Kuwait Finance House has agreed to sell its 18.18% in the UAE’s Sharjah Islamic Bank for AED1.29 billion ($351 million), pending regulatory approvals. The sale...

The National Bank of Bahrain (NBB) has announced that it has increased its shareholding in SICO Bank from 12.51% to 21.07%. The NBB Group...

Al Ansari Financial Services (AAFS) has signed a sales and purchase agreement to fully acquire Bahrain's BFC Group Holdings (BFCGH) for $200 million. This acquisition...

Abu Dhabi’s Advanced Technology Research Council (ATRC) is set to launch three new ventures this year to enhance research and development in the UAE. The initiatives will focus on data security in the quantum era, advancements in smart autonomous mobility, and AgriTech through robotic technologies. These projects, aimed at converting research into market-ready products and services, will be executed by ATRC's commercialization arm, VentureOne.

Dubai Police issued an announcement for residents who may notice drones flying in their areas.

Saudi Arabia’s Al Moammar Information Systems and Saudi Fransi Capital have partnered to explore launching cloud services for the Kingdom’s AI market.

The Dubai Department of Economy and Tourism (DET) has announced the appointment of Dr. Marwan Alzarouni as the CEO of AI. This new role underscores DET's commitment to integrating AI into its operations and enhancing Dubai's position as a global hub for innovation.

According to the EY MENA IPO Eye Q2 2024 report, IPO activity in the MENA region remained resilient with 14 IPOs raising US$2.64b in...

London, UK, June 14, 2024 – The cryptocurrency market is experiencing a remarkable resurgence in 2024. After plummeting to record lows in 2022, Bitcoin,...

Dubai approved the appointment of 22 chief AI officers to major government departments on Sunday, aiming to advance a high-tech future vision. Sheikh Hamdan bin...