Read StoryGCC foreign outflows hit record $2.3bn in Q3, Kamco says
GCC foreign outflows hit a record USD2.3bn in Q3 2026 as overseas investors sold Saudi, Dubai and Kuwait stocks while local buyers…
Read StoryEgypt credit rating upgraded to B3 by Moody’s
Moody’s raised the Egypt credit rating to B3 with a positive outlook, citing lower debt, USD57bn reserves and reforms that may cut…
Read StoryQIB nine-month profit rises 2% to QAR3.5bn
QIB nine-month profit rose 2% to QAR3,525m as financing assets jumped 21.9% and total assets hit QAR235.5bn, Qatar Islamic Bank said on…
Read StoryEmaar sales backlog nears AED180bn, collections at 98%
Emaar sales backlog is near AED180bn ($49bn) with collections holding at 98%, Mohamed Alabbar told the Sharjah Investment Forum, citing buyer confidence.
Read StorySami Abouzahr named HSBC wealth head for UAE, Middle East
HSBC has named Sami Abouzahr Head of International Wealth and Premier Banking for the UAE and Middle East, moving the 20-year veteran…
Read StoryOQEP sukuk programme: Oman oil firm sets up $2bn platform
OQEP sukuk programme: Oman’s state-backed oil producer sets up a $2bn Islamic bond platform rated BBB- by Fitch, with issues eligible for…
Read StoryMubadala Capital completes $6.2bn Clear Channel deal
Mubadala Capital Clear Channel deal closes: the Abu Dhabi investor completes its $6.2bn takeover of the US billboard group, which delists from…
Read StoryUAE federal budget: Cabinet approves AED292.5bn plan
UAE Cabinet approves a AED292.5bn federal budget for 2027–2029, up 28.3%, with AED90.1bn set for 2027 and 38.4% going to social development…
Read StoryTristar acquisition: Aegis Logistics agrees $1.5bn deal
Aegis Logistics agrees a Tristar acquisition at a $1.5bn enterprise value as Agility Global exits the Dubai energy logistics firm it bought…
