Middle East Business News

Revealed: UAE Emerging As Hotbed For Global Hedge Funds As Funds Embrace Digital Assets In A Big Way

Most hedge funds are also participating in funding rounds involving promising firms coming up in the sector in the UAE ... Read more

Saudi Arabias PIF Pivots To Domestic Focus, Eyes AI Revolution, Says Al-Rumayyan

The fund is reportedly in early discussions about a potential AI partnership worth up to $40 billion with venture capit... Read more

Beleaguered Boeing Launches $22 Billion Share Offering

Airline major to launch public offerings of 90 million shares of common stock and $5 billion of depositary shares Read more

UAE Investment Firm Seventy Ninth Group Doubles Funding To $648k For UK Metals Explorer Amid Soaring Gold Prices

The increase from £230,000 to £500,000 reinforces The Seventy Ninth Group’s strong commitment to supporting First C... Read more

UAE Gives Some Taxpayers Until The End Of Month To Submit Applications Or Face Fines

UAE authorities have outlined deadlines for tax regulations which must be submitted this month Read more

Dubai Real Estate Supply; Emirates Named Worlds Best Airline; $100m Startup Boost; Best Arab Universities; Saudi Expat Job Skill Tests – 10 Things You Missed This Week

Dubai real estate supply, 'World's Best Airline', $100m startup boost, Saudi expat job skills and more of the top news ... Read more

UAE-based Digital Investment Platform Eureeca launches Global IPO Access Product; To Debut With LuLu Issue

The initiative is part of the company’s ambitious plans to build a digital investment bank to enable accessibility di... Read more

Abu Dhabis ADIA To Invest $750mn In GMR Groups Debt Refinancing In India

The group is to use the proceeds for refinancing debt of its promoter group entity Read more

Apple, Goldman Sachs To Pay $89mn Penalty For Consumer Failures

The CFPB ordered Goldman Sachs to pay at least $19.8mn in redress and a $45mn civil money penalty, and Apple to pay a $... Read more

Dubai Future Foundation Launches 2 Sandboxes To Boost Gig Economy And Proptech Sectors

Dubai Sandbox initiatives look to assist development of the gig economy and PropTech sectors Read more

Dubai Proptech Startup PRYPCO Handed $10m Boost To Support Real Estate Financing And Golden Visa Applications

PRYPCO raises $10m in seed funding as it looks to transform real estate financing and Golden Visa registration Read more

Lebanons Cash Economy Surge Drives FATF Grey-listing Concerns

The development adds another layer of complexity to Lebanon's ongoing economic challenges, potentially deterring much-n... Read more

Dubai To Give 100,000 Startups A $100m Boost With Ignyte Digital Platform: Sheikh Hamdan  

Dubai digital platform Ignyte will deliver $100m of perks to startups and entrepreneurs Read more

Abu Dhabi To Host Bitcoin MENA Conference In December

Abu Dhabi will bring together leading experts to discuss Bitcoin industry in the Middle East Read more

Emirates NBD Partners Partior For Cross-border Payments

UAE bank also evaluating an equity investment in the company, known for their blockchain-based platform for clearing an... Read more