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Dubai Investments announces key leadership appointmentsDubai Investments has announced that it has promoted Mushtaq Masood to the post of Chief Operating Officer (COO). Masood was till now the Group Chief Financial Officer (CFO). As COO, he will be responsible for leading the group’s operational strate More… |
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Bahrain sees robust pipeline of financial institutions, 16 licences approvedThe Central Bank of Bahrain (CBB) has reported a significant increase in financial institution licensing, with 16 new financial firms approved and 52 additional applications underway from early 2024 through mid-2025. This surge highlights Bahrain’s growi More… |
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CBB issues framework for regulating stablecoin issuanceThe Central Bank of Bahrain (CBB) has announced the introduction of a framework for licensing and regulating stablecoin issuers, aimed at ensuring the safe and sound integration of stablecoins into the financial system. Under the new stablecoin regulation, lic More… |
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Saudi e-commerce sale soars to a record $18.4bn in Q1The e-commerce sales in the Kingdom of Saudi Arabia via "Mada" cards for the first quarter surged to a new high hitting over SAR69.3 billion ($18.4 billion), achieving an annual growth of 56% and an increase of SAR25 billion ($6.6 billion) compared to the same period in 2024, during More… |
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Abu Dhabi Exchange joins HSBC, FAB to launch region’s first digital bondAbu Dhabi Securities Exchange (ADX) has announced the commencement of the pricing stage as the initial step toward listing the first-ever, distributed ledger technology (DLT)-based bond in the region. Issued by First Abu Dhabi Bank (FAB) using HSBC Orion, a ma More… |
