Binance, the global blockchain ecosystem behind the world’s largest cryptocurrency exchange by trading volume and registered users, has launched bStocks for eligible users in Binance Bahrain, marking another milestone in the company’s vision of becoming a comprehensive financial super app.
stc pay Bahrain, Bahrain's most innovative and accessible mobile wallet for digital financial transactions, has partnered with PayPal, a global leader in digital payments, to launch seamless cross-border fund transfers, enabling customers to link their PayPal accounts directly to the stc pay app and move funds between both platforms.
The Central Bank of Bahrain (CBB) has announced its decision to maintain the overnight deposit interest rate unchanged at 4.25%. This decision was taken following the US Federal Reserve’s announcement today to keep the Interest Rate on Reserve Balances (IORB) unchanged.
Dubai Investments has announced that it has fully acquired Clemenceau Medical Center Dubai, a leading tertiary care hospital in UAE, after boosting the group's ownership from 20% to 100%. The transaction was structured through one of its key units - Dubai Investments Industries.
ASB Capital announced its appointment as Joint Lead Manager and Bookrunner on Ajman Bank’s (BBB+) inaugural USD 300 million Additional Tier 1 (AT1) perpetual non-call 5.5-year Sukuk, facilitating the bank’s first issuance in the international AT1 market.
Emirates Stallions Group (ESG), a leading UAE-based diversified conglomerate operating across construction and real estate sectors, and subsidiary of IHC, today reported an 8% year-on-year increase in revenue to AED766.69 million ($208.77 million) for the first half, while net profit rose 44% to AED166.30 million.
Emaar Development has announced a collaboration with Abu Dhabi Commercial Bank (ADCB) to boost the home-buying experience across its portfolio of residential communities in Dubai. Under this, customers will able to secure pre-approval for financing of up to 50% of a property's value.
The UAE banks' gross assets improved by 1.1% from AED5,570.1 billion ($1516.71 billion) at the end of April 2026 to AED5,633.1 billion at the end of May 2026, said a UAE Central Bank report.
Dubai's economy continued its strong growth trajectory in 2025, with gross domestic product (GDP) at current market prices rising to an estimated AED972 billion ($264.67 billion) from AED890 billion in 2024, according to preliminary estimates released as the Dubai Data and Statistics Establishment (DDSE) launched the Dubai Economic Survey 2026.
Liquidity-management instrument availability for Islamic banks has expanded across many core markets over the past decade, supporting funding needs, according to Fitch Ratings. However, gaps remain relative to conventional banks, more so in countries where Islamic banks remain niche.
