Middle East Business News

Dubai Rated As A Top 5 FinTech City And Climbs Financial Centre Rankings

Dubai emerging as one of the most important financial centres in the world in respected ranking Read more

Lunate Partners With BNY, SS&C To Support UAEs Ghaf Benefits End-of-service Scheme

BNY will provide custody services for international securities across multiple markets, while SS&C will be responsi... Read more

Abu Dhabis ADQ To Partner ECP In $25bn Investment In The US Energy Infrastructure

The 50-50 partnership will focus on developing new power generation to serve the growing electricity needs of data and ... Read more

Hubpay Launches Innovative Payroll Solution To Simplify Global Payments For UAE Businesses

Hubpay Payroll aims to streamline cross-border payroll management, offering competitive FX rates and facilitating seaml... Read more

UAE Corporate Tax Guide 2025: Deadlines, Fines, Thresholds And Rules Explained

UAE Corporate Tax deadlines are approaching, find out essential rules to avoid fines Read more

Waha Capital Shareholders Approve 2024 Dividend And CSR Initiative

Cash dividend of AED0.1 for FY 2024; Shareholders also authorise the allocation of up to 1% of the  net profit to CSR ... Read more

Hassana Acquires 40% Stake In Saudi Bottled Water Giant Berain

The strategic transaction marks the beginning of a long-term partnership between Rajhi-Invest and Hassana Read more

Saudi Arabias Gulf Islamic Investments Aims To Double $750mn US Portfolio In Four Years

The company's expansion aims to focus on new investments in the US logistics, education, and food production and proces... Read more

Eshraq Confirms Subscription To SHUAA Capital MCBs Worth $13.6mn

Abu Dhabi company believes the decision is in support of its strategy to optimise the structure of its investment holdi... Read more

GCC Banks To Thrive As GDP Tipped To Hit 3.5% As UAE And Saudi Lead Growth

GCC banks can look forward to continued growth in 2025 says EY report Read more

Checkout.com, Tabby In Partnership To Boost BNPL Adoption For Merchants In UAE, Saudi Arabia

As part of the agreement, Checkout.com has already integrated Tabby’s innovative Buy Now, Pay Later (BNPL) solutions ... Read more

DFSA To Organise Regulatory Sandbox To Enhance Tokenisation In DIFC

Sandbox offers a regulatory pathway from experimentation to full authorisation; Firms are invited to submit an Expressi... Read more

ATS Travel To Accept Payment In Crypto After Payhound Partnership

The travel agency claims to become the first in the Middle East to accept cryptocurrency as a form of payment Read more

UK Businesses Eye Middle East Investments

Businesses in the UK are increasingly looking to the Middle East as a destination for investment and expansion Read more

GCC Worker Remittances Hit $131.5bn In 2023, Global Highest After US

The centre's data indicated a slight dip of 0.4% from 2022 Read more