UAE Tax Compliance Grows As FTA Sees 651,000 Corporate Registrants And VAT Refund Surge
UAE Federal Tax Authority reports global-level tax compliance, over 651,000 corporate registrants, and $31.4m in VAT re...
Read MoreADGM Turns 10 As Abu Dhabis $28.6tn Finance Hub Achieves Record Growth
ADGM celebrates 10 years of growth with $28.6tn global assets, 308 financial firms, and a 135% rise since 2021 in Abu D... Read more
Aqua Labs Backs UAEs Vision 2030 With Launch Of $20mn Startup Fund
The programme invites founders worldwide to apply for funding, mentorship, and access to Web3 infrastructure The post A... Read more
Alpha Dhabi Sells 8.5% Modon Stake To Abu Dhabi Governments Limad Holding
The wholly owned entity of the Abu Dhabi Government now owns majority share in Modon after buying IHC and ADQ stakes as... Read more
ADNOC Distribution Delivers Its Strongest EBITDA Since IPO For Q3
Quarterly EBITDA of $319mn is the highest ever, up 15.9%; Net profit surged to $221mn, up 21.5%; Record 9M fuel volumes... Read more
PIF Spending Shift To Spur Greenfield FDI In Saudi As Private Equity Expands
Bain’s Gregory Garnier says Saudi's sovereign wealth fund is entering a more disciplined phase, redirecting capital f... Read more
EXCLUSIVE: SEDCO Capital Listing Possible Within 3 Years, CEO Says Amid Saudi IPO Boom
CEO Rayyan Nagadi says the group’s investment arm could go public within 3 years, as Saudi Arabia’s buoyant IPO mar... Read more
Tabby Completes Secondary Share Sale At $4.5 Billion Valuation
The transaction involved HSG, Boyu Capital and other investors acquiring shares from existing shareholders The post Tab... Read more
Germanys DWS Secures Financial Services Permission To Open Office In Abu Dhabi
The group will establish a regional presence under ADGM’s regulatory framework, with end-to-end set-up support from A... Read more
Barclays Looking To Re-enter Saudi Arabia With Office In Riyadh
The British bank had exited the country in 2014; “Investment flows used to head out of the region, and now there’s ... Read more
UAE Launches Retail Sukuk For Citizens And Residents To Invest In Shariah-compliant Bonds
UAE Ministry of Finance launches ‘Retail Sukuk’, enabling citizens and residents to invest in Shariah-compliant Tre... Read more
Abu Dhabis ADQ To Partner US Government In $1.8bn Critical Minerals Project
As China tightens control, Orion Critical Mineral Consortium to focus on bolstering access to lithium, rare earths and ... Read more
Binance Boss CZ Grateful To Trump After Receiving Presidential Pardon
Zhao was “prosecuted by the Biden administration in their war on cryptocurrency”, says Karoline Leavitt, the White ... Read more
Saudi VAT: ZATCA Calls For Businesses To File Returns Or Face Fines
Saudi Arabia’s ZATCA reminds VAT-registered firms to submit returns by October 31 via website or app, or face fines o... Read more
Saudi Venture Capital To Increase Allocation To Private Credit Funds
Saudi Venture Capital will allocate half of its investments to private credit and equity, up from about a third last ye... Read more