Signit raises $15 million to scale AI contract management across Saudi Arabia
Signit lands $15 million to expand AI-powered contract review across Vision 2030 markets.
Middle East
Capital Group opens first Middle East office as regional expansion accelerates
Capital Group plans ADGM office to tap Middle East growth and build local presence.
Rain Financial snaps up Digital Ma’arefa to expand financial media reach
Rain Financial buys Digital Ma’arefa to integrate content with crypto trading services.
UAE banking sector shows renewed strength as major lenders report solid earnings
Recent results and relief measures point to a resilient UAE banking system.
Bank of Sharjah delivers record Q1 performance on stronger interest income
The lender reported Dh151 million in profit, driven by stronger interest income and growth.
Saudi lenders post strong Q1 profit growth as lending momentum stays resilient
Major Saudi lenders reported solid first-quarter profits driven by steady lending growth.
UAE banks extend Dh6.2 billion relief as economic support widens across key sectors
More than 65,000 UAE customers received loan deferrals, fee waivers and interest relief.
TotalEnergies‑Masdar JV locks in $2.2bn Asia renewables push, signalling oil majors’ pivot to Asia‑Pacific green assets
TotalEnergies and Masdar have launched a $2.2bn Asia‑focused renewables JV with 3GW operating and 6GW in the pipeline.
War‑driven oil surge pushes Saudi Arabia, Russia and Gulf majors to ramp up spare‑capacity plans through mid‑2026
Oil‑market tightness is pushing Saudi Arabia, Russia and Gulf producers to lean on spare capacity more heavily than expected.
ExxonMobil, Shell and TotalEnergies bet big on LNG as CEOs gather in Doha to back gas as a ‘transition anchor’
ExxonMobil, Shell and TotalEnergies are doubling down on liquefied natural gas as a transition bridge fuel amid regional supply shocks.
