Tecom Group, a key developer of strategic business districts in Dubai, has announced that its board has won approval to distribute aggregate cash dividends worth AED880 million ($229 million) to its shareholders for FY2025. It will be paid in two equal instalments (this August and April next year) as per the updated dividend policy.
First Abu Dhabi Bank (FAB) shareholders approved the distribution of AED8.84 billion ($2.41 billion in cash dividends for the financial year ended 31 December 2025, at the bank's Annual General Meeting (AGM) held on Wednesday virtually.
The Dubai Stockbrokers & Investment Services Group (DSIG) has unveiled the Responsible Investor Initiative (RII), which binds leading stockbrokers and financial executives to the RII Charter, a rigorous code of conduct.
Saudi-based Shalfa Facilities Management Company has sealed a sharia-compliant credit facilities agreement with Saudi Awwal Bank for its operational activities and to fund its future projects. The funding will also be used for issuing bid bonds, letters of credit and project progress payment finance.
Estithmar Holding, a leading Qatari public listed company with a diverse portfolio of over 100 companies, has reported a 54% increase in revenue to QAR6.4 billion ($1.75 billion) in 2025, compared with QAR4.2 billion in 2024.
Iran’s attacks on GCC countries, and the resulting closure of airspace and main shipping route, are unlikely to affect the existing ratings of state-owned companies in the region. This reflects the strong likelihood that the governments will support their key operating companies, according to Fitch Ratings.
Free Zones Authority of Ajman has recorded exceptional financial and operational results in 2025, achieving a major surge in the number of registered companies compared to 2024. Revenues also rose by 17% due to the growth in the number of investors, while occupancy rates reached 95%.
Saudi-based International Islamic Trade Finance Corporation (ITFC), a member of the Islamic Development Bank (IsDB) Group, signed a $1 billion framework agreement with Mauritania covering the 2026–2030 period to strengthen cooperation and support the country’s economic development priorities through strategic trade finance and capacity-building initiatives.
Oman Investment Bank has completed a $130 million minority investment in Uzum, Uzbekistan’s leading digital services ecosystem, by a consortium of investors led by sovereign entities of Oman.
The US dollar and Treasury yields could come under pressure as sentiment shifted after indications that the conflict in the Middle East could move toward a quicker resolution than previously expected. The expectations of a decrease in tensions triggered a pullback in oil prices, said an industry expert.
