Bahrain’s banking sector continues to operate efficiently, maintaining uninterrupted services to its customers, thus demonstrating resilience and stability amid the ongoing Middle East conflict, supported by strong fundamentals and a robust regulatory framework, said the kingdom's top financial body.
The UAE continues to strengthen its position as one of the world’s leading centres in the financial technology (FinTech) sector led by its two main hubs - Dubai International Financial Centre (DIFC) and Abu Dhabi Global Market (ADGM) - and its market is poised to hit $5.71 billion by 2029, said a report.
Kuwait marks its 65th National Day today (on February 25), highlighting a year of strong financial performance underpinned by sovereign wealth fund assets exceeding $1 trillion, according to a regional statistical report.
ADGM, the international financial centre of Abu Dhabi, is entering its second decade with strengthened momentum, as it announces the addition of 11 new major global financial institutions representing more than $9 trillion in assets under management.
Global financial leaders discussed the future of investment strategies, financial governance and sustainable growth in a rapidly evolving global economy at an executive roundtable held in Manama. It was hosted by EMIC Training in collaboration with Bentley University.
The UAE Cabinet, chaired by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister of the UAE and Ruler of Dubai, has approved the federal general budget for the years 2027–2029, totalling AED292.5 billion, up 28.3% over the previous three years.
The International Financial Centre of Oman is moving closer to opening its doors as work accelerates on its legal framework, rulebook and registry system.
Bloomberg has announced the opening of a new office in King Abdullah Financial District (KAFD) in Riyadh, marking the expansion of its presence in the Kingdom.
Lebanese group Dar Al Handasah has secured a contract to conduct studies for the $4billion Qatar-Bahrain causeway project. The scope of work includes financial, economic, social and environmental feasibility studies for the 40km causeway, also known as the Friendship Bridge, said a report.
