The Pvt Dpt – LNG Fund (CEIC) IC, targeting $1.2 billion, has been launched in Abu Dhabi by the Private Department of Sheikh Mohammed bin Khalid Al Nahyan, together with its affiliate KSH Investments.
United Arab Bank (UAB) has posted a net profit of AED333 million ($90.7 million) for the first nine months (9M) of 2026, up 6% year-on-year.
Telr, a regulated regional payments provider with acquiring and payment capabilities across key Middle Eastern markets, has partnered with CreditPool to introduce Telr Multi-Card Payments.
Alpaca Clearing & Custody ME, has received in-principle approval (IPA) from the Financial Services Regulatory Authority (FSRA) of ADGM to expand its brokerage infrastructure in the UAE.
Bahrain-based Islamic retail bank Ithmaar has appointed Nada Kazerooni as the new head of Financial Institutions and Treasury. An industry veteran, Kazerooni brings over 25 years of banking and financial markets experience spanning Islamic banking, treasury and capital markets to her new role.
Dubai Customs processed 1.36 million applications for customs deposit refunds in the first half of 2026, up 3.6% from 1.31 million during the same period last year.
Emirates Islamic is offering eligible new-to-bank customers a waiver of relationship fees for a period of six months when they open an account under selected Business Banking packages.
The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC), a member of the Islamic Development Bank Group, has said that Moody’s Ratings has affirmed the corporation’s Aa3 Insurance Financial Strength Rating (IFSR) with a Stable Outlook.
Peace and Space are on the agenda of the Word Investment Forum (WIF) for the first time as over 5,000 participants, from heads of government and ministers to CEOs, sovereign wealth fund leaders, academics and civil society, meet in Doha from October 25 to 27.
The National Bank of Bahrain Group (NBB Group), comprising the NBB and Bahrain Islamic Bank (BisB), has announced the successful execution of Bahrain’s first sustainable collateralised Murabaha, valued at over $50 million. The funds raised through the arrangement will be allocated against the Group’s ESG Asset Portfolio.
