Shareholders of Abu Dhabi Islamic Bank (ADIB) have approved a rights issue to raise about AED 1.75 billion to fund growth under the lender’s Vision 2035 strategy, following a General Assembly vote on October 6.

Bahrain’s Fintech Forward 2026 concluded on October 8 at Exhibition World Bahrain with more than 60 memorandums of understanding, strategic agreements and announcements spanning digital payments, trade finance, artificial intelligence and financial infrastructure.

The Abu Dhabi Projects and Infrastructure Centre (ADPIC) has signed an agreement with Elon Musk’s The Boring Company to assess underground transport, utility tunnels and related infrastructure across the emirate.

Precision medicine in the Middle East is forecast to grow by 10 to 12 per cent over the next five to seven years, according to a new Frost & Sullivan report produced for World Health Expo (WHX).

The UAE ranks first globally for citizen satisfaction with government digital services, with 89% of respondents rating them highly in Boston Consulting Group's sixth Digital Government Citizen Survey, launched on the opening day of AI Everything Abu Dhabi.

Dubai CommerCity, the region's first free zone dedicated to digital commerce, has launched a second expansion phase valued at more than AED 1.8 billion, adding over 91,000 sqm of office, retail and logistics space across its Business, Logistics and Social clusters.

Outward workers' remittances from the six GCC states reached approximately USD 161 billion in 2025, making the bloc the world's largest source of outbound remittance flows.