The Middle East Stablecoin Association (MESA), the region's first industry body dedicated exclusively to stablecoins, today announced that it has been incorporated in Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa and South Asia (MEASA) region as a Non-Profit Incorporated Organisation (NPIO).
Ajman Bank has listed a $300 million Additional Tier 1 (AT1) perpetual sukuk on Nasdaq Dubai, marking its first capital securities issuance and strengthening its regulatory capital base. The issuance was around 1.7 times oversubscribed, attracting orders of more than $500 million.
Dubai Islamic Bank (DIB) has reported a 10% increase in its gross revenue for the first six months of the year which soared to AED12.4 billion ($3.38 billion), backed by growth in financing and fee-based income, while stronger asset quality and capital levels helped underpin profitability.
The Future Investment Initiative (FII) Institute, a global non-profit foundation with an investment arm and one agenda, Impact on Humanity, will celebrate its 10th anniversary with FII10, taking place in Riyadh from October 26 to 29 under the theme “The Power of Legacy.”
Bahrain and the European Union (EU) pledged closer co-operation on regional security and maritime stability while launching negotiations on a Strategic Partnership Agreement, following talks between senior officials at the GCC-EU Regional Security Cooperation Forum.
Total CX, a part of the Beyon Group, has signed three strategic agreements with Bahrain Kuwait Insurance Company (BKIC), covering manpower outsourcing services, tele-sales services and AI Solutions. Through these deals, Total CX will provide integrated support across people, sales and AI powered services.
DMCC, a leading international business district in Dubai, has announced that Dubai's total diamond trade reached an all-time high of $41.7 billion in 2025, according to data from Dubai Customs.
The Dubai International Financial Centre (DIFC) Courts reported that a total of 810 cases were filed from January to June in the courts, a 25% increase year-on-year, with a combined claim value of AED10.02 billion ($2.73 billion), up 48% from the same period in 2025.
Abu Dhabi Islamic Bank (ADIB), a leading Islamic financial institution, and the Dubai Department of Economy and Tourism (DET) have launched a DET Connect Account under DET’s “SME in a Box” platform to empower small and medium-sized enterprises (SMEs) with a comprehensive, digitally native banking solution.
The Financial Services Regulatory Authority (FSRA) of ADGM, the international financial centre of the capital of the UAE, granted a total of 95 Financial Services Permissions and 120 In-Principle Approvals in 2025, representing an increase of 22% and 32%, respectively, compared to 2024.
