Finance

South Korea’s Foreign Reserves Climb to $427.95 Billion in July

South Korea's foreign reserves increased to $427.95 billion in July, up from the previous month,…

Dukhan Bank Activates J.P. Morgan Kinexys Platform for 24/7 Cross-Border Payments

Dukhan Bank on August 4, 2026 became Qatar's first Islamic bank to go live on…

Mining Gains Push Qatar Industrial PPI Up 2.75 Percent in May 2026

Qatar's PPI for industrial sector for May 2026 increases by 2.75% to 123.01 points with…

Inflation in Qatar Edges Higher With CPI Rising 2.21 Percent in June

Qatar's consumer price index rose 2.21 percent in June 2026 from a year earlier to…

Non-Oil Activities Power UAE’s 3% Economic Expansion During January-March 2026

The UAE economy grows by 3% in Q1 2026 driven by strong non-oil sector performance…

DAAM Partners with Qatar Social Work to Fund Vocational Training for Youth with Disabilities

The Social and Sport Contribution Fund (DAAM) and the Qatar Foundation for Social Work signed…

Kem Enters CNBC’s Fintech 500 as Abu Dhabi’s Only Digital Assets Entry

Kem Joins CNBC's Fintech 500 With an Abu Dhabi Address | Kem is the only…

Alpha Dhabi Holding Lifts First-Half Net Profit 48 Percent to AED 9.8 Billion

Alpha Dhabi Holding announced this week that its net profit for the first half of…

Qatar Islamic Bank Facilitates Baladna Rights Issue Subscriptions via App and Branches

Qatar Islamic Bank said on August 2, 2026, that it enables eligible customers to subscribe…

Nebras Energy Achieves QR580mn Net Profit as Revenue Rises in First Half

Nebras Energy Q.P.S.C. reported a net profit of QR580mn for the first half of 2026…

Low Water Levels on Danube and Rhine Slash European Power Output and Freight Volumes

Record low water levels on major European rivers this week have reduced electricity generation at…

UAE’s Emirates NBD Acquires HSBC Egypt Retail Banking Unit in Expansion Move

Emirates NBD announced on August 2, 2026, that its Egyptian subsidiary signed definitive agreements to…