Jordan-based Arab Bank Group has reported solid results for the first quarter of 2026, with 2% increase in net income after tax reaching $275.8 million when compared to $271 million for the same period last year. Compared to the same period last year, the Group’s assets grew by 9% to reach $79 billion.
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.
Talabat Holding, a leading on-demand online ordering and delivery platform in the Mena region, has announced that its board has recommended a share buyback programme of up to 5% of the company’s issued share capital, to be executed over a period of up to two years.
Aldar Properties has issued a $1.0 billion in subordinated hybrid notes to Apollo Global Management through a private placement, raising additional capital to support its strong growth momentum.
BlueFive Investments Holding said it has executed a non-binding offer for a proposed investment in Gulf General Cooperative Insurance Company. The investment plan includes a capital restructuring and a cash injection to fuel future growth.
