Middle East Business News

UAE Secures Over $30bn In Crypto Investments In Just One Year: Report

With a proactive regulatory framework, the UAE presents investors with a balance between innovation and security

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DIFC Partners With Lloyds To Boost Future Talent In Insurance Sector

The agreement, which envisages a longstanding partnership, will help support development of a talent pipeline into the ... Read more

Paymob Secures UAE Central Bank License For Retail Payment Services

The regulatory nod also enables the company to provide merchants with its full suite of omni-channel solutions Read more

Open Banking Fuels GCC Fintech Boom As UAE, Saudi Lead Regional Growth Surge

The open banking payments volume in the GCC is projected to quadruple to over $930 billion by 2028 from $230 billion in... Read more

Saudi Arabia Leads Region With 178 Venture Capital Deals Last Year

Saudi venture capital funding is supporting business startups in the Kingdom Read more

UAE Gold Reserves Reach $6.7bn

CBUAE gold reserves surged by 34.8 per cent in the first 10 months of 2024 Read more

UAE Issues Limited Edition Silver Coin To Mark Central Banks 50th Anniversary

CBUAE issues limited edition 50th anniversary Golden Jubilee coin Read more

Mastercard, Ruya Collaborate To Bring Innovative Digital Products To UAEs Islamic Banking Landscape

The bank will benefit from the services of Mastercard Advisors, which employs more than 3,000 consultants in 53 countri... Read more

Saudi Banks Eye Global Capital Markets For Vision 2030 Growth Funding: S&P

Banks are also poised for stable profitability in 2025 on stronger credit growth Read more

CBUAE Reports $1.21 Trillion In Bank Assets By End Of October

Banks’ deposits increased by 1.5%, from AED 2,761.4 billion at the end of September to AED 2,802.5 billion at the end... Read more

DIB Increases Stake In Türkiyes Digital Bank To 25%

The move follows the initial acquisition in September 2023, further cementing DIB’s presence in Türkiye’s dynamic ... Read more

Saudi Commercial Registrations Surge By 60% In 2024

The registrations covered various economic sectors, with wholesale and retail trade, construction, accommodation and fo... Read more

KKR Invests $5bn In Dubais Gulf Data Hub

Gulf Data Hub and KKR announce $5bn investment in Dubai-founded firm Read more

Abu Dhabis Numou Offers Lending Support To SMEs

Numou is expanding its lending partner network in Abu Dhabi Read more

Saudi Future Minerals Forum Ends With $28.5bn Of Deals

126 agreements and deals worth $28.5bn signed at Future Minerals Forum in Saudi Arabia Read more