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.
Oman's Ministry of Finance and the Saudi Fund for Development (SFD) have signed a memorandum of understanding (MoU) to finance the construction of the Thumrait Industrial City project.
Dubai Chambers has signed memorandums of understanding (MoUs) with four specialised FinTech companies as part of its efforts in providing the business community with access to advanced and alternative banking services.
Kuwait cabinet has appointed a new finance and a new foreign minister in a limited cabinet reshuffle, reported the state news agency Kuna. Dr Yaqoub Al Sayed Yousef Al Refaei takes over the finance portfolio, while Jarrah Jaber Al Ahmad Al Sabah is the new foreign minister.
ADQ, an Abu Dhabi-based active sovereign investor focused on critical infrastructure and global supply chains, has announced the successful closing of its debut five-year syndicated term financing deal in the Greater China region worth $5 billion.
Abu Dhabi National Oil Company has signed a $2 billion green financing deal backed by Korea Trade Insurance Corporation (K-Sure) to fund lower carbon projects across its operations. This marks its first green financing facility backed by a Korean agency.
Adipec 2025 emphasised the urgent need for global financiers and policymakers to accelerate energy investment. With $3.3 trillion projected for 2025, the event aimed to foster strategic partnerships and financial innovation in response to rising energy demand.
Dubai Chambers has signed a memorandum of understanding (MoU) with Abu Dhabi Islamic Bank (ADIB) to strengthen banking support for the business community, with a particular focus on empowering small and medium-sized enterprises (SMEs).