Abu Dhabi Sees 16% Increase In Business Licences, Freelancer Numbers Doubled In 2024
Abu Dhabi licensing authority reports notable increase in business registrations Read more
Middle East M&A Activity Surged 52% To $29bn Last Year, Global Uplift Expected In 2025
Global M&A activity is expected to increase in 2025 after several quiet years Read more
UAE Sports Startups Invited To Join Ethara Incubator To Seek Funding Boost
Dedicated sports and entertainment innovation hub Ethara 1TW to support UAE startups Read more
UAE Announces New Tax
The UAE Ministry of Finance has explained further details on the Domestic Minimum Top-up Tax Read more
Indias RBI Slashes Interest Rates By 25 Bps To 6.25%
This is the first rate cut in 5 years by the RBI Read more
Saudi PIF In Talks For $3.1bn Loan Guarantee Deal With Italian SACE: Report
The talks with SACE follow Italian Prime Minister Giorgia Meloni’s visit to Saudi Arabia, where agreements worth $10... Read more
Saudi Arabias Expat Remittances Hit $38.4bn In 2024, Highest Since 2022
The increase was reportedly mainly due to the growth in employment rates and the improvement of wages in some sectors Read more
Al Salam Bank Net Profit Rises 48.7% For Q4 And 39.8% For The Year
Net profit attributable to shareholders for Q4 2024 is $44.3 million, while that for the full year 2024 is $156.5 milli... Read more
Dubai 9-month GDP Climbs To $92.4bn As Transport, Finance, IT And Real Estate Sectors Lead Growth
Dubai GDP increased by more than 3 per cent in the first nine months of last year Read more
FAB Posts 4% Rise In FY 2024 Net Profit; Beats Estimate
For Q4 2024, First Abu Dhabi Bank’s net profit was to the tune of AED 4.18 billion Read more
Saudis Derayah Financial Secures Olayan Saudi As Cornerstone Investor For Tadawul IPO
Olayan Saudi is an investment arm of the kingdom’s Olayan Financing Company Read more
FTA Urges Registrants To Take Advantage Of Grace Period And Update Records
Administrative penalties will be imposed once the grace period announced by the UAE cabinet ends on 31 March 2025 Read more
UAEs Al Fardan Exchange Ties Up With Visa For Enhanced Cross-border Remittance Services
The company announced launching a new cross-border remittance service through Visa Direct Read more
Abu Dhabis Lunate Launches Ghaf Benefits Platform To Transform UAE End-of-service Gratuity
The platform is available to private sector employers and their employees across the country Read more
Sukoon Uses AI To Eliminate Medical Exams In Life Insurance
A short video of the applicant’s face will measure key health metrics like heart rate, blood pressure, and respiratio... Read more