Finance & Capital Market

Finance & Capital Market

Investcorp unit launches Mena’s first CAR-T stem cell centre

Thu, 26 Feb 2026

Investcorp, a leading global alternative investment firm, has announced that one of its portfolio companies has partnered with Florence Nightingale Hospital Group in Turkey to set up the region's first dedicated CAR-T stem cell therapy centre for treatment of severe leukemia, including pediatric cases.

Finance & Capital Market

DAE strikes deal to acquire Macquarie AirFinance for $7bn

Thu, 26 Feb 2026

Dubai Aerospace Enterprise (DAE) has signed an agreement to acquire 100% of Macquarie AirFinance for an enterprise value of $7 billion. The combined company will have a pro forma fleet of 1,029 owned, managed and committed aircraft and will serve 191 airline customers in 79 countries.

Finance & Capital Market

Emirates NBD provides green finance to Arabian Gulf Steel Industries

Thu, 26 Feb 2026

Emirates NBD, a leading banking group in the Middle East, North Africa and Türkiye (MENAT) region, has successfully structured and completed a green facility for Arabian Gulf Steel Industries (AGSI).

Finance & Capital Market

Emirates NBD structures green facility for Arabian Gulf Steel Industries

Thu, 26 Feb 2026

Emirates NBD, a leading banking group in the region, said it has successfully structured and completed a green facility for Arabian Gulf Steel Industries (AGSI), a leading private sector recycler in the UAE. AGSI will use the facility to boost its low-carbon steel production capacity.

Finance & Capital Market

IMF allows Egypt to access $2.3bn new financing

Thu, 26 Feb 2026

The International Monetary Fund has paved the way for about $2.3 billion in fresh financing for Egypt following the completion of the fifth and sixth reviews of Egypt’s economic reform programme and the first review under its Resilience and Sustainability Facility.

Finance & Capital Market

Qatar's inward FDI rises 7% to $43bn; outward FDI tops $55.9bn

Thu, 26 Feb 2026

Qatar's inward Foreign Direct Investment (FDI) increased 7% at the end of Q3 2025 compared to Q2 2025, reaching approximately QAR157 billion ($43.26 billion).

Finance & Capital Market

BENEFIT advances cashless push with new digital debit launch

Thu, 26 Feb 2026

BENEFIT, the Kingdom’s innovator and leading company in Fintech and electronic financial transactions service, has announced the launch of a Digital Direct Debit service through its BenefitPay app, thus expanding the kingdom’s push toward cashless payments.

Finance & Capital Market

GCC-India launch free trade negotiations

Wed, 25 Feb 2026

The Gulf Cooperation Council (GCC) and India have launched trade agreement negotiations, marking a new phase in the strategic partnership.

Finance & Capital Market

Kuwait's sovereign wealth fund assets exceed $1 trillion

Wed, 25 Feb 2026

Kuwait marks its 65th National Day today (on February 25), highlighting a year of strong financial performance underpinned by sovereign wealth fund assets exceeding $1 trillion, according to a regional statistical report.

Finance & Capital Market

Emirates Islamic, EDGE Group sign Islamic financing deal

Tue, 24 Feb 2026

Emirates Islamic, one of the leading Islamic financial institutions in the UAE, has announced a landmark partnership with EDGE Group, one of the world’s leading advanced technology and defence groups.