Middle East Business News

Abu Dhabi Investment Authority, Triton Acquire Australian Firm For $2.5bn

Sydney-based Brambles, best known as a provider of wooden pallets for companies to ship goods, eyes additional opportuni... Read more

Mastercard And Mada Team Up To Offer Apple Pay In Saudi Arabia

Brand View: Highly anticipated move heralds new era for mobile payments in the country, with National Commercial Bank an... Read more

Cryptocurrencies Will Become Part Of Daily Transactions, Say Exchange Founders

The founders of digital currency trading and custody platform Hayvn believe that soon consumers will have the option of ... Read more

LuLu Financial Group Targets 30% Digitisation By 2020

Lulu Financial Group has crossed the $10bn mark in its total transactional value in its financial sector business Read more

Loans Worth Nearly $100m Waived For Emiratis

13 UAE banks participated in the initiative from the Debt Settlement Fund Read more

It's All About New Ideas At Saudi Arabia's Oldest Bank

On the cusp of a historic merger, Saudi Arabia's oldest bank is using AI - and coffee - to reach out to a young, tech-sa... Read more

Regulation Of Cryptocurrencies Inevitable, Says UAE Digital Exchange Founder

Hayvn is a new digital currency trading and custody platform aimed at institutional investors Read more

Oman Said To Cut Borrowing Plans As It Turns To Asset Sales

Oman will likely raise between $2 billion and $3 billion in bonds and loans Read more

Bahrain Eyes Regulation As It Chases Crypto Trading Firms

Bahrain allows companies using cryptocurrency to work in the country on a trial basis Read more

Emaar Denies It Plans To Accept Digital Currency Payments

Dubai real estate giant responds to reports and blogs circulated online citing an alleged Emaar circular to real estate ... Read more

Indonesia Lists $2bn Green Sukuk On Nasdaq Dubai

Capital raised by the sukuk is intended for projects including sustainable development initiatives, says Indonesian Gove... Read more

$10bn Bailout Delivers Big Boost To Bahrain Bonds

Smallest member of the Gulf Cooperation Council has handed investors the biggest return since its $10bn bailout last yea... Read more

Visa Launches Apple Pay In Saudi Arabia

Apple Pay will allow Visa cardholders across the kingdom to make payments using their Apple devices Read more

HSBC Reports $1.55bn In 2018 Middle East Profit

HSBC Holdings reported an overall profit of $19.89 billion for 2018 Read more

Bahrain's Investcorp Launches India Ops With $450m Portfolio

Investment company unveils Investcorp India Asset Managers Limited and the opening of its first India office Read more