Leading UK-based credit asset manager Channel Capital Advisors has announced the acquisition of a minority interest of Magellan’s position in the SME funding programme of top regional SME funding platform Beehive, mainly focused on Emirati SMEs.
Dubai ranked first globally, ahead of London, Singapore, Riyadh and Bengaluru among 233 cities, for the number of new foreign direct investment (FDI) projects in the cultural and creative sectors for a fourth consecutive year in 2025, attracting 754 projects, said a report.
The Board of Directors of Abu Dhabi Islamic Bank (ADIB), a leading Islamic financial institution, has approved a proposal to raise AED1.75 billion ($476.46 million) through a rights issue, subject to obtaining the necessary shareholder and regulatory approvals, including approval from the Central Bank of the UAE.
Qatar Financial Centre (QFC) closed the first half (H1) of 2026 with a 37 percent rise in firm registrations from the same period in 2025, underscoring the strength of its strategy and the appeal of Qatar's business environment to investors and entrepreneurs alike.
The United States has threatened to impose damaging secondary sanctions on countries, financial institutions and companies that continue to provide economic lifelines to Iran, opening a potentially far-reaching new front in Washington’s campaign to isolate Tehran as the war approaches its six-month mark.
The Asian Development Bank (ADB) has launched a key initiative - Financing Investments and Eradicating Land Degradation and Desertification (FIELD) - that aims to attract $2 billion by 2035 for investment in programmes that restore lands and boost drought resilience across APAC.
Al Salam Bank was appointed as joint lead manager and bookrunner on Saudi Real Estate Refinance Company’s (SRC) $2.75 billion dual-tranche international sukuk issuance. The issuance, backed by Saudi PIF ranks as the largest US dollar-denominated GCC Sukuk of 2026.
The United States is set to unleash what Treasury Secretary Scott Bessent has described as an “economic D-Day” against Iran, threatening to sever the country’s remaining financial and commercial lifelines.
Oman's public revenues recorded a 13 % increase by the end of the second quarter of 2026, reaching approximately OMR6.602 billion ($17.17 billion), compared to approximately OMR5.839 billion during the corresponding period of the previous year.
Bahrain Mumtalakat Holding Company, the sovereign wealth fund of the Kingdom of Bahrain, has appointed Noora Abdulrahman Jamsheer as Chief Executive Officer of Synergy Shared Services Company.
