Saudi Arabia's Humain moves to raise $2.5 billion data centre fund under BSF Capital
Public Investment Fund-owned Humain is seeking an initial $2.5 billion from global and domestic investors for a BSF Capital-managed vehicle financing 250 megawatts of Saudi data centre capacity.
Asian banks resume Gulf lending in August as borrowers seek over $6.8 billion
Asian lenders resumed financing Gulf borrowers in August, backing deals for borrowers including Qatar National Bank, Boubyan Bank and Kuwait's sovereign wealth fund, with Gulf financing requests totalling more than $6.8 billion.
ICBC lists USD 713 million dual-currency green bond on Nasdaq Dubai
ICBC has listed a dual-currency green bond on Nasdaq Dubai comprising a USD 300 million three-year FRN and a CNH 2.8 billion fixed tranche, together worth USD 713 million.
Bahrain's AMEX Middle East to acquire 50% of American Express Saudi Arabia from Saudi Investment Bank for SAR 1.43 billion
AMEX (Middle East) has agreed to buy the 50% stake in American Express Saudi Arabia held by The Saudi Investment Bank for SAR 1.43 billion in cash plus deferred consideration.
Egypt's Central Bank holds key policy rate at 19 percent to anchor inflation expectations
The Central Bank of Egypt kept its key interest rate at 19 percent, citing the need to maintain sufficiently tight monetary conditions to anchor inflation.
Colombia's Yuno raises $45 million Series B led by Global PayTech Ventures
Colombian payments orchestrator Yuno raised $45 million in Series B funding led by Global PayTech Ventures, taking total funding to $80 million across three rounds.
UAE: HSBC Private Bank appoints Feras Al Jarmani to lead its UAE market
HSBC Private Bank has appointed Feras Al Jarmani to lead its UAE Market, unifying UAE private banking teams under a single leadership as part of the group's wealth hub strategy.
Nigerian-founded Moove raises USD 250 million Series C at USD 2.1 billion valuation led by Mubadala
Nigerian-founded mobility fintech Moove has raised USD 250 million in a Series C round led by Mubadala at a USD 2.1 billion valuation to scale its autonomous vehicle business.
India's Mintoak acquires Dubai-headquartered loyalty technology firm ICC Loyalty
Indian bank platform fintech Mintoak has acquired Dubai-headquartered loyalty technology firm ICC Loyalty to expand its footprint across the Middle East, Africa, Eastern Europe and Asia.
UAE's Emirates NBD Egypt to acquire retail banking business of HSBC Bank Egypt
Emirates NBD Egypt has agreed to acquire the retail banking business of HSBC Bank Egypt, with completion expected in the second half of 2027 subject to regulatory approvals.
Abu Dhabi Islamic Bank posts record H1 2026 pre-tax profit of AED 4.3 billion, ROE of 28%
ADIB reported a record H1 2026 pre-tax profit of AED 4.3 billion, up 9% year on year, with return on equity of 28%.
Mashreq Bank Q2 2026 net profit jumps 26% to AED 2.07 billion, beating analyst estimates
Dubai's Mashreq posted Q2 2026 net profit of AED 2.07 billion, up 26% year on year, beating analyst estimates, according to Reuters.