Zawya

Saudi Arabia's Banque Saudi Fransi reported 16% year-on-year rise in Q1 2025 net profit at 1.34 billion riyals ($357million) on higher commission #income https://t.co/q4hCHP9unb

#GCC issuers are seen as a safe haven and will navigate tariff-related volatility, particularly if the US Federal Reserve cuts #interestrates https://t.co/nvP3f148zj

ADGM-based Neovision Wealth Management has taken over the management of The Residential REIT from Equitativa (AD) https://t.co/eTFEkquGYP

The volatility in #globalmarkets that supercharged #trading in the first quarter has stalled any rebound in investment banking – especially M&A advisory https://t.co/bu1Vc7Xpc8

#SharjahIslamicBank (SIB) commenced the year 2025 with strong financial performance during the first quarter, achieving a net #profit after tax of AED318.9 million, an increase of 24.6 percent compared to AED255.9 million in the first quarter of 2024 https://t.co/edODTRbYqj

ADGM-based Neovision Wealth Management has taken over the management of The Residential REIT from Equitativa (AD) https://t.co/eTFEkquGYP

Abu Dhabi’s state-owned #ADQ has formed a joint venture with International Holding Company (IHC) and Modon Holding to set up an infrastructure platform for large-scale, high-impact developments https://t.co/DEcsQV1tCo

#MajidAlFuttaim plans to #invest 5 billion dirhams ($1.36 billion) to transform the Mall of the Emirates into what it describes as a next-generation lifestyle destination to mark the mall's 20th anniversary https://t.co/1X6uYy7Dpj

#WATCH: #Investors poured $127.5 million into start-ups across the #MENA region last month https://t.co/Gx5CsFVJsq https://t.co/P9BEFM01cc

#GCCbanks face limited direct impacts from #tariffs. However, they may experience indirect impacts, such as deteriorating credit conditions, if some corporates see weaker profitability following US government #tradetariffs https://t.co/Hq7ajr538F

International Finance Corporation (#IFC), a World Bank Group member, has signed three agreements to bolster #Oman's #sustainablefinance market and empower the private sector to drive #jobcreation and #economicdiversification https://t.co/lJMvr1i8i8

Lazard Inc is establishing a financial advisory office in Abu Dhabi, the latest in a recent spate of global asset management firms courting clients in the region and cementing the #UAE’s role as an alternative to global #financial hubs https://t.co/oT9sJqejo1

The initial public offering (#IPO) of Saudi healthcare education firm Future Vision for Health Training saw a huge #demand from #investors, with coverage reaching more than 500% of total offered #shares https://t.co/obXHeaf9Sk

Abu Dhabi Securities Exchange (#ADX) posted strong performance in the first quarter of 2025 compared to the same period in 2024, driven by significant increases in liquidity and #investment activity, particularly from foreign and institutional investors https://t.co/0bSXG9wQBC

#Bahrain’s Ithmaar Holding is working with a major shareholder to secure a #capital injection https://t.co/5DzCnmKqUs

Abu Dhabi Securities Exchange (ADX) posted strong performance in the first quarter of 2025 compared to the same period in 2024, driven by significant increases in #liquidity and #investment activity, particularly from foreign and institutional investors https://t.co/s6Wnwwm6VX

#WATCH: #GCC issuers are expected to remain resilient, although credit conditions in emerging #markets may weaken over the coming quarters https://t.co/vUj3HSnliS https://t.co/nDaqmC1QdE

Al Ansari Financial Services, one of the leading integrated #financialservices groups in the UAE and the parent of Al Ansari Exchange announced the successful completion of its #acquisition of BFC Group Holdings https://t.co/lRsGLu9Gfe

Saudi Arabia’s Service Equipment Co., which is selling 30% of its issued share capital in an #IPO, has set the offer price range at between 80 and 84 Saudi riyals ($21.33 and $22.40) per share https://t.co/482FqDfVDs

The local currency #debt market in the Middle East is expected to gain traction through large sovereign issuances this year, with Qatar and Kuwait emerging as important players https://t.co/cPH06yNcdE