More than 100 newly qualified finance professionals qualified as members of the Association of Chartered Certified Accountants (ACCA) in Oman, adding to the sultanate's skilled workforce as it pursues economic diversification under Vision 2040.
Mattel, an American multinational toy manufacturing and entertainment company, has appointed Tarek Moussawer as its new Commercial Lead for Middle East region. An industry veteran, he brings over 20 years of experience across retail, finance, brand building and commercial strategy to the new role.
Citi has appointed Rajeev Garg as the new Head of Wealth for Citibank N.A., UAE, effective June 18, 2026.
King Abdullah Financial District Development and Management Company (KAFD DMC), the developer and operator of Riyadh’s premier business and lifestyle destination, has secured a SAR12 billion ($3.2 billion), 15-year, senior-secured Murabaha facility, its first independently secured debt facility.
Cloudsdcs, a global enterprise cloud and cybersecurity specialist with over 20 years of experience, has announced its expansion into Saudi Arabia with support from AstroLabs, the Gulf’s premier business setup and growth platform.
The UAE's banking sector achieved regional leadership with assets valued at AED5.4 trillion ($1.47 trillion) in 2025, supported by a 17.9% growth in the credit portfolio and a 16.2% increase in deposits, said the Central Bank of the United Arab Emirates' 2025 annual report.
Muzinich & Co., the privately owned global corporate credit specialist, has opened an office in ADGM, the international financial centre of Abu Dhabi, marking the next step in its investment journey in the Middle East. It will be led by Filomena Cocco, Managing Director, Global Business Development.
Kuwait Financial Centre has announced the launch of its next-generation digital trading platform - iMarkaz Invest - designed to enhance the client experience and expand access to financial markets in Kuwait, Saudi Arabia, UAE and US through a secure, intuitive, and efficient digital interface.
Bahrain's Electricity and Water Authority (EWA) has announced the launch of an international tender for the development of Bilaj Al Jazayer Solar IPP with a planned capacity of up to 100 MWac. The key solar farm is set for commercial operations in September next year.
The Central Bank of Bahrain (CBB) affirmed that the kingdom’s banking and financial sector continues to operate at the highest levels of readiness amid the current regional developments and the repercussions of the Iranian aggression taking place in the region.
