Riyadh, Saudi Arabia: HSBC has strengthened its Capital Markets and Advisory franchise in Saudi Arabia with the appointment of three senior bankers across its mergers and acquisitions (M&A), equity capital markets (ECM), and leveraged and acquisition finance (LAF) businesses, reinforcing the bank’s long-term commitment to the Kingdom and the wider Middle East. The appointments, which […]
Switzerland, Zug / UAE, Abu Dhabi: Building on its position as Switzerland’s leading crypto financial services provider, Bitcoin Suisse is further accelerating its international expansion. Bitcoin Suisse Group’s subsidiary, BTCS (Middle East) Ltd. (“BTCS ME”) has received Financial Services Permission (FSP) from the Financial Services Regulatory Authority (FSRA) of ADGM, the international financial centre of Abu Dhabi, […]
Manama, Bahrain – stc pay Bahrain, Bahrain’s most innovative and accessible mobile wallet for digital financial transactions, has joined forces with Mastercard to launch Click to Pay as a core card feature, becoming one of the first in the Kingdom to enable this default core card capability on eligible cards. Feature allows stc pay Bahrain cardholders […]
Dubai, United Arab Emirates: The Dubai Financial Services Authority (DFSA), the independent banking, financial services, and markets regulator of Dubai International Financial Centre (DIFC), today published Consultation Paper No. 173 (CP 173), proposing significant updates to its Collective Investment Fund framework. The DFSA’s funds framework was established in 2006, and these proposals mark its most significant review […]
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 […]