Tuesday 21 April 2026
 
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EvolutionX expands into GCC; aims to fund tech-enabled firms

EvolutionX Debt Capital, a growth-stage debt platform established by Singapore’s Temasek and DBS Bank (Southeast Asia's largest bank by assets), has announced its entry into the Gulf Cooperation Council (GCC) region.    This strategic expansion is

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ALEC Holdings IPO raises $381m; market cap hits $1.91bn

ALEC Holdings, a market-leading diversified engineering and construction group, today announced that it  successfully completed the book building and subscription process for its IPO on September 30, raising  AED1.4 billion ($381 million) in the offering.  

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Bahrain Bourse appoints Al Ramz as financial advisor to support enhancement

Bahrain Bourse (BHB), a licensed exchange regulated by the Central Bank of Bahrain, has appointed Al Ramz Corporation, a leading regional financial services group, as its financial advisor to support the formulation of a comprehensive capital market development plan to further strengthen Bahr

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NBB, Banco BPM deal to strengthen Bahrain-Italy trade

National Bank of Bahrain (NBB) has signed a landmark framework agreement with Banco BPM S.p.A., one of Italy’s leading joint stock banking institutions, to strengthen bilateral trade and investment between Bahrain and Italy.   The agreement was signed duri

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Mideast firms 'can unlock $54.7bn trapped in balance sheets'

Middle East companies could unlock up to $54.7 billion if working capital efficiency improves, according to a PwC Middle East study.   Companies across the Middle East released significant liquidity in 2024, with net working capital (NWC) days improving by six d

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NBB Group launches ‘Expert Talks’ to foster knowledge sharing

The National Bank of Bahrain Group (NBB Group) has launched NBB Group Expert Talks, a knowledge sharing platform designed to recognise the wealth of expertise within the organisation, cultivate a stronger culture of learning, foster cross-functional collaboration, and promote informative dial

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Fintech Forward 2025 in Bahrain set to welcome UK delegation

Bahrain Economic Development Board (Bahrain EDB), in collaboration with the United Kingdom's Department for Business and Trade (DBT), is set to host a delegation from the United Kingdom (UK) next month at Fintech Forward 2025 (FF25) in Bahrain.   This strate

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Iraq announces $450bn investment opportunities at key summit

Iraq's Prime Minister Mohammed S. Al-Sudani will be showcasing more than 160 promising investment opportunities across multiple sectors worth a whopping $450 billion at a key event in capital Baghdad, said a news report.    The dedicated conference will

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Bahrain Bourse wins big at Euromoney Capital Markets Awards

Bahrain Bourse, a licensed exchange regulated by the Central Bank of Bahrain, has been awarded the 'Best Exchange for Financial Literacy in the Middle East' at the Euromoney Capital Markets Awards 2025.    This recognition highlights the exchange&rs

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Nasdaq Dubai welcomes Arada’s $450m oversubscribed sukuk

Nasdaq Dubai has welcomed the listing of a $450 million sukuk issued by top UAE-based master developer Arada. Issued under Arada Sukuk 2’s $1 billion trust certificate issuance  programme, the sukuk matures in 2030.   The offering was oversubscribed m

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