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Saudi Real Estate Refinance Company Secures $906mn Mortgage Portfolio Deal With Saudi National Bank

Middle East Business News - Published date: .

The deal marks one of the largest mortgage refinancing transactions in Saudi Arabia Read more

DIFC: $12bn Hedge Fund Seeks Interns To Join Dubai Office

Middle East Business News - Published date: .

Verition Fund Management announces launch of intern project for Dubai office Read more

Saudi Central Bank Bans WhatsApp For Customer Communications

Middle East Business News - Published date: .

Financial institutions in Saudi Arabia have been instructed to implement alternative secure channels Read more

ADGM Records 245% Growth In Assets Under Management

Middle East Business News - Published date: .

The number of operational entities within ADGM rose by 32 percent, reaching 2,381 by the end of 2024 Read more

Hubpay Partners With Aquanow To Launch UAEs First Regulated Crypto Payments Facility For Businesses

Middle East Business News - Published date: .

The collaboration will enable businesses across various sectors, including real estate, to accept cryptocurrency paymen... Read more

DFSA-regulated Entities Jump 31% In 2024 To Go Past The 900 Mark

Middle East Business News - Published date: .

The DFSA authorised 946 individuals and 17 Designated Non-Financial Business or Professional corporate services provide... Read more

Spartan Race Middle East Unveils Dawn Til Dusk At The Arena, Bab Al Shams

Sports and Eneterainment - Published date: .

The new event will feature two race formats, the 5km Sprint and the 10km Super, along with 1km, 1.5km, and 3km children... Read more

Analysis: Inside The $1.5bn Bybit Hack – The Largest Digital Heist In Crypto History

Middle East Business News - Published date: .

Data shows that North Korean hackers stole $1.34 billion across 47 incidents last year - a figure now eclipsed by this ... Read more

Crypto Market Hits Extreme Fear Zone: Trump Tariffs, US Economy Slowdown Trigger Market Volatility

Middle East Business News - Published date: .

Beyond trade tensions, crypto markets are facing uncertainty over a potential US economic slowdown, exacerbated after a... Read more

UAE And Saudi Arabia Lead MENA M&A Activity To Over $92bn In 2024

Middle East Business News - Published date: .

UAE and Saudi Arabia were at the centre of the MENA region’s M&A activity last year Read more

Rupee Collapse: UAE NRIs Switch To Dollars As US Economic Outlook Brightens

Middle East Business News - Published date: .

The new trend of NRIs holding their investments in USD and AED is linked to the changing profiles of Indian expats in t... Read more

Bitcoin Plunges Below $90,000 Mark Post Donald Trumps Crypto Order: Report

Middle East Business News - Published date: .

Bitcoin briefly touched $85,899.99, its lowest point since November, placing it nearly 20 percent below its all-time hi... Read more

First Abu Dhabi Bank Launches New End-of-service Benefits Funds For Private Sector

Middle East Business News - Published date: .

The initiative, now available to all private sector entities in the UAE, allows businesses to invest in their employees... Read more

Qatar Announces Tax Fine Exemption

Middle East Business News - Published date: .

Qatar authorities announce major tax fine exemption Read more

UAE Small Businesses Reap Benefits As Muwafaq Package Supports SME Tax Compliance

Middle East Business News - Published date: .

The package seeks to create a significant step forward in fostering innovation within the tax system and delivering com... Read more

Al Ansaris CashTrans Partners With Sharjah Islamic Bank To Enhance Cash Management Services

Middle East Business News - Published date: .

Collaboration aims to streamline cash handling, boost security, and optimise cash flow for Sharjah Islamic Bank and its... Read more

Saudi Arabia Announces New Rules For Use Of Riyal Symbol

Middle East Business News - Published date: .

According to SAMA guidelines, the symbol must be positioned to the left of numerical values with a space between them Read more

Al Salam Bank Offers Free Talabat Pro Subscription During Ramadan

Middle East Business News - Published date: .

Benefits include unlimited free delivery on food and grocery orders and exclusive discounts for 12 months; available to... Read more

Investcorp To Invest In Italian Alternative Payments Enabler Epipoli

Middle East Business News - Published date: .

The Bahrain-based company has deployed $280 million in investments since the beginning of the financial year Read more

Dubai-headquartered Fintech MANSA Secures $10mn In Funding To Expand Cross-border Payments Solutions

Middle East Business News - Published date: .

The funds will support the company’s market expansion into Latin America and Southeast Asia Read more