The equity markets in the Kingdom of Saudi Arabia and UAE led gains across Gulf in January, outperforming regional peers as strong earnings, economic momentum and policy support lifted investor sentiment. The Saudi equity index rose 8.5% for the month, the strongest performance in the Gulf, said a report.
Abu Dhabi’s Mubadala fund has won a €700 million ($825 million) in arbitration linked to the collapse of Austria's Signa property empire, a Reuters report quoted creditor protection group Creditreform as saying.
The Comprehensive Economic Partnership Agreement (CEPA) between the UAE and Vietnam has officially come into force, representing a significant expansion and strengthening in trade and investment relations between the two nations.
Network International (Network), a leading fintech company across the Middle East and Africa, has appointed Pinar Alpay as Group Chief Product and Marketing Officer.
Arab economies are expected to record a growth of 3.7 percent in the coming period, driven by increased oil production and the continued recovery of non-oil sectors, said Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF).
Non-oil trade between the UAE and Kuwait reached AED54.5 billion ($14.8 billion) in 2025, marking a year-on-year growth of 9.1 percent compared to 2024, said Dr Thani bin Ahmed Al Zeyoudi, the UAE Minister of Foreign Trade.
Bahrain's Electricity and Water Authority (EWA), in collaboration with BENEFIT, has announced the launch of a new bill payment service through the BenefitPay app. The new service offers customers a more streamlined and convenient way to manage and settle their utility bills.
India-based Vedanta Limited, a leading global producer of metals, oil & gas, power and technology as well as critical minerals, has reported solid third-quarter profit helped by higher production across key businesses, while its revenue climbed 19% to record $5.2 billion.
The total value of non-oil exports (national origin) from Bahrain surged by 5% to hit BD1.1 billion ($2.9 billion) in Q4 2025 when compared to the previous year's figure of BD1 billion ($2.75 billion). The Kingdom of Saudi Arabia topped the non-oil exports list followed by UAE and the US, said a report.
PwC Middle East has appointed Khaled Ahmed Bin Braik as Country Senior Partner for the United Arab Emirates, effective April 1, 2026, marking an important step in strengthening the firm’s leadership as it supports the country’s long-term growth and ambition.
