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A new study by Stitch finds that fragmented systems and outdated infrastructure are holding back financial innovation across Saudi Arabia and the UAE — even as the region’s digital banking market accelerates. With 84% of Saudi banks planning to modernize their technology within 12 months, the shift toward unified platforms is becoming a necessity, not a choice.
22/01/2026
China is launching the first regular Arctic cargo route to Europe, offering faster journeys and lower fuel costs as melting ice and Red Sea risks reshape global shipping.
ADNOC Distribution’s Q2 profit nearly doubled to AED 1.32 billion, driven largely by higher fuel prices and inventory gains despite almost flat fuel sales.
Central banks’ efforts to keep markets stable may be creating unintended risks. Emergency lending and market backstops have encouraged highly leveraged government bond trades, potentially lowering borrowing costs while increasing financial vulnerabilities that could require further intervention during the next crisis.
Space42’s first-half results, with revenue up 15% and satellite-to-phone services on standard devices targeted for commercial rollout by the end of 2026, are the kind most space companies globally can’t show, and that’s what makes the regional story worth a closer look
13/08/2026
