Finance & Capital Market

Finance & Capital Market

Bahrain Bourse opens the Market at London Stock Exchange

Sat, 20 Jun 2026

Bahrain Bourse said it had recently celebrated the ‘Bahrain Capital Market Day 2026’ at the London Stock Exchange, reaffirming the kingdom's commitment to strengthening international investor engagement and advancing its capital market ecosystem.

Finance & Capital Market

Bank Nizwa backs landmark Oman India Fertiliser Company share sale

Sat, 20 Jun 2026

Bank Nizwa has joined the initial public offering of Oman India Fertiliser Company as a collecting bank, further strengthening its position as key provider of Islamic banking solutions. One of the top five fertiliser producers in the GCC, it is offering 25% of its share capital through the IPO.

Finance & Capital Market

ITFC oversaw $9.35bn in trade finance approvals in 2025

Fri, 19 Jun 2026

The International Islamic Trade Finance Corporation (ITFC), a member of the Islamic Development Bank Group, has revealed that it provided $9.35 billion in trade finance approvals in 2025.

Finance & Capital Market

DGCX to launch first same-day physically settled spot gold contract in GCC

Fri, 19 Jun 2026

The Dubai Gold and Commodities Exchange (DGCX) will launch its Gold Spot T+0 Contract on Monday June 22, introducing the first same-day physically settled spot gold product on a regulated exchange in the GCC and positioning Dubai among a limited number of international markets offering such functionality.

Finance & Capital Market

Al Ansari Financial Services reaches 1,000 UAE national employees milestone

Fri, 19 Jun 2026

Al Ansari Financial Services (AAFS), a leading financial institution in the GCC, has reached a milestone of 1,000 UAE national employees across its businesses, reflecting one of the largest Emiratisation workforces in the UAE’s private sector.

Finance & Capital Market

Knowledge Economic City gets funding for Islamic World District project

Thu, 18 Jun 2026

Knowledge Economic City (KEC) has announced that it has secured a SAR150 million ($40 million) shariah-compliant financing facility from Saudi-based Riyad Bank to fund the construction work on the first two clusters within Phase I of its Islamic World District project.

Finance & Capital Market

DIFC mulls amendment of its key data protection rules

Thu, 18 Jun 2026

Dubai International Financial Centre (DIFC) is looking at amending its data protection regulations that will help streamline itsegulatory framework by enhancing requirements to embed safety in systems processing personal data in an AI‑native jurisdiction.

Finance & Capital Market

UAE stays world's fifth most competitive economy, first in economic performance

Thu, 18 Jun 2026

The UAE has maintained its position as the world's fifth most competitive economy while ranking first globally in Economic Performance in the 2026 IMD World Competitiveness Ranking, reinforcing its status as one of the world's most resilient and future-ready economies.

Finance & Capital Market

UAE Ministry of Finance's 2027–2029 Strategic Plan aims to enhance efficiency

Thu, 18 Jun 2026

The UAE Ministry of Finance has launched its Strategic Plan 2027–2029, a new government framework designed to enhance the efficiency of public financial management and advance its policies and tools in line with the UAE’s ambitions for the next phase of development.

Finance & Capital Market

Citi appoints Rajeev Garg as new Head of Wealth for UAE

Thu, 18 Jun 2026

Citi has appointed Rajeev Garg as the new Head of Wealth for Citibank N.A., UAE, effective June 18, 2026.