Aldar Properties has issued a $1.0 billion in subordinated hybrid notes to Apollo Global Management through a private placement, raising additional capital to support its strong growth momentum.
The United Arab Emirates' gross domestic product (GDP) expanded 5.1 percent year-on-year in the first nine months of 2025, reaching approximately AED1.4 trillion ($381 billion), Minister of Economy and Tourism Abdulla bin Touq Al Marri said on Friday.
The UAE has announced a further $1.2 billion for supporting Gaza through the Board of Peace.
It will be another year of robust economic growth in the Middle East in 2026 despite lower oil prices, according to top ratings agency Fitch. The median growth among the Gulf countries as well as Egypt, Iraq, Israel and Jordan will be at 4%, up from 3.4% last year.
Emirates NBD, a leading banking group in the Middle East, North Africa and Türkiye (MENAT) region, has launched Emirates NBD-branded silver bars, expanding its precious metals portfolio in response to growing customer demand for diversified and non-correlated investment options.
Bahrain has seen a significant growth in online payments processed through the Electronic Funds Transfer System (EFTS) across all channels, including banking platforms and the BenefitPay app, said BENEFIT, Bahrain’s leading fintech and electronic financial transactions service provider.
National Bank of Bahrain (NBB) has reported a 4% increase in its net profit attributable to the shareholders for the year ended 31 December 2025, reaching a record BD85.1 million ($225.7 million). The fourth quarter net profit was up 12% to BD18.2 million.
Indian-owned businesses continued to top the list of new foreign companies joining the chamber during 2025, revealed a new analysis by Dubai Chamber of Commerce, one of the three chambers operating under the umbrella of Dubai Chambers.
Bank ABC (Arab Banking Corporation) has appointed Abdelkhalig Shaib as Group Chief Legal & Corporate Affairs Officer.
Nasdaq Dubai attracted a record number of sukuk listings in 2025, supported by sustained issuance activity from regional and international issuers and continued global investor demand for Sharia-compliant debt instruments.
