Leading Kuwaiti developer Mabanee has signed an Islamic financing agreement worth KD104.8 million ($341 million) with a 60-month tenor. These funds will be used to first settle the existing financing facilities and then boost liquidity for its activities.
The UAE’s tourism sector attracts entrepreneurs through strong economic impact, government support, and national funding programmes. Initiatives like Khalifa Fund, Mohammed bin Rashid Establishment, RUWAD, and Emirates Development Bank provide financing, training, and advisory services, fostering SMEs, innovation, Emirati talent, and sustainable growth.
Saudi National Development Fund (NDF) and its affiliated sector funds have signed SAR6 billion ($1.6 billion) deals to help boost investment and unlock new opportunities across priority sectors including tourism, infrastructure and sustainable development.
SICO, a leading regional asset manager, broker, market maker, and investment bank with physical presence in Bahrain, Saudi Arabia, and the UAE, has announced an expanded product suite of $500 million in new transactions and investment initiatives during the Gateway Gulf 2025 Forum in Manama.
Bahrain has launched a new SME fund following the signing of strategic partnership agreements between Bahrain Development Bank (BDB), the National Bank of Bahrain (NBB), Bank of Bahrain and Kuwait (BBK), and Al Salam Bank.
The Artificial Intelligence market in UAE is poised for solid growth over the next few years and is set to hit AED170 billion ($46.3 billion) by 2030, thanks to the backing from sovereign funds and policies like Strategic Plan 2031 leading the way, said a new report.
Jadwa Investment, a leading investment management and advisory firm in the Middle East, has announced the launch of its flagship private credit fund, Jadwa GCC Diversified Private Credit Fund, with a target size of up to SAR750 million ($200 million).
