Takeem, an PropTech platform in the UAE, said it has launched the country's First Rental Guarantee service, a value-added offering for landlords, tenants and agents as regional markets navigate renewed uncertainty. The Takeem guarantee covers landlords against tenant non-payment and includes emergency maintenance for urgent property repairs.
Kuwait Credit Information Network Company (CINET) has launched its new corporate strategy for 2026–2028, marking a significant step toward reinforcing its position as an advanced credit bureau offering innovative solutions that support the rapidly evolving credit and financial landscape in the country.
Boursa Kuwait Securities Company has reported a net profit of KD5.99 million ($19.4 million) for the first quarter of 2026 with its total assets hitting KD145.24 million ($471 million), thus underscoring its resilience despite regional geopolitical tensions and economic uncertainty.
UK-based Rokos Capital Management (RCM) has opened a new office in Abu Dhabi after receiving the go-ahead from the Financial Services Regulatory Authority (FSRA). The RCM office is located in the Sky Tower within the jurisdiction of the Abu Dhabi Global Market (ADGM).
Dubai Financial Market (DFM) said its consolidated revenues for the first quarter reached approximately AED253.1 million ($68.91 million), compared with AED186.5 million during the same period in 2025.
Mashreq Bank, one of the leading financial institutions in the MENA region, has delivered a strong first-quarter performance, with operating income growing to AED3.4 billion ($925.8 million) and net profit before tax increasing to AED2.3 billion ($626.28 million).
Citi has announced senior leadership appointments across its Banking & International franchise, effective August, with roles based between London and Dubai.
Visa, a world leader in digital payments, has appointed Emirates NBD, a leading banking group in the Middle East, North Africa and Türkiye (MENAT) region, as its official National Net Settlement Service (NNSS) Agent in the UAE.
The Central Bank of Bahrain (CBB) has announced its decision to maintain the overnight deposit interest rate unchanged at 4.25% follaoing a review conducted by the CBB to maintain monetary and financial stability in the kingdom.
Tecom Group, the creator of specialised business districts and vibrant communities, has delivered solid results for Q1, recording a net profit of AED755 million ($201 million), up 11% over last year driven by strong demand across its specialised business districts as well as commercial and industrial portfolios.
