Finance & Capital Market

Finance & Capital Market

Gold demand flat as price momentum cools in Q2

Thu, 30 Jul 2026

Total gold demand during Q2 2026 was flat year-on-year at 1,269 tonnes, as the gold price eased from the record highs seen at the start of 2026, the World Gold Council’s Gold Demand Trends report revealed.

Finance & Capital Market

Investcorp Invests in Berger Financial Group

Thu, 30 Jul 2026

Investcorp, a leading global alternative investment firm, today announced that it has invested in Berger Financial Group, a leading full-service wealth management platform providing comprehensive financial advisory services to individual investors and retirement savers across the United States.

Finance & Capital Market

Saudi PIF anchors first close of $2bn Mideast-focused Brookfield fund

Thu, 30 Jul 2026

Saudi Arabia's sovereign wealth fund PIF has anchored the first close of Brookfield Middle East Partners, a new private equity fund focused on Saudi Arabia and the wider Middle East, helping raise about $2 billion alongside other institutional investors.

Finance & Capital Market

Binance Bahrain expands financial super app offering with bStocks launch

Thu, 30 Jul 2026

Binance, the global blockchain ecosystem behind the world’s largest cryptocurrency exchange by trading volume and registered users, has launched bStocks for eligible users in Binance Bahrain, marking another milestone in the company’s vision of becoming a comprehensive financial super app.

Finance & Capital Market

stc pay Bahrain partners with PayPal to launch cross-border fund transfers

Thu, 30 Jul 2026

stc pay Bahrain, Bahrain's most innovative and accessible mobile wallet for digital financial transactions, has partnered with PayPal, a global leader in digital payments, to launch seamless cross-border fund transfers, enabling customers to link their PayPal accounts directly to the stc pay app and move funds between both platforms.

Finance & Capital Market

Bahrain keeps overnight deposit interest rate unchanged at 4.25pc

Wed, 29 Jul 2026

The Central Bank of Bahrain (CBB) has announced its decision to maintain the overnight deposit interest rate unchanged at 4.25%. This decision was taken following the US Federal Reserve’s announcement today to keep the Interest Rate on Reserve Balances (IORB) unchanged.

Finance & Capital Market

Dubai Investments acquires Clemenceau Medical Center Dubai

Wed, 29 Jul 2026

Dubai Investments has announced that it has fully acquired Clemenceau Medical Center Dubai, a leading tertiary care hospital in UAE, after boosting the group's ownership from 20% to 100%. The transaction was structured through one of its key units - Dubai Investments Industries.

Finance & Capital Market

ASB Capital joint lead manager for Ajman Bank’s debut $300m sukuk

Wed, 29 Jul 2026

ASB Capital announced its appointment as Joint Lead Manager and Bookrunner on Ajman Bank’s (BBB+) inaugural USD 300 million Additional Tier 1 (AT1) perpetual non-call 5.5-year Sukuk, facilitating the bank’s first issuance in the international AT1 market.

Finance & Capital Market

Emirates Stallions Group posts $208.77m revenue, 44pc net profit growth in H1

Wed, 29 Jul 2026

Emirates Stallions Group (ESG), a leading UAE-based diversified conglomerate operating across construction and real estate sectors, and subsidiary of IHC, today reported an 8% year-on-year increase in revenue to AED766.69 million ($208.77 million) for the first half, while net profit rose 44% to AED166.30 million.

Finance & Capital Market

Emaar Development seals home financing partnership with ADCB

Wed, 29 Jul 2026

Emaar Development has announced a collaboration with Abu Dhabi Commercial Bank (ADCB) to boost the home-buying experience across its portfolio of residential communities in Dubai. Under this, customers will able to secure pre-approval for financing of up to 50% of a property's value.