Saudi-based International Islamic Trade Finance Corporation (ITFC), a member of the Islamic Development Bank (IsDB) Group, signed a $1 billion framework agreement with Mauritania covering the 2026–2030 period to strengthen cooperation and support the country’s economic development priorities through strategic trade finance and capacity-building initiatives.
Oman Investment Bank has completed a $130 million minority investment in Uzum, Uzbekistan’s leading digital services ecosystem, by a consortium of investors led by sovereign entities of Oman.
The US dollar and Treasury yields could come under pressure as sentiment shifted after indications that the conflict in the Middle East could move toward a quicker resolution than previously expected. The expectations of a decrease in tensions triggered a pullback in oil prices, said an industry expert.
Ardian, a global private investment firm, has reached an agreement with a wholly owned subsidiary of the Abu Dhabi Investment Authority (ADIA), to launch a new real estate secondaries platform.
IMF Managing Director Kristalina Georgieva warned the escalating US-Israel-Iran conflict risks pushing global inflation higher, after oil prices surged more than 30 per cent in Asian trading to their highest levels since 2022.
Saudi Arabia’s real gross domestic product (GDP) grew by 4.5% in 2025 compared with 2024, driven by growth across all economic activities, with oil activities rising 5.7%. The total GDP at current prices reached SAR4,789 billion ($1275.70 billion) in the year.
Dubai Residential REIT, a shariah-compliant real estate investment trust, said it has won approval from the shareholders for the distribution of AED550 million ($150 million) cash dividends for H2 2025, thus reflecting its strength in the REIT’s portfolio and confidence in Dubai’s residential leasing market.
ICICI Prudential Asset Management Company Limited (ICICI Prudential AMC), one of India’s largest asset management company, on Monday (March 9) inaugurated its branch in Dubai International Financial Centre (DIFC), marking a significant step in its overseas expansion strategy.
Amlak Finance has reported a net profit after income tax of AED1.47 billion ($400.7 million) for the year ended 31 December 2025, compared to a net profit of AED12 million for the same period in 2024.
Shareholders of Ithmaar Holding, a Bahrain-based holding company, on Sunday (March 8) approved its plan to raise capital, which includes the cancellation of accumulated losses against share capital and issuance of additional share capital by way of rights issue.
