Kuwait Finance House - Bahrain (KFH-Bahrain) has joined Fintech Forward 2026 (FF26) as a Diamond Sponsor.
Network International (Network), a leading fintech company, has launched its regional acquiring capability that enables merchants to seamlessly accept payments across GCC markets through a single integration.
Leading Kuwaiti bank Burgan has launched a rights issue of up to KD50 million ($161.4 million) as part of efforts to boost its capital position and enhance financial flexibility to support its strategic priorities, including strengthening its Kuwait business, reallocating assets and accelerating digital transformation.
Companies listed on GCC exchanges reported aggregate net profits of $74.8 billion in Q2, up 31.3% over previous year. At the country level, the profit growth was led by Kuwait, Saudi Arabia, UAE and Oman, where firms posted double-digit y-o-y increases, according to Kamco Invest.
Saudi Arabia's PayTabs Group and Amazon Payment Services have agreed to a more than $100 million deal under which PayTabs will acquire Amazon's Middle East and North Africa (MENA) payments operations, a transaction that will further consolidate the region's fragmented payments market.
Kuwait International Bank (KIB) has announced the successful pricing of its inaugural $500 million unsecured issuance under its $1.5 billion sukuk programme. This strategic issuance supports the diversification of KIB's funding sources and boosts its long-term funding base.
Aldar has become the first in Abu Dhabi to complete mortgage financing on an off-plan property for its customers through Abu Dhabi Real Estate Centre’s newly launched framework that enables the financing bank to be named on the mortgage registration certificate before property handover.
The Egyptian Cabinet has greenlit measures for the Ministry of Finance to issue up to $3 billion in international bonds throughout fiscal year 2026/2027. This move aligns with state strategy to cover budget funding gaps, broaden currency and lower refinancing exposure.
Marking Emirati Women’s Day, Emirates NBD, a leading banking group, has launched a campaign under the unifying theme, ‘Banat Zayed’ (Daughters of Zayed).
Standard Chartered has announced the expansion of its institutional Bitcoin (BTC/USD) and Ether (ETH/USD) spot trading in the UAE through ‘Standard Chartered DIFC’.
