Middle East Business News

How Bahrain Is Taking The Lead In Regulating Middle East Crypto Assets

Bahrain's central bank announces that it has issued 'the final rules on a range of activities relevant to crypto assets' Read more

Saudi Investor Named As Mystery Buyer Of Evening Standard Stake

UK reports name Sultan Mohamed Abuljadayel as man behind deal for 30% stake in London newspaper group Read more

No More Bank Mergers Expected In Saudi Arabia, Says Central Bank Governor

Central Bank Governor Ahmed Al-Kholifey said that deflation is unlikely in Saudi Arabia due to consumer demand and real ... Read more

Bahrain Fintech Bay To Set Up Sister Platforms In The US, Singapore

Exclusive: Bahrain Fintech Bay CEO Khalid Saad said that Silicon Fintech Bay will open as soon as late March Read more

Cash Is Still King In Saudi Arabia, Despite Fintech Growth

Non-cash transactions accounted for less than a fifth in Saudi Arabia in 2016 - well shy of the ratio of 28% target for ... Read more

MENA Sovereign Borrowing To Surge 25% In 2019

Sovereign long-term commercial borrowing in the region fell 38% in 2018 Read more

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