The Dubai International Financial Centre (DIFC), a leading global financial centre in the Middle East, Africa and South Asia region, has announced that it will become the world’s first AI-Native financial centre, embedding artificial intelligence at the foundational level of its legal frameworks, business environment, talent development, ecosystem infrastructure and physical urban fabric.
Liquidity in Saudi Arabia, measured by broad money supply (M3), rose to more than SAR3.289 trillion ($876.85 billion) by the end of February, up 8.4% year on year.
The Arab region possesses strong fundamentals, including robust sovereign balance sheets, clear growth drivers and supportive political will, said Abdulla Salem Alnuaimi, Chairman of the Arab Federation of Capital Markets (AFCM) and Group Chief Executive Officer of Abu Dhabi Securities Exchange (ADX).
Bain & Company, a leading global management consultancy, has announced it is expanding its UAE footprint with a new office space in Abu Dhabi, reiterating its long-standing commitment to the UAE’s growing role as a hub for regional and global business.
More than 105,500 Bahraini private‑sector workers could have their April salaries paid directly from the Unemployment Fund if a proposal gets approved.
The National Bank of Bahrain (NBB) has announced a strategic collaboration with the Bank of London and The Middle East (BLME), a sharia-compliant bank in UK, to provide tailored UK property finance solutions to NBB’s eligible high net worth clientele.
Kuwait Finance House – Bahrain (KFH), a leading bank in the kingdom, has announced that it is allowing individual and corporate customers to defer domestic loan instalments and credit card payments for three months, in line with guidance from the Central Bank of Bahrain.
Kuwait Financial Centre (Markaz) has announced that the Al Nada Tower, a key residential building owned by its real estate fund MREF, has achieved LEED Gold certification. This comes as part of its broader strategy to strengthen sustainability and operational frameworks across its real estate portfolio.
Partners Group, one of the largest firms in the global private markets industry, has announced the appointment of Abdullah Alshamlan as its new Head of Kuwait. The appointment follows the firm’s recent announcement regarding its office opening in Kuwait, the application process for which is underway.
The Abu Dhabi Securities Exchange Group (ADX) has announced its collaboration with the Abu Dhabi Global Entrepreneurship Festival (ADGEF) as its “Capital Markets Partner” to advocate financial literacy, investment proficiency, and investment knowledge for the next generation of entrepreneurs and investors.
