Tag: Finance
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Kuwait Investment Authority Grows Assets to USD 969 Billion, Reinforcing Gulf’s Sovereign Wealth Dominance
The Kuwait Investment Authority has grown its assets under management to an estimated USD 969 billion in 2026, maintaining its position as one of the world's five largest sovereign wealth funds and continuing its strategy of diversifying Kuwait's national wealth across global equities, private equity and infrastructure.
Bahrain FinTech Bay: Kingdom Becomes Gulf’s Digital Finance Capital with 500 Registered Fintech Firms
Bahrain has emerged as the Gulf's leading fintech destination, with FinTech Bay hosting over 500 registered companies across Islamic finance, payments, digital banking and insurtech sectors — supported by the Central Bank of Bahrain's sandbox regime, the most permissive in the region.
DIFC Crosses 10,000 Active Registered Companies as Dubai Cements Role as Global Financial Hub
Dubai International Financial Centre has reached 6,500 active registered companies in 2026, surpassing London as the world's leading financial centre for emerging market connectivity, with a combined ecosystem value exceeding USD 12 billion and record new firm registrations.
GCC Economy to Grow 4.4% in 2026: Oxford Economics Forecasts Credit Boom and Non-Oil Expansion Across All Six States
Oxford Economics forecasts GCC real GDP growth of 4.4% in 2026, driven by strong domestic demand, non-oil sector expansion across all six states, and elevated credit growth supported by interest rate cuts — with the region's combined economy worth over USD 2.1 trillion.
UAE Central Bank: Economy Set for 5.6% Growth in 2026 as Banking Assets Surpass AED 5.47 Trillion
The UAE Central Bank projects 5.6% GDP growth for 2026, with banking sector assets exceeding AED 5.472 trillion, credit rising to AED 2.63 trillion, and non-oil foreign trade hitting AED 2,530 billion in the first nine months of 2025 — while Moody's and S&P maintain top-tier credit ratings.
