Finance & Capital Market

Finance & Capital Market

ADIB posts record net profit before tax of $2.2bn in 2025, up 18%

Wed, 21 Jan 2026

Abu Dhabi Islamic Bank (ADIB) has reported another year of exceptional financial performance, delivering record earnings in 2025 on the back of strong balance sheet expansion, rising business momentum and sustained customer acquisition across key segments.

Finance & Capital Market

Burgan Bank hires 200 new staff; 94.29% of them Kuwaitis

Wed, 21 Jan 2026

Reinforcing its commitment to developing local talent and supporting Kuwait’s national workforce priorities, Burgan Bank has hired 200 new employees in 2025, with Kuwaitis representing 94.29% of all new joiners.

Finance & Capital Market

GPG to act as management-led private markets investment firm

Wed, 21 Jan 2026

Bahrain-headquartered Gulf Partners Group (GPG) will operate as a management-led investment firm anchored by Arzan Financial Group (AFG), one of the region’s leading financial institutions and publicly listed on Boursa Kuwait.

Finance & Capital Market

Era of the ‘linear career’ in finance is over, says new report

Wed, 21 Jan 2026

By 2035 how, when and where finance professionals work, as well as the nature of the work itself, will look very different, says a new survey by ACCA (the Association of Chartered Certified Accountants).

Finance & Capital Market

QNB Group becomes first bank in MEA region to top $10 billion in brand value

Wed, 21 Jan 2026

QNB Group, the largest financial institution in the Middle East and Africa (MEA), has become the first bank in the region to exceed a banking brand value of $10 billion, a major milestone driven by constant strong financial performance and robust sustained growth.

Finance & Capital Market

SICO Capital appoints new Head of Equities Asset Management

Tue, 20 Jan 2026

SICO Capital, a leading provider of asset management, brokerage, and investment banking services in Riyadh and licensed by the Saudi Capital Market Authority, has appointed Hashem Alsada as its new Head of Equities Asset Management, based in Riyadh.

Finance & Capital Market

Saleh Abdulaziz Al Rashed & Sons plans IPO

Tue, 20 Jan 2026

Saleh Abdulaziz Al Rashed & Sons Company (SAR), a key Saudi provider of integrated construction materials, mining, and industrial spare-parts solutions, has announced its intention to proceed with an initial public offering (IPO) and the listing of its ordinary shares on the Main Market of the Saudi Exchange.

Finance & Capital Market

Al Salam Bank marks 20 years of transformational growth

Tue, 20 Jan 2026

Al Salam Bank marks its 20th anniversary this year, commemorating its commendable journey through a year-long celebration that reflects the shared story it has built with its clients, employees, and the community.

Finance & Capital Market

Mideast states, banks stay resilient to US-Iran tensions: Report

Tue, 20 Jan 2026

The credit impact of a potential escalation between Iran and the US will remain contained, similar to June 2025 (targeted and limited in scale and duration), says S&P Global Ratings in a published report.

Finance & Capital Market

UAE, India set $200bn trade target as economic ties deepen

Tue, 20 Jan 2026

India and the United Arab Emirates have agreed to double their bilateral trade to $200 billion by 2032, underscoring the rapid expansion of economic ties under their Comprehensive Economic Partnership Agreement (CEPA).