Saudi Arabia Opens Capital Market Fully To Foreign Investors From February 2026
Saudi Arabia will open capital market to foreign investors from February 2026, scrapping QFI rules to boost liquidity ...
Read MoreOman Approves Global Financial Centre To Boost Investment, Banking And Economic Diversification
Oman approves establishment of Oman Global Financial Centre to attract investment, strengthen banking and support econo... Read more
Dubai Targets 90 Per Cent Cashless Transactions By 2026 Under New DFZ-DOF Agreement
Dubai steps up cashless ambitions as Department of Finance and Free Zones Council sign deal to advance digital payments... Read more
Saudi Arabia Warns Of Penalties For Late Withholding Tax Filings
Saudi Arabia’s ZATCA calls on businesses to submit December 2025 withholding tax filings by January 11 to avoid payme... Read more
Egypt To Offer $3.99bn In Treasury Bills And Bonds This Week
The Ministry of Finance plans eight debt tenders, including short-term treasury bills and longer-term bonds, as part of... Read more
Oman Banking Sector Sees Loan, Liquidity Growth As Rates Ease
Total lending rose to US$90.33 billion by October 2025, supported by higher deposits and stable monetary conditions The... Read more
UAE Takes Over The Presidency Of MENA Financial Action Task Force
“Our collective efforts should contribute meaningfully to the global fight against financial crime,” says new Presi... Read more
Kuwait Settles KD15.37m In Debts For Over 2,600 Citizens
The third National Campaign for Debtors has concluded after clearing thousands of cases, easing legal and financial bur... Read more
Saudi Arabia Extends Tax Penalty Waiver For Six Months
The Saudi Zakat, Tax and Customs Authority (ZATCA) urged taxpayers to take advantage of the initiative before the new d... Read more
New UAE Decree Laws Give Sweeping Powers To Capital Market Authority
The laws will modernise the regulatory framework governing the financial sector, enhance its stability and competitiven... Read more
Saudi Social Development Bank Finances 100,000 Beneficiaries In 2025 With $2.1 In Lending
Saudi Arabia’s Social Development Bank reached 100,000 beneficiaries in 2025, deploying $2.1bn in financing The post... Read more
Bank Of Palestine Receives ADGM Approval For Full Banking License
Hashim Shawa, Chairman of Bank of Palestine Group, calls the ADGM approval “a historic milestone” for the bank The ... Read more
UAE To Introduce Sugar Tax On Sweetened Drinks From January 2026
UAE will apply a new tiered Excise Tax on sweetened drinks from January 2026, linking tax per litre to sugar and sweete... Read more
UAE Tax Authority Introduces New Pricing Agreement Fees From January 2026, Scraps Paper Certificates
UAE FTA announces Advance Pricing Agreement fees effective January 2026 and cancels paper tax certificates in favour of... Read more
Saudi Central Bank Bans Promissory Notes For Credit Card Financing
The central bank has ordered banks and finance companies to cancel existing notes and halt the practice for new credit ... Read more