Middle East Business News

Al Ansari Financial Services Acquires BFC In $200mn Deal

The acquisition makes Al Ansari Financial Services the largest non-banking financial institution in the GCC region in t...

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India-based Ambit Global Private Client Expands Footprint Into Dubai

The new entity, Ambit Global Private Client (MENA) Limited, is the result of the strategic acquisition of Dubai-based M... Read more

UAE Bank Investments Rise To $202bn In January 2025

This represents a 16.1 percent growth compared to January 2024, according to the Central Bank of the UAE's latest banki... Read more

UAE Tax Authority Launches New Moáther Package To Support Influencer Tax Compliance

FTA aims to support business sectors by providing them with tools for self-compliance with UAE tax legislation Read more

UAE Exchanges, Fintechs Brace For Trump Tariffs Impact On Remittances As Global Trade Tensions Mount

Money transfer firms in Dubai are bracing for currency swings as Trump’s tariffs shake global trade, impacting remitt... Read more

Telr Expands Saudi Presence Through Strategic Partnership With Saudi Awwal Bank

The partnership will provide merchants with access to a comprehensive suite of payment solutions Read more

Revealed: UAE, Middle East Fast Emerging As Global Capital For Private Wealth Management

Ongoing global market turbulence drives wealthy elite to safer markets like the UAE and wider Middle East after sufferi... Read more

Tap Payments Obtains UAE Central Bank Licence For Payment Services

The digital payments industry in the UAE continues to expand rapidly, with transaction values projected to reach $80.37... Read more

Al Salam Bank And Eagle Hills Diyar To Ease Real Estate Financing For Clients   

The Manama bank to offer Eagle Hills customers competitive profit rates, a grace period of up to six months and loyalty... Read more

Pakistans Haball Secures $52mn Pre-Series A Funding Round, Eyes Saudi Arabia Expansion

The Sharia-compliant fintech Haball is exploring additional market entries across the Middle East, including the UAE an... Read more

UAE Announces Tax Update

UAE Ministry of Finance announces tax rules for non-resident investors Read more

UAE Announces Major New Tax Rules

UAE introduces Cabinet Decision to amend tax rules and attract investment Read more

UAEs Maseera Acquires Egyptian Fintech ADVA

The move marks a critical milestone in Maseera’s regional expansion strategy Read more

Oman Mandates IBAN For Domestic Transfers From July 2025

The move follows the Oman Central Bank's implementation of the IBAN system for international transfers from March 31, 2... Read more

Egypt And Jordan Thank The European Parliament For New Financial Aid

The European Union members recently approved loans worth $4.4 billion in three instalments to Egypt and $555 million to... Read more