Middle East Business News

UAE Real Estate Developer And Bank Team Up For Game-changing Property Financing Offer

Damac Properties and Abu Dhabi Islamic Bank introduce UAE real estate financing solution Read more

Crypto Exchange Major Bitget To Make Dubai As Hub For Its Next Phase Of Global Expansion

The company has sought a licence from Dubai VARA for a massive expansion of its operations Read more

Saudi Real Estate Refinance Company Secures $906mn Mortgage Portfolio Deal With Saudi National Bank

The deal marks one of the largest mortgage refinancing transactions in Saudi Arabia Read more

DIFC: $12bn Hedge Fund Seeks Interns To Join Dubai Office

Verition Fund Management announces launch of intern project for Dubai office Read more

Saudi Central Bank Bans WhatsApp For Customer Communications

Financial institutions in Saudi Arabia have been instructed to implement alternative secure channels Read more

ADGM Records 245% Growth In Assets Under Management

The number of operational entities within ADGM rose by 32 percent, reaching 2,381 by the end of 2024 Read more

Hubpay Partners With Aquanow To Launch UAEs First Regulated Crypto Payments Facility For Businesses

The collaboration will enable businesses across various sectors, including real estate, to accept cryptocurrency paymen... Read more

DFSA-regulated Entities Jump 31% In 2024 To Go Past The 900 Mark

The DFSA authorised 946 individuals and 17 Designated Non-Financial Business or Professional corporate services provide... Read more

Analysis: Inside The $1.5bn Bybit Hack – The Largest Digital Heist In Crypto History

Data shows that North Korean hackers stole $1.34 billion across 47 incidents last year - a figure now eclipsed by this ... Read more

Crypto Market Hits Extreme Fear Zone: Trump Tariffs, US Economy Slowdown Trigger Market Volatility

Beyond trade tensions, crypto markets are facing uncertainty over a potential US economic slowdown, exacerbated after a... Read more

UAE And Saudi Arabia Lead MENA M&A Activity To Over $92bn In 2024

UAE and Saudi Arabia were at the centre of the MENA region’s M&A activity last year Read more

Rupee Collapse: UAE NRIs Switch To Dollars As US Economic Outlook Brightens

The new trend of NRIs holding their investments in USD and AED is linked to the changing profiles of Indian expats in t... Read more

Bitcoin Plunges Below $90,000 Mark Post Donald Trumps Crypto Order: Report

Bitcoin briefly touched $85,899.99, its lowest point since November, placing it nearly 20 percent below its all-time hi... Read more

First Abu Dhabi Bank Launches New End-of-service Benefits Funds For Private Sector

The initiative, now available to all private sector entities in the UAE, allows businesses to invest in their employees... Read more

Qatar Announces Tax Fine Exemption

Qatar authorities announce major tax fine exemption Read more