The Global Trading Show, to be held on December 15 and 16 at Emirates Palace, Abu Dhabi, will bring together the full spectrum of the trading world, including the most influential 5,000+ market movers together.
Corporate profitability across the Gulf Cooperation Council (GCC) is expected to come under pressure through the end of 2026 as the prolonged Middle East conflict drives up logistics costs, weakens business confidence and delays investment, according to a new report by S&P Global Ratings.
Kuwait International Bank (KIB), through its Islamic investment arm KIB Invest, participated as a Joint Lead Manager in the pricing of the third issuance of international sukuk for the Saudi Real Estate Refinance Company (SRC), with a total value of $2.75 billion.
The Dubai International Financial Centre (DIFC) will host the third edition of the Future Sustainability Forum (FSF) on November 3, bringing together global business leaders, investors and policymakers to discuss the role of sustainable finance in driving the transition to a low-carbon economy.
Growth of Islamic banking assets in Bahrain has generally averaged about 9%-10% over the last five years, which is faster than that of conventional retail assets, which averaged 5%-6% over the same period, says an S&P Global Ratings report.
stc pay Bahrain, a mobile wallet for digital financial transactions, has expanded its services to enable Saudi nationals visiting Bahrain to register and use its digital wallet.
Al Ansari Financial Services, a leading financial institution in the GCC, has strengthened its regional cross-border payments platform through new partnerships between its subsidiaries, Bahrain Financing Company (BFC) in Bahrain and Bahrain Exchange Company (BEC) in Kuwait with Western Union.
Mubadala Capital (MC), through a special purpose vehicle controlled by MC, and Pierre et Vacances have entered into a Tender Offer Agreement which sets the terms and conditions of the proposed acquisition by MC of all of Pierre et Vacances outstanding securities through an all-cash voluntary tender offer.
National Bank of Bahrain (NBB) has been named Best Retail Bank in Bahrain by Euromoney Awards for Excellence, acknowledging its progress in delivering customer-centric and secure retail banking solutions in the Kingdom.
The UAE's non-oil foreign trade surged by 13% during the first half to hit nearly AED2 trillion ($527.5 billion), driven by a surge in exports, said a report. The country’s non-oil exports jumped 24% from a year to hit AED452.8 billion ($123.3 billion), accounting for 23.4% of total non-oil trade.
