In a strategic move, Bahrain-based Islamic wholesale bank GFH Financial Group (GFH) said it has rebranded as GFH Bank, in a move that reflects a shift in its business model and aims to sharpen its identity as an integrated banking and investment institution.
Amlak Finance has reported a net profit after income tax of AED1.47 billion ($400.7 million) for the year ended 31 December 2025, compared to a net profit of AED12 million for the same period in 2024.
Investcorp, a global alternative investment firm, has announced that its GP staking arm, Investcorp Strategic Capital Group (ISCG), has closed on commitments of over $1.25 billion to Investcorp Strategic Capital Partners II and associated vehicles (together, ISCP II).
Mace Consult, a leading independent company focused on delivering impactful infrastructure and capital programmes, on Friday announced the completion of the majority private equity investment by Goldman Sachs Alternatives and carve-out from Mace Group.
Investcorp, a global alternative investment firm headquartered in Bahrain, has announced that its GP staking arm, Investcorp Strategic Capital Group (ISCG), has closed on commitments of over $1.25 billion, thus taking the ISCG's total assets under management (AUM) to over $2.4 billion.
Investment in renewable energy projects in the Middle East has jumped by 28 per cent, year-on-year, according to a new report from Ansarada, a mergers and acquisitions (M&A) and infrastructure procurement platform.
Safanad, a principal-led investment company with a major presence in US and Saudi Arabia, said it has completed the sale of HC-One, the largest care home provider in UK featuring nearly 300 homes, to a leading healthcare real estate investment trust (REIT) for over $1.6 billion.
The UAE and Switzerland have agreed to set up a Joint Economic Committee (JEC) to boost bilateral economic co-operation, promote investment and boost trade flows. The JEC will focus on addressing trade-related barriers, facilitating knowledge-sharing and resolving business issues.
The United Arab Emirates and the United States have signed a Framework on Securing Supply in the Mining and Processing of Critical Minerals and Rare Earths, on the sidelines of the US Critical Minerals Ministerial in Washington, D.C.
Union Bancaire Privée (UBP), one of the world’s largest family-owned private banks headquartered in Geneva, Switzerland, has appointed Fahd Iqbal as Head of Investment Services, Dubai.