Friday, November 13, 2026

Anand Kumar

NCB and Samba announce merger to form Saudi Arabia’s $220 billion mega-bank

Merger of NCB and Samba creates ‘national champion and regional powerhouse’ DUBAI: Two of Saudi Arabia’s biggest banks signed a deal on Sunday for a merger to create a “national champion” for the Kingdom and a “regional powerhouse” for the...

Arab News launches new ‘Research and Studies Unit’ in Riyadh

Experts will produce research studies and by-invitation roundtable discussions and policy briefings would be held at the new unit RIYADH: Arab News, the Middle East’s leading English-language daily, has announced the establishment of a new Research and Studies Unit (RSU)...

Investcorp sells UK industrial properties for £53.5m

Blackstone's last-mile logistics real estate unit Mileway acquires the seven-asset portfolio Bahrain-listed alternative investment management firm Investcorp completed the sale of a portfolio of seven industrial real estate assets in the UK to Mileway, a pan-European last-mile logistics real estate...

Outgoing Royal Jordanian CEO sees more airline consolidation with regional travel set for faster recovery

Weaker carriers are likely to exit the market with possibly more regulation setting into the industry post the pandemic The airline industry will see a revival of local and regional travel before long-haul routes rebound, in line with International Air...

Saudi Arabia’s NCB and Samba agree to $15bn merger that will create kingdom’s largest lender

Tie-up will create the third-largest bank in the Arab world, with $223bn in assets National Commercial Bank, Saudi Arabia’s biggest lender, agreed to merge with Samba Financial Group in a deal that will create the Arab world’s third-biggest banking entity...

FTA introduces new version of eDirham system to pay taxes

Tax registrants have until October 31 to register with the new platform The Federal Tax Authority of the UAE on Monday introduced a new version of the eDirham system in an effort to collect tax payments without interruption. UAE tax registrants...

Property of the week: A Dh15.5 million oasis set within the greenery of Al Barari, Dubai

This four-bedroom home at The Nest is a sanctuary that looks out to a forest There is no doubt that the UAE is home to some spectacular properties. From penthouse apartments to plush villas with sprawling gardens and incredible pools,...

Al Ahsa: Inside Saudi Arabia’s Guinness World Record-holding oasis

Al Ahsa is home to more than 2.5 million palm trees and is the largest self-contained oasis in the world Towering palm trunks and the sound of rushing water are two constants in what is now officially the world's largest...

Luxury for less: Five Maldives hotels you can book for under Dh1,000 a night

Wildly stunning surrounds and sun-drenched stays await at these cut-price island hideaways Having reopened to tourists in July, the Maldives is attempting to lure travellers back to its shores by offering socially distanced stays coupled with cut-price room rates. Across the...

Embassies issue warning as Dh315 a week fines introduced for expired UAE visas

Officials said some jobseekers stayed on beyond the amnesty in the hope of finding work Embassies on Sunday urged their citizens to ensure their UAE residency visas were valid, because the grace period to renew had ended. Officials said some people...

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Microsoft Outlook and Teams outage disrupts global businesses, experts call for resilience

A widespread Outlook and Teams disruption hit Thursday, leaving many organisations unable to access email. Industry voices highlight the risks of centralized cloud services and urge robust contingency measures.

Thrissur Singer Mahfooz Kamal Wins UAE Mappilappattu Contest While Working in Dubai

Mahfooz Kamal, a young vocalist from Thrissur, has secured first place in a UAE‑based Mappilappattu competition while maintaining a sales role in Dubai. His achievements add to a series of state‑level titles earned since 2016.

GFH aims to double assets to $50bn, seeks Saudi listing and Bahrain stake buyout

GFH announced a target to increase managed assets to $50 billion within three years, driven by strategic acquisitions. The group also plans to acquire a controlling share in Al Saif Real Estate and consider a Saudi market listing.

Bahrain Hosts Sixth GCC Cyber Defence Exercise with Five Member Nations

The sixth Gulf cyber exercise took place in Bahrain, bringing together cybersecurity experts from five GCC countries. Leaders highlighted the importance of coordinated training and skill development.

Rohit Sharma greets audience in Malayalam, hails Sanju Samson as favourite “Chetta”

Rohit Sharma surprised a live audience by using Malayalam on his “Family Full House” program, naming Sanju Samson as his favourite “Chetta.” The exchange sparked applause as the duo prepares for the ongoing ODI series in New Zealand.