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Finance & Capital Market AI & Automation

Mumtalakat, ARP Group to launch AI-native bank in Bahrain

Sun, 01 Nov 2026

Bahrain's wealth fund Mumtalakat and ARP Group have partnered to establish an AI-native and blockchain enabled wholesale bank in the kingdom. It is being designed to use AI across its operations and offer programmable services that connect directly with clients’ systems through APIs.

Finance & Capital Market

ADIB posts record net profit before tax of $2.2bn in 2025, up 18%

Wed, 21 Jan 2026

Abu Dhabi Islamic Bank (ADIB) has reported another year of exceptional financial performance, delivering record earnings in 2025 on the back of strong balance sheet expansion, rising business momentum and sustained customer acquisition across key segments.