Standard Chartered has announced the expansion of its institutional Bitcoin (BTC/USD) and Ether (ETH/USD) spot trading in the UAE through ‘Standard Chartered DIFC’.
First Abu Dhabi Bank (FAB) has done live USD transactions at scale as part of Swift’s Ledger Minimum Viable Product (MVP), using tokenised deposits and Swift smart contract settlements.
CFI Financial Group, a global leader in online trading services, has appointed Federico Cirulli as Chairman of the Board, marking the latest step in the group's evolution into a more institutional and scalable organisation. The appointment follows a period of record trading performance and continued expansion of the Group's international footprint.
Visa, a world leader in digital payments, has announced an enhanced version of A2A Protect, delivering real-time risk insights that help banks stop account-to-account fraud before money leaves customer accounts.
Benefit, Bahrain’s leader in Fintech and electronic financial transactions, recorded 261.2 million transactions across the Electronic Fund Transfer System (EFTS)in the first half (H1) of 2026.
The global economy has proved more resilient than expected in the face of the energy supply shock triggered by the conflict in the Gulf, with global growth for 2026 holding at around 3%, International Monetary Fund Managing Director Kristalina Georgieva said.
BENEFIT, a leading fintech company in Bahrain, has announced that it had processed 261.2 million transactions through the Electronic Fund Transfer System (EFTS) in the first half of 2026, up 7.6% when compared to last year, with the total value surging by 6.1% to BD19.3 billion ($51.2 billion).
Risks to some issuer ratings in Gulf Cooperation Council (GCC) states could increase under a hypothetical scenario in which traffic through the Strait of Hormuz is disrupted through most of 2027, Fitch Ratings says in a new report.
Sohar International and National Bank of Oman (NBO) have agreed a $720 million syndicated refinancing facility for Phoenix Power Company SAOG (PPC), following the 15-year extension of its Power Purchase Agreement (PPA) with Oman Power and Water Procurement Company (OPWP).
The number of new economic licences issued to Emirati businesswomen in Abu Dhabi rose 6.4% in the first half of 2026, highlighting the growing role of women entrepreneurs in the emirate’s economy.
