Business

GlobalCorp for Financial Services successfully issues EGP 1 billion in short-term debt, marking its entry into the bond market.

O Bunkering and Marafi Services merge to form a unified entity, boosting Oman’s maritime logistics capabilities.

HPDC and MBRF finalize $2.07 billion Sadia Halal deal, enhancing Saudi Arabia’s halal food sector.

Reem Finance has transitioned into Reem Bank, appointing Sara Al Binali as CEO to drive growth and innovation.

KFH-Bahrain recognized as Best Islamic Financial Institution and Best Bank in Bahrain 2026 by Global Finance.

EMSTEEL Group earns Quality and Compliance Award, highlighting its commitment to sustainable manufacturing and regulatory excellence.

Kuwaiti equities show strong recovery in April 2026, supported by easing geopolitical tensions and robust earnings.

Dubai Investments is set to decide on an IPO for its real estate unit by May 15, amid regional tensions affecting market conditions.

The Euro has fallen against the Dollar, indicating potential market shifts amid trading pressures.

Mubadala and Tubacex officially launch a joint venture for OCTG solutions in Abu Dhabi, enhancing local manufacturing capabilities.