Emirates NBD, a leading banking group in the Middle East, North Africa, Türkiye and South Asia (MENATSA) region, has marked a significant milestone in its sustainable finance journey by pioneering the UAE’s first dedicated Transition Finance Framework to support corporate and institutional customers in their transformation to more sustainable business models.
Abu Dhabi sovereign investor L'IMAD Holding plans to offer AED6.25 per share to acquire the remaining stake in AD Ports Group through its key subsidiary Abu Dhabi Developmental Holding (ADQ), in a deal that could take its ownership of the company to 100%. L’IMAD, through ADQ currently owns 75.42% of AD Ports Group.
Saudi Arabia's Insurance Authority and General Directorate of Civil Defense have launched a third-party cooperative insurance policy covering crowded venues and high-risk activities, as the kingdom moves to strengthen protection for visitors and businesses.
Gulf Insurance Group (GIG) today announced a net profit of KD23.8 million ($76.7 million), or 78.06 fils per share ($0.252) for the first half of 2026, an increase of 89.2% or KD11.2 million ($36.2 million) compared to a net profit of KD12.6 million ($40.5 million) for the same period last year.
National Bank of Bahrain (NBB) has appointed a new Equal Opportunities Committee to boost its governance framework and promote inclusion across its operations and customer services. EOC will oversee initiatives including women's empowerment, employee wellbeing, work-life balance and workplace experience.
GFH Bank has reported a net profit attributable to shareholders of $76.20 million for the first six months of the year compared with $67.24 million in the same period of 2025, an increase of 13.33%.
The Abu Dhabi Securities Exchange (ADX), one of the fastest growing exchanges in the world, has become the first exchange in the MENA region to offer all investors, institutions, developers and market participants access to official “live” ADX market data through conversational AI tools like ChatGPT, Claude, and other large language models (LLMs).
DIB, a leading Islamic financial group and the largest Islamic bank in the UAE, has launched its first Youth Council, creating a structured platform for young employees to bring forward fresh perspectives and ideas, contribute to relevant initiatives and take an active role in their own development and participation within the organisation.
Bahrain-based Bank ABC has reported a net profit of $111 million for the first half of 2026, a 27% decline compared to $152 million a year earlier, primarily driven by a higher provision charge amid a challenging macroeconomic and geopolitical environment. Its operating profit remained broadly stable, supported by 5% growth in core business revenue.
SAB Invest has announced the launch of a new open-ended, shariah-compliant public fund designed to provide investors with access to a concentrated portfolio of exceptional global companies expected to benefit from long-term structural growth trends backing Vision 2030's goals.
