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PIF-backed Roshn In Talks With Banks To Raise $667mn In Early 2025: Report

Middle East Business News - Published date: .

In the shorter term, the Saudi developer expects to raise SAR 18 billion in total from local banks by the end of 2024 Read more

UAEs Debt Capital Markets Notch Up 13% Growth In Q3: Fitch Ratings

Middle East Business News - Published date: .

The surge in the debt capital market places the UAE fourth globally in all currencies, after Malaysia, Saudi Arabia, an... Read more

Binance CEO Richard Teng On The Future For Crypto, Growing Pains, And Running A Multi-billion Dollar Global Company

Middle East Business News - Published date: .

Today, Binance has 230 million users around the world, and of that figure, a staggering 50 million were added only this... Read more

UAE Banks Pass AED500bn In Capital And Reserves To Reach Historic High

Middle East Business News - Published date: .

UAE banks see capital and reserves climb by more than 10 per cent in a year Read more

Dubai Watchdog DFSA Slaps $100,000 Fine On Marketing Firm For Misleading Financial Promotions In DIFC

Middle East Business News - Published date: .

The regulator imposed a fine of $100,000 (AED367,000) on Vedas Marketing for two violations Read more

Bitget Introduces Bitget Pay For Instant Zero-fee Cross-border Cryptocurrency Transactions

Middle East Business News - Published date: .

The launch of the new payment system reflects the ongoing trend toward broader adoption of digital currencies, aiming t... Read more

UAE Sets November Deadline For Corporate Tax Registration: What Businesses Need To Know

Middle East Business News - Published date: .

The FTA has urged businesses to review the Corporate Tax Law and related guidelines on tax.gov.ae Read more

Saudi Sport Sector Targets $4.8bn GDP Boost By 2030; Deloitte Identifies 4-step Approach For Privatised Clubs

Sports and Eneterainment - Published date: .

Deloitte has produced a four-step approach for Saudi sports clubs to succeed after privatisation Read more

Saudi Arabias PIF Signs $51bn Of Deals With Japanese Financiers

Middle East Business News - Published date: .

PIF signs $51bn of deals as Saudi Arabia and Japan strengthen ties Read more

Gig Economy In Dubai: Emirates, Amazon, Careem And GEMS Education Team Up To Support Sandbox Initiative

Middle East Business News - Published date: .

Leading companies in Dubai collaborate on Gig Economy Sandbox initiative to develop emerging sector Read more

Crypto.com, Beyon Money Sign MoU To Enhance Payments And Transaction Services In Bahrain

Middle East Business News - Published date: .

The agreement envisages seeking joint innovation opportunities in artificial intelligence and open banking Read more

Saudi Arabias Riyadh Air Secures SAR 3bn Islamic Credit Facility Ahead Of 2025 Launch

Middle East Business News - Published date: .

Eight financial institutions have participated in the arrangement Read more

Dubai Spartan Trifecta Weekend Tickets Now On Sale

Sports and Eneterainment - Published date: .

The Spartan Trifecta weekend in Dubai will feature three races – Sprint, Super, and Beast – with participants able ... Read more

UAEs Non-oil Sector Drives Islamic Finance Expansion: S&P

Middle East Business News - Published date: .

The country’s insurance sector, both conventional and Islamic, is projected to expand by 15 to 20 percent, driven by ... Read more

Dubai Announces New Financial Misconduct Laws With Travel Bans And Asset Freezing For Offenders

Middle East Business News - Published date: .

Dubai amends Financial Audit Authority laws with penalties and appeal rules for violators Read more

Saudi Investments: PIF And Brookfield Team Up For $2bn Spending Boost

Middle East Business News - Published date: .

Saudi Arabia’s PIF and Brookfield Asset Management look ahead to $2bn investments in the Kingdom Read more

Middle East Needs Stronger Policies To Tap Into $900bn Green FDI Flows, Energy Expert Says

Middle East Business News - Published date: .

The region has seen limited green investment flows compared to Europe and the US despite offering the world's lowest re... Read more

Revealed: UAE Emerging As Hotbed For Global Hedge Funds As Funds Embrace Digital Assets In A Big Way

Middle East Business News - Published date: .

Most hedge funds are also participating in funding rounds involving promising firms coming up in the sector in the UAE ... Read more

Saudi Arabias PIF Pivots To Domestic Focus, Eyes AI Revolution, Says Al-Rumayyan

Middle East Business News - Published date: .

The fund is reportedly in early discussions about a potential AI partnership worth up to $40 billion with venture capit... Read more

Beleaguered Boeing Launches $22 Billion Share Offering

Middle East Business News - Published date: .

Airline major to launch public offerings of 90 million shares of common stock and $5 billion of depositary shares Read more