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Why The World's Biggest IPO Will Test Saudis' Faith In Crown Prince

Middle East Business News - Published date: .

Frenzy of excitement across the kingdom and social media over the IPO is only eclipsed by its importance Read more

Dubai's Mashreq Announces Appointment Of New CEO And Chairman

Middle East Business News - Published date: .

Former CEO Abdullah Abdul Aziz Al Ghurair becomes chairman of Mashreq after 30 years in previous role Read more

Telegram May Delay Coin Launch As SEC Halts US Sales

Middle East Business News - Published date: .

Dubai-based Telegram, which raised more than $1.7 billion last year for its project, told investors it's evaluating ways... Read more

Russian Sovereign Wealth Fund Eyes Joint Investments With UAE, Saudi Arabia

Middle East Business News - Published date: .

Russian President Vladimir Putin will visit the UAE and Saudi Arabia this week Read more

Actis Acquires Management Rights To Two Abraaj Funds

Middle East Business News - Published date: .

The move is meant to bolster Actis' position in the MENA region Read more

Cash-strapped Lebanon Looking To Eurobond Buyers To Ease Financial Strain

Middle East Business News - Published date: .

Lebanon has mandated four banks to market the latest Eurobond sale, which is due to be finalised this month Read more

Six-month Deposits In UAE Banks Up 10.4% To $49.6bn

Middle East Business News - Published date: .

Deposits accounted for 19.4% of the total deposits value from January through to August Read more

Singapore's Temasek To Rule Out Investment In Aramco IPO

Middle East Business News - Published date: .

Temasek's focus on sustainability and environmental, social and governance principles made it more difficult to support ... Read more

UAE Central Bank Removes 3% Early Settlement Fee For Mortgages

Middle East Business News - Published date: .

UAE banks can only charge borrowers a 1% early settlement fee or AED 10,000 Read more

Beehive Funds First SME In Bahrain

Middle East Business News - Published date: .

Mira Packaging Factory to use cash injection to expand and diversify product offering Read more

Russia Sovereign Fund Opens Saudi Office Ahead Of Vladimir Putin Visit

Middle East Business News - Published date: .

Russian Direct Investment Fund said it hoped to boost bilateral cooperation in economic and other spheres by setting up ... Read more

Fines For Bounced Cheques In Dubai Can Be Paid By Smartphone

Middle East Business News - Published date: .

Bounced cheques of up to AED200,000 represented 87% of cases settled by the Penal Order legislation between November 201... Read more

UAE Excise Tax On E-cigarettes, Sugary Drinks To Start On December 1

Middle East Business News - Published date: .

UAE's Federal Tax Authority called on producers and importers to register for the excise tax system at the earliest to a... Read more

Jassim Alseddiqi Named CEO Of Shuaa Capital Following ADFG Merger

Middle East Business News - Published date: .

The combined entity will exit non-core businesses to focus on becoming the leading asset management and investment banki... Read more

Top Level DIFC Delegation Completes Mission To Indian State

Middle East Business News - Published date: .

Dubai International Financial Centre chases more Indian FinTech businesses during trip to Maharashtra Read more