Middle East Business News

Middle East Consumers Want Cashless Solutions 'without Fear Of Being Watched', Says American Express CTO

Convenience and security main challenges for multinational financial services firm in the Middle East, according to Jeb ... Read more

Network International IPO Range Values Firm At Up To $3bn

Network International will be the first company of scale to test investor appetite in Europe's lacklustre IPO market Read more

UAE Remittance Group Calls For Safer Landscape To Fight Financial Fraud

Threats and risks are rapidly evolving, according to the vice-chairman of the Foreign Exchange and Remittance Group (Fer... Read more

Kuwait Bank Could Lose Up To $9m Following Technical Issue

Kuwait's Gulf Bank reassured stakeholders, customers after a service disruption Read more

Kingdom Holding To Invest Careem Proceeds In Saudi, Europe

Saudi investment firm owned by Prince Alwaleed made almost 100% return from sale of stake in Dubai ride-hailing firm Read more

Abu Dhabi's Mubadala Said To Mull Options For $10bn Nova

Sources say sovereign wealth fund is working with financial advisers as it weighs what to do with Canadian plastics make... Read more

Saudi Aramco Said To Plan $10bn Bond Next Week

Sources say state oil giant could issue its first international bond to help fund acquisition of Sabic stake Read more

Aramco, Uber Deals Take Middle East M&A Volume Near Europe Levels

Acquisitions involving targets in the Middle East and Africa are up more than six-fold this year to $103.4bn Read more

India's IL&FS To Sell Overseas Stakes, Including UAE

Debt-ridden Indian infrastructure firm set to sell ventures in the UAE to help raise resources to settle bills Read more

Dubai Digital Bank Liv Launches AI-powered Chatbot Olivia

With the launch of Olivia, Liv customers can get account information and insights on their spending as naturally as text... Read more

Abu Dhabi Fund, Uzbekistan Ink Deal To Set Up Investment Firm

Abu Dhabi Fund for Development, the national entity for international development aid, signs three agreements with the G... Read more

Over 300,000 Businesses Now Registered For VAT In The UAE

Federal Tax Authority also says that the Tax Refunds for Tourists Scheme is recording nearly 6,000 refund transactions p... Read more

Abu Dhabi's Eshraq Plans To List Shares In Saudi Arabia

Board of Eshraq Investments appoints Banque Saudi Fransi and Baker McKenzie as advisors on the Tadawul plan Read more

UAE's Amanat Approves $10m Dividend, Share Buyback Plan

GCC's largest healthcare and education investment company says dividend approved for fourth year in a row Read more

Mastercard To Invest $300m In Network International's Planned London IPO

Network International and Mastercard will also team up to support the development of electronic payments in the Middle E... Read more