The Middle East war could lead to total and partial loss events for a small number of rated sukuk, particularly where they have underlying assets targeted by attacks. Those backed by industrial or commercial real estate are the most vulnerable, according to S&P Global Ratings.
GCC economies are set for a sharp rebound, with growth forecast to reach 8.5% in 2027, according to ICAEW’s latest Economic Insight Q1 2026 report, produced in partnership with Oxford Economics.
Quarterly net profits reported by companies listed on GCC exchanges witnessed a sharp sequential decline and reached the lowest level in 12 quarters during Q4-2025, said a Kamco research report.
Atradius, a global leader in trade credit insurance and risk management with over 100 years of experience in the credit insurance industry, has established its operations in Dubai International Financial Centre (DIFC), thus marking a significant milestone in its Middle East growth strategy.
With all that is going on in the region, July might feel like a lifetime away. And so, when it comes to the UAE’s eInvoicing mandate, many organisations will be tempted to wait, perhaps even hope for a soft landing or informal grace period, as has been seen with previous regulatory changes.
Emirates Development Bank (EDB), the UAE's key financial engine for economic diversification, has announced it is actively deploying an average of AED20 million ($5.45 million) in financing every single day to ensure that businesses across the nation continue to operate without disruption.
Saudi Arabia's Ministry of Finance has announced the commencement of the Financial Control Law, issued by the Council of Ministers under Resolution No. (M/122), on December 1, 2025.
Saudi Arabia's Ministry of Finance has announced the commencement of the Financial Control Law, issued by the Council of Ministers under Resolution No. (M/122), on December 1, 2025.
The impact of the Middle East war is substantial, global, and highly asymmetric, disproportionately affecting energy importers, in particular low-income countries, said heads of the International Energy Agency, International Monetary Fund, and World Bank Group.
Al Baraka Islamic Bank, one of the leading Islamic banks in Bahrain, has announced the election of its new Board of Directors and the appointment of Akram Yassin as Chairman of the board, succeeding Sabah Al Moayyed.
