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Dubai’s FinTech Hub Ranking: A Growing Global Leader

Dubai’s FinTech hub ranking has reached a new high in 2025. The city is now one of the world’s top four centers for financial...

Multiply Group’s Big Move: Merges With 2PointZero and Ghitha

Multiply Group PJSC has announced a strategic business merger following its acquisition of stakes in 2PointZero and Ghitha Holding from International Holding Company (IHC)....

OpenAI and Amazon Signed $38 Billion Deal to Expand AI Computing Power

OpenAI and Amazon signed a $38 billion deal that will enable OpenAI to run its artificial intelligence systems using Amazon's data centres across the...

National Bank of Bahrain and Bank of Bahrain and Kuwait Sign MoU for Potential Merger

National Bank of Bahrain (NBB) and Bank of Bahrain and Kuwait (BBK) have signed a non-binding memorandum of understanding (MoU) to advance talks on...

Oman Signs 36 Tourism Development Contracts Worth 100 Million Rials

Oman’s Ministry of Heritage and Tourism announced it has signed 36 usufruct contracts totalling 100 million Omani rials ($260 million) during the first nine...

UAE Rolls Out Chip-Enabled E-Passport for Indian Expats 

Indian expatriates in the UAE will receive new chip-enabled electronic passports. This initiative is part of India's Global Passport Seva Programme (GPSP 2.0), which...

UAE Announces November 2025 Petrol Prices Amid Global Market Volatility

The UAE government has released November 2025 petrol prices reflecting ongoing fluctuations in global crude oil markets. Prices have been adjusted in response to...

British Banking Giants Relocate Headquarters to Riyadh 

Several leading British financial institutions are relocating or expanding their regional headquarters to Riyadh as part of a strategic push to deepen cross-regional collaboration...

Gulf Cement Company and Buzzi Unicem Form Cement Industry Powerhouse

Gulf Cement Company and Italy’s Buzzi Unicem have merged to create a regional powerhouse in the Gulf’s cement industry. This partnership combines Gulf Cement’s...

Japan Credit Bureau (JCB) is exploring a partnership with Saudi Telecom Company (STC)

Japan Credit Bureau (JCB) is in talks with Saudi Telecom Company (STC) Bank to form a partnership aimed at expanding card payment acceptance across...

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