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GCC Debt Capital Markets To Hit $1tn
Middle East Business News - Published date: .
Fitch Ratings expects debt capital markets in the GCC to grow in 2025 Read more
Saudi Arabias ACWA Power Proposes $1.9bn Rights Issue
Middle East Business News - Published date: .
Saudi Tadawul authority said the company has applied for the issue to increase in its paid-up capital Read more
Hackers Steal $2.2bn In Crypto In 2024 Amid Bitcoin Bull Run: Report
Middle East Business News - Published date: .
The number of individual hacking incidents increased from 282 in 2023 to 303 in 2024, resulting in these losses Read more
AD Ports Group Doubles Its Revolving Credit Facility At Better Terms
Middle East Business News - Published date: .
The Abu Dhabi-based group successfully refinances and upsizes its existing RCF from $1 billion to $2.125 billion Read more
Dubai-based DP World Issues The Regions First Blue Bond
Middle East Business News - Published date: .
The $100 million, 5-year Blue Bond priced at 5.25% coupon rate; Will fund significantly under-funded SDG 14 and SDG 6 o... Read more
US Federal Reserve Cuts Interest Rates For Third Time, Dials Back 2025 Outlook
Middle East Business News - Published date: .
Incoming president Trump's policy agenda on tariffs and taxes looms over the Fed's outlook, though Fed chair Powell cal... Read more
Saudi Arabia Is Shaping Future Of Global Sport: Report
Sports and Eneterainment - Published date: .
The market value of the sports industry is projected to grow from $8 billion to $22.4 billion by 2030, according to the... Read more
ADIO And EXIM Forge MoU To Boost US-UAE Trade In Key Sectors
Middle East Business News - Published date: .
It marks a significant milestone in facilitating the import and export of raw materials, services and technology, parti... Read more
UAE Central Bank Cuts Base Rate By 25bps
Middle East Business News - Published date: .
The new rate will be effective from December 19 Read more
Saudi Arabia Approves Licence For D360 Digital Bank
Middle East Business News - Published date: .
D360 Bank given approval to launch operations in Saudi Arabia Read more
UAE Banks Team Up To Fund $178m London Student Real Estate Development
Middle East Business News - Published date: .
UAE’s Emirates NBD and Abu Dhabi Islamic Bank close funding arrangement for Purpose-Built Student Accommodation in Lo... Read more
India-based FAAD Capital Expands Global Footprint With Dubai Launch
Middle East Business News - Published date: .
The fund organised the inaugural Dubai edition of the FAAD Network Investor Meet Read more
Hex Trust Launches Fiat On/off-ramp Services In Dubai
Middle East Business News - Published date: .
The new service will enable investors in Dubai to seamlessly move their cryptocurrencies into fiat currencies Read more
UAE Payments Sector To Hit $27.3bn In 2028
Middle East Business News - Published date: .
UAE defies global slowdown with massive increase in digital payments Read more
Saudis Red Sea International Raises $104mn Credit Facility From Riyad Bank
Middle East Business News - Published date: .
The three-year financing is meant to support the construction of a staff camp Read more
UAE Corporate Tax Hike To Fuel Influx Of Multinational Companies Flocking To Freezones
Middle East Business News - Published date: .
A Domestic Minimum Top-up Tax (DMTT) will take effect in the UAE for financial years beginning on or after 1 January 20... Read more
Middle East Sees Surge In 2024 M&A Activity As Sovereign Wealth Funds Lead Investments
Middle East Business News - Published date: .
Global M&A market overall deal value will reach $3.5tn by the end of 2024 as Middle East sees significant growth Read more
Global Fintech Show Money20/20 To Launch Inaugural Middle East Edition In Riyadh In 2025
Middle East Business News - Published date: .
The event will be held on September 15-17 Read more
Ripple Announces Launch Of Globally Tradeable USD-denominated Stablecoins
Middle East Business News - Published date: .
The company said Raghuram Rajan, former Governor of the Reserve Bank of India, and Kenneth Montgomery, former First Vic... Read more
Dubai Marathon 2025 To Return With World Class Athletes
Sports and Eneterainment - Published date: .
Former World Champion Lelisa Desisa will be among an elite field for the 2025 Dubai Marathon Read more