Monday, November 9, 2026

Gulf banks

Strong performance of Gulf banks in the first quarter of 2024

The performance of Gulf banks in the first quarter of 2024 shows resilience and strength in the face of economic challenges, with expectations of continued growth in the future. The results of the first quarter of 2024 showed a remarkable...

UAE Banks Lead Regional Revenue Surge as Digitalization Slashes Branch Costs Across Gulf

Saumitra Sehgal, Head of Financial Services in the Middle East at Roland Berger, a global strategy consultancy, said that the revenue of the UAE bank branches is the highest in the region at US$18.6 million per branch for retail...

Latest News

UAE Extends Condolences to Egypt After Fatal Train Collision Near Cairo

The UAE’s foreign ministry sent condolences to Egypt after a deadly train collision near Cairo. The accident left seven dead and over a hundred injured, prompting calls for accountability.

Rewaq Institute launches second phase of free UAE worker health and safety training

The Rewaq Educational Institute has started the second phase of its free training program for workers in Dubai, focusing on first‑aid, fire safety and mental health. Backed by UAE authorities, the initiative aims to reach over 5,000 laborers directly and 15,000 indirectly.

DHL Express Bahrain to Open $85.1 Million Aircraft Maintenance Hub and Direct Flight to Johannesburg

DHL Express Bahrain’s CEO Majid Taha confirms the launch of a $85.1 million aircraft maintenance centre at Bahrain International Airport and a direct cargo line to Johannesburg. The moves underscore Bahrain’s strategic position in regional and global logistics networks.

UAE airlines scramble as regional tensions trigger flight suspensions and delays on

Airlines operating from the United Arab Emirates are revising timetables and cancelling routes as tensions rise around the Strait of Hormuz and broader regional security worries. Flights to Iran remain suspended, while services to Israel and Saudi Arabia face ongoing restrictions.

President appoints Gadi Eisenkot to attempt coalition after Israel election deadlock

President Isaac Herzog has tasked former military chief Gadi Eisenkot with building a coalition after a stalemated election. Eisenkot faces limited options and a tight deadline.