Bitget, the world's largest Universal Exchange, has launched Project Archimedes, a $300 million institutional capital programme aimed at supporting quantitative trading firms and asset managers across the Middle East and North Africa. It aims to support 50+ promising projects in the next six months.
Benefit, a leading fintech and electronic financial transactions service company in Bahrain and key innovator, has signed a service agreement with Aman, the kingdom's premier compliance platform, to boost its compliance and financial crime prevention capabilities.
Bank ABC Islamic reported a total operating income after profit on murabaha and other payables and before attribution to quasi-equity of $92.5 million for the first half of 2026, up 3.2% from the same period last year.
Fintech Forward, the region’s flagship financial services forum, will convene global thought leaders, leading financial innovators, and policymakers, to examine the most pressing ecosystem challenges that lie ahead in October.
Money20/20 Middle East, the region's home for the global money ecosystem, will return to Riyadh from September 14–16, bringing together regulators, financial institutions, fintech innovators, investors and technology leaders.
Bahrain-based investment bank SICO has reported a 48% jump in its second-quarter net profit attributable to shareholders, helped by higher net investment income and a recovery in market valuations. Its assets under management (AUM) soared to BD3.3 billion ($8.9 billion) in Q2.
Persistent payment delays and rising default concerns are putting increasing pressure on liquidity and cash flow management in the UAE, says the latest Atradius Payment Practices Barometer.
National Bank of Bahrain (NBB) has reported a net profit attributable to shareholders of BD22.5 million ($59.7 million) for the second quarter ended 30 June 2026, representing a record second quarter profit and 16% increase from BD19.4 million ($51.5 million) reported in the second quarter of 2025.
Dubai Investments has reported a 28% increase in the net profit attributable to shareholders for the first half which soared to AED642.4 million ($175 million) driven by strong performance across the Group's core business segments led by real estate and manufacturing sectors.
Mastercard today announced that Yasemin Bedir has been appointed President of the company’s Eastern Europe, Middle East and Africa (EEMEA) region, effective September 1.
