uae


UAE Secures Over $30bn In Crypto Investments In Just One Year: Report

Middle East Business News - Published date: .

With a proactive regulatory framework, the UAE presents investors with a balance between innovation and security Read more

Paymob Secures UAE Central Bank License For Retail Payment Services

Middle East Business News - Published date: .

The regulatory nod also enables the company to provide merchants with its full suite of omni-channel solutions Read more

Open Banking Fuels GCC Fintech Boom As UAE, Saudi Lead Regional Growth Surge

Middle East Business News - Published date: .

The open banking payments volume in the GCC is projected to quadruple to over $930 billion by 2028 from $230 billion in... Read more

Mastercard, Ruya Collaborate To Bring Innovative Digital Products To UAEs Islamic Banking Landscape

Middle East Business News - Published date: .

The bank will benefit from the services of Mastercard Advisors, which employs more than 3,000 consultants in 53 countri... Read more

CBUAE Reports $1.21 Trillion In Bank Assets By End Of October

Middle East Business News - Published date: .

Banks’ deposits increased by 1.5%, from AED 2,761.4 billion at the end of September to AED 2,802.5 billion at the end... Read more

Palms Sports Revenue Up 82.5% To $290mn For The Year

Sports and Eneterainment - Published date: .

The Abu Dhabi sports management company announces 41% YoY increase in gross operating profits to $49 million Read more

Abu Dhabi-based BWI Announces Blaizes Successful IPO On NASDAQ

Middle East Business News - Published date: .

The company’s listing was done through BurTech Acquisition Corporation, a Special Purpose Acquisition Company (SPAC) ... Read more

EU Legislation Fallout Fuels Demand For Crypto Business Expansions To UAE, Advisory Firms Reveal

Middle East Business News - Published date: .

Digital asset exchanges, NFT marketplaces, utility token issuers, tokenised funds, and payments companies are among the... Read more

Al Ansari To Launch Payment Solutions For Underbanked With Abhi Collaboration

Middle East Business News - Published date: .

Customers will be able to access their earned wages prior to the scheduled payroll date and remit funds internationally... Read more

Mashreq Finalises $385mn Sale Of Majority Stake In NEOPAY

Middle East Business News - Published date: .

The UAE company retains a significant minority stake in the business after the sale to Arcapita Group and DgPays Read more

New EU Law To Trigger Exodus Of Crypto Ventures Flocking To UAE

Middle East Business News - Published date: .

The EU's loss could be the UAE's gain as new crypto regulations are expected to trigger an exodus of virtual asset firm... Read more

Abu Dhabis Mubadala Overtakes Saudis PIF As Worlds Top Sovereign Fund Investor With Over $29bn In 2024

Middle East Business News - Published date: .

Since 2023, Mubadala's investments jumped 67% while PIF's dropped 37% Read more

Al Ansari Financial Services, Halan Partner To Launch Financing Solutions In UAE

Middle East Business News - Published date: .

The partnership introduces two key services: Salary Advance and Send Now, Pay Later (SNPL), which offer greater financi... Read more

Argentinian Football Association Opens Dubai Office To Strengthen Middle East Presence

Sports and Eneterainment - Published date: .

This development establishes a permanent presence for the AFA in the Middle East, underscoring the region's importance ... Read more

Dubai Authorities Bust Two Major International Money Laundering Networks

Middle East Business News - Published date: .

Total value of crimes worth over $223 million; An Emirati and 53 foreign nationals produced in court for money launderi... Read more

UAE Retail Investors Prioritise Financial Goals For New Years Resolution: Report

Middle East Business News - Published date: .

Among those prioritising financial goals, the most popular resolution for 2025 is increasing investments in traditional... Read more

UAE Corporate Tax: FTA Urges Businesses To Register Before December 31 Deadline To Avoid Penalties

Middle East Business News - Published date: .

The FTA noted that Cabinet Decision No. 75 of 2023 imposes Administrative Penalties on Taxable Persons who fail to regi... Read more

UAE Ministry Of Finance Makes Major Amendments To Ministerial Decisions

Middle East Business News - Published date: .

Announcements relate to Tax Groups and Participation and Foreign Permanent Establishment Exemptions and aim to enhance ... Read more

UAE To Host Blockbuster India-Pakistan Champions Trophy Match

Sports and Eneterainment - Published date: .

Dubai likely to host all India matches after Pakistan Cricket Board agrees to a hybrid model following India’s refusa... Read more

UAE, Saudi Banks Push For Enhanced Employee Experience In GCC: Report

Middle East Business News - Published date: .

The report highlighted the direct impact on profitability through prioritising employee experience on engagement, reten... Read more