The Board of Executive Directors of the Islamic Development Bank (IsDB), has approved a new package of $938 million in development financing for six member countries.
Trading value across Arab capital markets hit $825 billion during the first nine months, up 18% year-on-year, while their combined market capitalisation stood at $4.3 trillion at the end of September, reflecting continued market activity and resilience amid regional volatility this year, said an industry expert.
Dubai Ruler Sheikh Mohammed bin Rashid Al Maktoum has issued a decree forming the board of directors of the Investment Corporation of Dubai (ICD), with Crown Prince Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum as its Chairman, reported state news agency Wam.
Global financial assets increased by 8.6% in 2025 to a record EUR268.4 trillion ($304.4 trillion), despite a challenging geopolitical and economic backdrop, says a new report.
ACICO Group, a Kuwait-based building materials and construction company, said it has reached agreements with two local creditor banks to restructure its outstanding debt and financing obligations, thus bringing completed settlements to about 80% of the total creditor bank obligations.
AW Rostamani Group (AWR Group) has completed a major transformation of its group-wide cash management infrastructure, establishing a connected and digitally enabled treasury framework that brings banking, payments, liquidity management and reporting into a single operating environment.
CODIX, a global software provider for commercial and asset finance, has announced the opening of its new subsidiary in Saudi Arabia, which complements CODIX Middle East in Dubai and confirms its long-term commitment to the region.
The Abu Dhabi Declaration adopted at the 15th United Nations Congress on Crime Prevention and Criminal Justice provides a five-year roadmap for strengthening efforts to combat financial crime.
The Syrian Minister of Finance Mohammad Yisr Barnieh affirmed his country's keenness to participate in the meetings of the Council of Arab Finance Ministers.
The Abu Dhabi Securities Exchange (ADX) has launched an updated and expanded “Investor Relations Guide”, a practical operational manual designed for management teams and boards.
