and Temasek, to launch an infrastructure investment partnership which will capitalise on the growing opportunities across the GCC and Central Asia.

Finance & Capital Market

Bank ABC reports $52m net profit attributable to shareholders in Q1

Wed, 13 May 2026

Bank ABC (Arab Banking Corporation) today delivered a resilient start to 2026, reporting a first quarter net profit attributable to the shareholders of the parent of $52 million.

Finance & Capital Market

Ithmaar Bank reports improved Q1 net profit attributable to shareholders

Wed, 13 May 2026

Ithmaar Bank, a Bahrain-based Islamic retail bank, has reported improved net profit attributable to equity holders for the first quarter of the year.

Finance & Capital Market

SICO appoints new Group Deputy CEO

Wed, 13 May 2026

SICO, a leading regional asset manager, broker, and investment bank with a direct presence in Bahrain, the UAE, and Saudi Arabia, has appointed Yousif Bucheeri as Group Deputy Chief Executive Officer for Sell Side business, effective May 13.

Finance & Capital Market

Dubai Taxi Company to acquire National Taxi for $394.8m

Wed, 13 May 2026

Dubai Taxi Company (DTC), a leading provider of comprehensive mobility solutions in Dubai, on Wednesday announced that it has entered into a Sales and Purchase Agreement (SPA) to acquire 100% of the share capital of National Taxi, one of the UAE’s established taxi operators with operations in Dubai, Abu Dhabi, and Al Ain for a total enterprise value of AED1.45 billion ($394.83 million).

Finance & Capital Market

Bank ABC appoints Paul Jennings as Group Chief Executive Officer

Tue, 12 May 2026

Bank ABC has appointed Paul Jennings as Group Chief Executive Officer, effective August 5, 2026, following the approval of its Board of Directors and the Central Bank of Bahrain.