PIF-backed Roshn In Talks With Banks To Raise $667mn In Early 2025: Report
In the shorter term, the Saudi developer expects to raise SAR 18 billion in total from local banks by the end of 2024 Read more
UAEs Debt Capital Markets Notch Up 13% Growth In Q3: Fitch Ratings
The surge in the debt capital market places the UAE fourth globally in all currencies, after Malaysia, Saudi Arabia, an... Read more
Binance CEO Richard Teng On The Future For Crypto, Growing Pains, And Running A Multi-billion Dollar Global Company
Today, Binance has 230 million users around the world, and of that figure, a staggering 50 million were added only this... Read more
UAE Banks Pass AED500bn In Capital And Reserves To Reach Historic High
UAE banks see capital and reserves climb by more than 10 per cent in a year Read more
Dubai Watchdog DFSA Slaps $100,000 Fine On Marketing Firm For Misleading Financial Promotions In DIFC
The regulator imposed a fine of $100,000 (AED367,000) on Vedas Marketing for two violations Read more
Bitget Introduces Bitget Pay For Instant Zero-fee Cross-border Cryptocurrency Transactions
The launch of the new payment system reflects the ongoing trend toward broader adoption of digital currencies, aiming t... Read more
UAE Sets November Deadline For Corporate Tax Registration: What Businesses Need To Know
The FTA has urged businesses to review the Corporate Tax Law and related guidelines on tax.gov.ae Read more
Saudi Arabias PIF Signs $51bn Of Deals With Japanese Financiers
PIF signs $51bn of deals as Saudi Arabia and Japan strengthen ties Read more
Gig Economy In Dubai: Emirates, Amazon, Careem And GEMS Education Team Up To Support Sandbox Initiative
Leading companies in Dubai collaborate on Gig Economy Sandbox initiative to develop emerging sector Read more
Crypto.com, Beyon Money Sign MoU To Enhance Payments And Transaction Services In Bahrain
The agreement envisages seeking joint innovation opportunities in artificial intelligence and open banking Read more
Saudi Arabias Riyadh Air Secures SAR 3bn Islamic Credit Facility Ahead Of 2025 Launch
Eight financial institutions have participated in the arrangement Read more
UAEs Non-oil Sector Drives Islamic Finance Expansion: S&P
The country’s insurance sector, both conventional and Islamic, is projected to expand by 15 to 20 percent, driven by ... Read more
Dubai Announces New Financial Misconduct Laws With Travel Bans And Asset Freezing For Offenders
Dubai amends Financial Audit Authority laws with penalties and appeal rules for violators Read more
Saudi Investments: PIF And Brookfield Team Up For $2bn Spending Boost
Saudi Arabia’s PIF and Brookfield Asset Management look ahead to $2bn investments in the Kingdom Read more
Middle East Needs Stronger Policies To Tap Into $900bn Green FDI Flows, Energy Expert Says
The region has seen limited green investment flows compared to Europe and the US despite offering the world's lowest re... Read more