Middle East Business News

Du Pay Launches Salary In The Digital Wallet Feature To Boost Financial Inclusion In UAE

The service provides customers with a unique IBAN upon registration, enabling direct salary transfers into digital wall...

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UAE Issues Tax Deadline Warning

UAE Federal Tax Authority urges businesses to file Corporate Tax returns and pay dues on time Read more

ADIB Capital Launches Sharia-compliant Trade Opportunities

The fund, open to professional clients and market counterparties, targets short-duration trade opportunities in develop... Read more

Saudi Arabias Eastern Region Attracts $8bn Investments Across Key Sectors

Saudi investment projects span tourism, entertainment, sustainability, and urban development, generating SAR2bn ($533m)... Read more

UAE Leads MENA M&A Boom With $25.4b As Regional Deals Hit $58.7b In H1 2025

MENA M&A deals hit $58.7b in H1 2025, up 19 per cent as UAE leads with $25.4b inflows Read more

UnitedHealth Stock Soars After Buffetts Berkshire Buys 5.04mn Shares

America’s largest health insurance company had fallen nearly 63% from a 52-week high of $630.73 before Friday’s sur... Read more

Emirates Islamic To Power Kimera Groups UAE Finances With Digital-first Banking Solutions

Emirates Islamic will manage Kimera Group’s UAE finances with advanced digital tools, streamlining operations and boo... Read more

Saudis PIF Sold Its Entire Holding In Meta, Shopify, FedEx And Alibaba In Q2

Its biggest three holdings now are Uber, Lucid and Electronic Arts after paring exposure to US market to $23.8 billion Read more

Zand, Mastercard Partner To Boost Cross-border Payment Solutions

The partnership will leverage Mastercard Move, the company’s suite of money movement solutions to deliver secure, eff... Read more

GCC Asset Management Soars 9% To $2.2tn As Saudi Arabia, UAE Lead

Boston Consulting Group report shows 9 per cent rise in 2024, with sovereign wealth funds and retail mutual funds fuell... Read more

Qatar Gas Transport Seeks $1bn Loan As It Looks To Increase Fleet Size

Bloomberg reports Mizuho Bank will be the sole mandated lead arranger and bookrunner of the five-year deal Read more

UAE Authorities Collect Over $97m In Taxes And Fines In Record 85,500 Inspections In H1 2025

UAE tax authorities conduct record number of inspections and collects tax and fine revenue Read more

Emirates NBDs Zero-fee Trading Hits $1.4bn In First Year

Emirates NBD sees more than 300,000 commission-free trades on UAE exchanges within one year  of service launch Read more

Dubai Free Zone DMCC Attracts 1,100 New Companies In H1 2025 As Tech And Trade Ecosystems Surge

Dubai Multi Commodities Centre is attracting more businesses and more sectors as it reports record performances Read more

Rolls-Royce Sells Its UK Pension Fund In A $5.8bn Deal With PIC

Said to be “another step on our journey towards simplifying Rolls-Royce”, it is the largest UK risk-transfer deal s... Read more