Abu Dhabi, United Arab Emirates: The Abu Dhabi Securities Exchange (ADX) Group today announces the removal of daily price limits for Exchange Traded Funds (ETFs) and futures contracts listed on the Exchange, reinforcing its commitment to a more efficient, liquid, and investor-responsive market. This will be in effect from 3 August 2026. ADX The initiative is designed […]
By: Hamna Shakeel An economic corridor built on code and capital is quietly formalizing across the Arabian Sea. Following the enactment of the landmark Virtual Assets Act of 2026, the State Bank of Pakistan (SBP) issued BPRD Circular Letter No. 10 of the same year, which would dismantle an eight-year blanket prohibition on digital asset banking – fundamentally re-engineering the […]
Dubai United Arab Emirates: Standard Chartered global research today announced its latest economic analysis, forecasting stronger momentum in UAE business activity during the third quarter of 2026, as regional tensions ease and attention shifts to the speed and scale of the GCC’s economic recovery. The Bank’s analysis indicates that the UAE’s June S&P Global Purchasing Managers’ […]
Strategic collaboration creates clear pathways for investors, family offices, UHNWs, corporates, and family-owned businesses to establish and expand in the emirate Partnership supports the Dubai Economic Agenda, D33, by contributing to FDI attraction, global wealth, entrepreneurial talent, and long-term business growth Dubai, United Arab Emirates: The Dubai Department of Economy and Tourism (DET) has signed an […]
ADGM-based platform will be chaired by HRH Prince Khaled bin Alwaleed bin Talal, with Moustafa Fahour OAM appointed as CEO and Managing Director Platform to target US$5bn AUM in 4 years Global master developer Arada will launch Arada Capital, a new funds management platform to develop and manage institutional-grade investment opportunities across real estate asset […]
AlGhamdi to lead Microsoft Arabia as the company prepares for the launch of its Saudi Arabia cloud region and continues to support the Kingdom’s AI and digital ambitions . Microsoft appoints Ayman AlGhamdi as President, Microsoft Arabia, effective July 5, 2026. AlGhamdi brings 14 years of experience at Microsoft, most recently serving as Vice President, Public Sector in Saudi Arabia, where he worked […]
Dubai, UAE: Emirates NBD, a leading banking group in the Middle East, North Africa, and Türkiye (MENAT) region, and Techstars, one of the world’s leading startup accelerators, announced a strategic partnership to drive AI and FinTech innovation in the region. The collaboration marks a shift from traditional startup mentorship towards a commercially driven “Acceleration-to-Enterprise” model, designed […]
Visa has unveiled new capabilities under Visa Accept and Visa Direct that turn smartphones into payment tools for small businesses, part of a global push the company said is already relevant to Qatar’s high contactless retail environment. The rollout, announced globally on June 30, targets microsellers and merchants in emerging markets, allowing them to accept […]
DUBAI: Dubai’s Roads and Transport Authority (RTA) has announced the completion of 72% of the project to develop and upgrade the existing nol system, Dubai’s Nol Card to work like a bank card currently operating on card-based ticketing (CBT), into a digital payment system powered by account-based ticketing (ABT). The upgraded system will be the […]
NBK Wealth, the region’s leading wealth management group, has been named Kuwait’s Best for Next-Gen 2026 by Euromoney, the leading global financial publication, as part of its 2026 Private Banking Awards. This recognition reflects NBK Wealth’s excellence in spreading awareness of the value of investment among future generations and equipping them with the skills they […]