Saudi National Shipping Company (Bahri) has announced its new board of directors with Sarah Jammaz Al Suhaimi taking over as its Chairperson and Abdullah Mohammed Al Zamil as the Vice Chairperson. Al Suhaimi had earlier scripted history becoming the first woman CEO of Saudi Stock Exchange.
Saudi-based Red Sea International Company has announced that its key subsidiary, The Fundamental Installation for Electric Work Company, has signed an agreement with Saudi Investment Bank to secure multi-purpose funding facilities worth SAR200 million ($53.3 million).
Kuwait Financial Centre (Markaz) has announced that its real estate fund closed 2025 on a successful note delivering a return of 9.7%, supported by strong operating performance across its property portfolio. At the end of the 12-month period, its assets under management hit KD81.1 million ($263.3 million).
Abu Dhabi Catalyst Partners (ADCP), a joint venture between Mubadala Capital and Alpha Wave Global established to promote the growth and development of Abu Dhabi Global Market, has announced a strategic partnership with Bain Capital, one of the world’s leading private investment firms.
The global economic outlook has improved modestly but remains uncertain, with asset valuations, mounting debt, geoeconomic realignment and rapid artificial intelligence deployment creating both opportunities and risks, according to the World Economic Forum's latest Chief Economists’ Outlook, published on Friday.
PwC, a leading management consultancy company, has appointed Laura Hinton as the incoming Middle East Senior Partner, succeeding Hani Ashkar at the conclusion of his term.
IHC, a global investment company focused on building dynamic value networks, has announced a strategic framework with the US International Development Finance Corporation (DFC) to mobilise transformational, private-sector investment across priority sectors and high-growth markets of mutual strategic interest.
Bahrain Bourse (BHB), a licensed exchange by the Central Bank of Bahrain, has unveiled its strategic roadmap for 2026-2028, mainly designed to diversify market offerings, deepen liquidity and streamline market operations with the implementation of six key strategic pillars.
Jadwa Investment, a leading investment management and advisory firm in the Middle East, has announced the launch of its flagship private credit fund, Jadwa GCC Diversified Private Credit Fund, with a target size of up to SAR750 million ($200 million).
The World Bank projects that growth in Gulf Cooperation Council (GCC) states will rise to 4.4% in 2026 and 4.6% in 2027.
