UAE Central Bank Shuts Down Omda Exchange, Slaps $2.7m Penalty
The UAE Central Bank has revoked Omda Exchange’s licence, removed it from the register and imposed a $2.7m penalty Th...
Read MoreSaudi Central Bank Issues New Fees Guide For Financial Institutions
Updated framework replaces existing Banking Tariff and introduces lower caps on selected service charges The post Saudi... Read more
Saudi Arabias SAMA Issues Updated Regulation For Finance Companies
Revised rules cover licensing requirements, aggregate financing limits and related-party provisions The post Saudi Arab... Read more
Sheikh Zayed Bin Hamdan Appointed Chairman Of 2PointZero Board
The Board brings together sovereign leadership, global investment expertise and operational excellence; MD Mariam Almhe... Read more
M&A In The Middle East Surges 260% To $53bn As Dealmakers Drive Energy And Tech Expansion
Middle East M&A deal values jump 260% to $53bn in 2025, led by energy consolidation and fast-growing technology and... Read more
UAE To Apply Reverse VAT Charge On Scrap-metal Trading From January 2026
New Cabinet decision shifts VAT accounting to buyers in a move aimed at curbing fraud and strengthening tax compliance ... Read more
KKR Makes First Saudi Investment With Financing For Key Desalination Plant
The global investment firm KKR has partnered with ACWA Power to support long-term water security under Vision 2030 The ... Read more
UAE Announces Updated Excise Tax Rules
UAE issues Cabinet Resolution No. 198 of 2025 amending Excise Tax rules to improve compliance and enhance procedures Th... Read more
DIFC Joins Global Privacy Forum To Strengthen Cross-border Data Governance
Membership of the Global Cross-Border Privacy Rules Forum reinforces Dubai’s ambition to be a leading hub for the dig... Read more
Mubadala Completes Acquisition Of Service Logic In Partnership With Bain Capital
Service Logic is headquartered in Charlotte, North Carolina, and is a leader in comprehensive commercial HVAC and build... Read more
Saudi Arabian Bank Credit Reached An All-time High Of $880 Billion
Saudi Central Bank’s monthly statistical bulletin says this is an annual increase of 13.6%; credit issued is distribu... Read more
E Point Zero Completes 100% Acquisition Of Egypts Maseera Holding
Abu Dhabi company buys out the remaining 5% ownership interest from Amro Abouesh, CEO and Founder, who will step down T... Read more
UAE Approves Budget, Outlines Financial Strategy For 2026
Board meeting chaired by Mansour bin Zayed focused on digital transformation, payment systems and regulatory developmen... Read more
DFSA Updates Crypto Token Rules For Firms Operating In DIFC
Revised regulations, effective from January 2026, place greater responsibility on firms to assess crypto tokens while s... Read more
EXCLUSIVE: Buy Bitcoin Every Month, Change Your Life – Expert
Venture capitalist, blockchain expert and entrepreneur Alex Reinhardt offers a simple crypto strategy The post EXCLUSIV... Read more