Finance & Capital Market

Finance & Capital Market

SICO completes merger of fund services unit into bank

Sat, 04 Jul 2026

Bahrain-based investment bank SICO has announced the successful completion of the merger of its key subsidiary, SICO Funds Services Company, into the bank, thus marking the final phase of its strategic integration initiative designed to further boost its integrated operating model.

Finance & Capital Market

DDSC gets Central Bank nod for partnership with selected platforms

Sat, 04 Jul 2026

DDSC, the UAE dirham-backed stablecoin developed through the collaboration between IHC, First Abu Dhabi Bank (FAB) and Sirius International Holding, has received the go-ahead from the Central Bank of UAE to go live on key Virtual Assets Regulatory Authority (VARA)-regulated exchange platforms.

Finance & Capital Market

International investors deploy $5.3bn into Saudi private markets in 2025

Fri, 03 Jul 2026

Foreign private capital investment in Saudi Arabia's private markets reached SAR20 billion ($5.3 billion) in 2025, representing about 60% of total private capital investment in the Kingdom and marking a significant milestone in the continued expansion of Saudi Arabia's private capital ecosystem.

Finance & Capital Market

Lasting US–Iran ceasefire key to GCC banks’ continuing resilience: Fitch

Thu, 02 Jul 2026

The durability of the US–Iran ceasefire and prospects for a permanent de-escalation are central to whether Gulf Cooperation Council (GCC) banking systems remain resilient to the impacts of the conflict, Fitch Ratings says.

Finance & Capital Market

Dubai announces $4.9bn infrastructure development projects

Wed, 01 Jul 2026

Dubai has announced plans to develop several landmark projects at a total investment of AED18 billion ($4.9 billion), covering infrastructure, culture, trade, investment and urban development, as the emirate seeks to support long-term economic growth and improve quality of life, said a report.

Finance & Capital Market

Franklin Templeton expands Middle East presence with new Qatar office

Wed, 01 Jul 2026

Franklin Templeton is expanding its presence in the Middle East through the establishment of its Qatar entity, Franklin Templeton Investments QFC.

Finance & Capital Market

Qatar records $3.4bn FDI capex in 2025 across 373 projects

Wed, 01 Jul 2026

Qatar attracted $3.4 billion in FDI capital expenditure (capex) across 373 projects that generated 15,051 new jobs, according Invest Qatar’s 2025 Annual Report.

Finance & Capital Market

BlueFive Capital, Al Murjan complete deal to create global Islamic finance platform

Wed, 01 Jul 2026

BlueFive Capital has closed its acquisition of a substantial stake in Sidra Capital, a Saudi Arabia - based Shariah-compliant asset manager.

Finance & Capital Market

GCC becomes a provider of capital, infrastructure for global growth: report

Wed, 01 Jul 2026

In a world increasingly shaped by supply constraints, the GCC is shifting from a beneficiary of scarcity to a provider of the energy, capital, and infrastructure that underpin global growth, says a new BlackRock report.

Finance & Capital Market

IHC continues growth momentum through key investments, expansion in Q2

Wed, 01 Jul 2026

IHC, a global investment company focused on building dynamic value networks, continued to execute its strategy of disciplined investment, portfolio expansion and active value creation across its diversified portfolio of businesses in the second quarter of this year.