Bahrain Chamber's board has appointed Dr Shaima Abdulla Juma, the director of its Legal Affairs Department, as its Acting CEO. This was mainly to ensure administrative and executive compliance and oversee daily operational continuity as well as support Bahrain's private sector initiatives.
HSBC Private Bank has confirmed the appointment of Feras Al Jarmani to lead its UAE Market, taking on overall responsibility for the bank’s private banking business across the country.
The UAE Ministry of Finance has extended the period during which Small Business Relief may be claimed to tax periods ending on or before 31st December 2029.
Soor, a Bahrain-based insurtech platform, has secured a new investment from Spring, a venture studio and ecosystem builder backed by London-based global investment firm Salica and Al Waha Fund, that will enable it to accelerate its growth and product development.
The UAE Emirate of Ras Al Khaimah continues to establish its position as a leading investment destination, attracting AED771.5 million ($210 million) in the first half of 2026.
Islamic finance is evolving beyond its traditional role as a source of funding to become a strategic connector between liquidity-rich markets and fast-growing economies, says a new Standard Chartered report.
Abu Dhabi-based International Holding Company (IHC) has reported a sharp increase in its first-half profit which soared to AED26.2 billion ($7.13 billion), while its revenue surged 34.5% to hit AED64.9 billion ($17.6 billion) supported by higher revenue across several business segments.
The National Bank of Bahrain (NBB) has announced a new partnership with Turkish Airlines to provide exclusive travel benefits to its cardholders, including a 20% discount on flights.
Artificial intelligence (AI) could allow developing countries to do in a decade what might otherwise take a century — provided that governments act swiftly to close the gaps in power, connectivity, skills, and institutional quality that threaten to leave them behind, a World Bank Group report said.
Mastercard and Arab Financial Services (AFS), the Middle East and Africa’s leading digital payment solutions provider and fintech enabler, have joined forces to introduce corporate credit and prepaid cards, integrated with the AFS Pro mobile app, in the UAE and Egypt.
