The UAE Cabinet, chaired by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister of the UAE and Ruler of Dubai, has approved the federal general budget for the years 2027–2029, totalling AED292.5 billion, up 28.3% over the previous three years.
IBM has announced that Mashreq is piloting IBM Bob, IBM's enterprise AI-powered software engineering platform, to advance its integration engineering capabilities.
Benefit, Bahrain’s leading fintech firm, has signed an MoU with Bede Bahrain, an innovative microfinance solutions app, to explore a Nano financing initiative within BenefitPay.
The International Financial Centre of Oman is moving closer to opening its doors as work accelerates on its legal framework, rulebook and registry system.
The UAE’s net wealth is forecast to reach $6 trillion by 2030, with a CAGR of 10.6%, according to Boston Consulting Group’s (BCG) Global Wealth Report 2026: The Great Reordering.
Sobha Realty, a leading luxury real estate developer, has signed an agreement with the National Bank of Ras Al Khaimah (Rakbank) to provide home financing solutions to eligible buyers of its ready and selected off-plan residential properties across Dubai and Abu Dhabi.
Under the theme “Building Adaptive Economies,” the ninth Sharjah Investment Forum (SIF 2026) will host a series of specialised workshops within its programme of more than 140 activities.
Accelerating economic unity pathways and completing the Customs Union and the GCC Common Market constitute crucial pillars for bolstering the competitiveness of GCC economies.
The Seventh Forum of Central Shariah Authorities has stressed the importance of ensuring that central Shariah authorities keep pace with rapid developments in the global financial sector and strengthen coordination and consultation on emerging issues.
UAE and France’s BPCE have explored ways to cooperate with each other in banking, investment and financial services, amid shifts in the global financial industry.
