Binghatti Holding, one of the UAE’s fastest-growing real estate developers, has successfully priced a long five-year $500 million benchmark sukuk under its $1.5 billion Trust Certificate Issuance Programme, in a transaction that was 4.4 times oversubscribed.
Safanad, a principal-led investment company with a major presence in US and Saudi Arabia, said it has completed the sale of HC-One, the largest care home provider in UK featuring nearly 300 homes, to a leading healthcare real estate investment trust (REIT) for over $1.6 billion.
The UAE and Switzerland have agreed to set up a Joint Economic Committee (JEC) to boost bilateral economic co-operation, promote investment and boost trade flows. The JEC will focus on addressing trade-related barriers, facilitating knowledge-sharing and resolving business issues.
The She Investment Summit 2026 was held in Dubai, convening senior leaders, investors, and policymakers to examine how gender intelligence is increasingly shaping economic performance across priority sectors.
Bank ABC (Arab Banking Corporation) has announced a record total operating income of $1.41 billion, a 5% headline growth YoY, and 7% on an underlying constant currency basis.
Lesha Capital, the Saudi-based subsidiary of leading Qatari shari’a-compliant investment bank Lesha, said it has obtained the licence from the kingdom's Capital Market Authority to fully operate as a regulated investment firm, in a major milestone in its regional expansion strategy.
Cigna Healthcare, a global health service company, has launched a key initiative across Middle East and Africa in a bid to close the health literacy gap. Through this, it aims to improve overall understanding of health insurance by making information clearer and more accessible.
The 2026 sovereign credit outlook for the Middle East region is stable thanks to the continued economic and credit resilience despite elevated geopolitical tensions and lower oil prices, said a S&P report, adding that the average regional growth is set to accelerate slightly to about 3.5%.
Union Bancaire Privée (UBP), one of the world’s largest family-owned private banks headquartered in Geneva, Switzerland, has appointed Fahd Iqbal as Head of Investment Services, Dubai.
Riyadh Air, the world’s newest airline from Saudi Arabia, has joined hands with Mastercard to unveil a bold strategic alliance that will see the duo develop a portfolio of innovative consumer products including Riyadh Air-branded credit and prepaid cards built for the next generation of travellers.
