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Economy Middle East Summit 2025
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Banking & Finance
Banking & Finance
Shuaa Capital streamlining business following $39.2 mn loss
Busines addressing non-cash expenses, optimisation measures
Banking & Finance
Bayzat receives funding from MBRIF to fuel expansion plans
Fund to be used to strengthen Bayzat's technical development team
Banking & Finance
Saudi’s PIF invests $1.3 bn in four Egyptian firms
"Deal in line with Egypt's plan to encourage FDI"
Banking & Finance
Kuwait Central Bank raises the discount rate by 25 bps
This is the second increase in discount rates in several weeks
Banking & Finance
IHC achieves net profits of $2.82 bn for H1
H1 total revenue increased 121% to AED 21.93 bn
Banking & Finance
The PIF launches the Saudi Egyptian Investment Company
Focusing on investing in several key sectors
Banking & Finance
Riyad Bank’s profits rise by 6.6 percent to SAR 1.6 bn in Q2
Driven by an increase in total operating income
Banking & Finance
Türkiye’s banking sector H1 net profit surges 400% yoy
As of end-June, sector loans totaled 6.3 trillion lira
Banking & Finance
UAE’s BNPL Tabby secures $150 mn financing
The firm's total capital raised to date amounts to $275 mn
Banking & Finance
TECOM Group net profits soar to AED 427 mn
An increase of 43.4 percent
Banking & Finance
CBUAE issues guidelines on dealing with politically exposed persons
Regulations to manage risks related to money laundering
Banking & Finance
UAE’s Ghitha’s net profits soar amid disrupted supply chains
Revenue for Q2 at a record peak of AED 576 mn
Banking & Finance
Foreign reserves in Saudi reach highest level since 2020
It increased by 3% to 1.683 trillion riyals
Banking & Finance
UAE’s banking sector assets increase in May
Assets rose 2.9% to 3.442 trillion dirhams
Bahrain
Euromoney names Ahli United best bank in Bahrain
AUB delivered outstanding performance and strong financial results
Banking & Finance
GCC’s financial wealth will reach $3.5 trillion in 2026
The Boston Group: The UAE is in a very good position
Banking & Finance
Samsung Q2 profits go through the roof
Profits increased to $10.8 bn
Banking & Finance
Amazon, apple beat expectations on revenues, profits
Offering reassurance to an earnings period weighed down by inflation
Banking & Finance
Alpha Dhabi Holding registers record results in 6 months
Profits amounted to AED 7.9 bn
Banking & Finance
Saudi’s Kingdom Holding invests $300 million in UK-based Phoenix
Within the strategy of investing in leading firms
Banking & Finance
UAE’s Borouge achieves big jump in profits, revenues in H1
Company registered revenue growth of 16.4%
Banking & Finance
Etihad Airways reports record profits in H1
As travel demand comes roaring back
Banking & Finance
UAE Central Bank imposes sanctions on 6 banks for compliance failure
For failing to comply with due diligence and reporting procedures
Banking & Finance
Kuwait Finance House’s quarterly profit surges to $223 mn
An increase of 31 percent
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