Middle East Business News

Saudi Businesses Warned Of Penalties As VAT Filing Deadline Approaches

Saudi Arabia’s ZATCA calls on VAT-registered businesses to file December and Q4 2025 tax returns by January 31, warni...

Read More

ADIB Leads UAE Islamic Banking Push Into Open Finance Era

Abu Dhabi Islamic Bank becomes first Islamic lender to roll out Open Finance under the Central Bank’s AlTareq initiat... Read more

UAEs Masdar, Engie Secure Multi-bank Funding For 1.5GW Khazna Solar Project

Engie said the project will be its largest photovoltaic asset globally The post UAE’s Masdar, Engie secure multi-bank... Read more

National Bank Of Canada Opens Its First Office In The Region In Dubai

Ali Fares, MD and Head, MENA Capital Markets, relocated to Dubai; New office to support Canadian clients pursuing busin... Read more

Over 50 Per Cent Of MENA Private Equity Portfolios To Integrate AI By End Of 2026

More than 50 per cent of MENA private equity portfolios are set to adopt AI-driven value creation by end of 2026 as fir... Read more

CBUAE Hosts Bank Of Finland Chief For Talks On Future-proof Finance

Meeting highlights cooperation on stability, green finance and digital systems The post CBUAE hosts Bank of Finland chi... Read more

Europe Steps Up Support For Egypts Private Sector With $80m Fund Stake

EIB investment in RMBV North Africa Fund III targets high-growth sectors including consumer services, healthcare and ed... Read more

Abu Dhabis IHC Seals Major US Partnership To Drive Global Investment

IHC and DFC will mobilise private-sector capital for critical industries across emerging and frontier markets The post ... Read more

Jadwa Secures $80mn First Close For New GCC Private Credit Fund

Flagship blind-pool vehicle targets up to SAR750m as Jadwa deploys capital into first GCC investments The post Jadwa se... Read more

OPEC Fund Deepens AfDB Ties To Advance Sustainable Development Goals

Leaders meet in Côte d’Ivoire to reinforce collaboration on co-financing and development priorities across Africa Th... Read more

UAE Launches Creator-led Startup Accelerator Valued At Over $130m

UAE Creators HQ and 500 Global unveil a creator-led accelerator valued at over $130m, spotlighting new startups at 1 Bi... Read more

Commercial Bank International Receives Approval To Close Islamic Banking Window

Dubai-based lender says the planned closure will not materially affect its operations The post Commercial Bank Internat... Read more

UAE Economy Set To Grow 5% In 2026, Says World Bank

World Bank forecasts UAE economic growth of 5% in 2026 and 5.1% in 2027, as global growth proves more resilient despite... Read more

HSBC Taps Into UAE Rising Wealth Inflows With New Asset Management Arm

The London-headquartered bank is launching 10 onshore funds as it focuses its growth efforts on regions such as Asia an... Read more

Saudi Arabia Overtakes UAE As MENA Sustainable Finance Tops $35bn

Banks and energy firms drive sevenfold market expansion since 2020, according to Bloomberg Intelligence report The post... Read more