Middle East Business News

Dubai DIFC Assets Soar 58 Per Cent To $700bn As US Firms Expand Regional Footprint

US financial firms expand in Dubai DIFC as AUM hits $700bn, rising 58 per cent in 2024. DIFC CEO highlights hedge fund ...

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Saudi R&D Spending Jumps 30.4 Per Cent To $7.86bn

Saudi Arabia R&D spending surged 30.4 per cent to $7.86bn in 2024, with business and government sectors driving inv... Read more

Investcorp Capital Acquires US Industrial Services Firm Kanawha Scales & Systems

Abu Dhabi-listed Investcorp Capital has acquired Kanawha Scales & Systems, a leading US industrial weighing and aut... Read more

Sukuk And Bond Pricing Aligned As Markets Stabilise, Says Fitch

Pricing correlation between sukuk and comparable bonds has remained strong at above 0.90, with recovery following a bri... Read more

IHCs RIQ Partners With Masdar On Reinsurance Solutions For Clean Energy

Three-year agreement aims to embed AI-driven reinsurance capacity into Masdar’s global energy portfolio, supporting c... Read more

Abu Dhabis IHC Names Leadership Team For 2PointZero

Following one of Abu Dhabi’s largest listed mergers, IHC has announced the leadership of 2PointZero Group, a new inve... Read more

Saudi CMA Proposes Major Rule Changes On Shareholder Rights And Board Removals

Saudi Arabia’s CMA mulls major reforms to shareholder rights and board removals, aiming to strengthen governance of l... Read more

UAE Bank Loan Growth Accelerates As Overseas Lending Strengthens – Report

Fitch Ratings says UAE banks recorded robust loan growth in Q3 2025, fuelled by strong domestic conditions and expandin... Read more

AI In Dubai: DIFC Firms Report 166% Surge In Generative AI Use

DFSA’s 2025 survey finds Generative AI use up 166% in DIFC, with 52% now using AI as Dubai financial sector embraces ... Read more

Dubai Unified Licence Slashes Business Bank Setup Time From 65 To 5 Days

Dubai Unified Licence cuts business bank setup time from 65 to 5 days, a 90 per cent reduction that boosts ease of doin... Read more

UAE Makes History With First Government Transaction Using Digital Dirham

UAE executes its first government transaction using the Digital Dirham, marking a major step in building national digit... Read more

Multiply Group Set To Expand With Two New Acquisitions

Shareholders approve plans to acquire 2PointZero and Ghitha Holding as company also moves to rebrand The post Multiply ... Read more

Qatar Investment Authority And Orix To Launch $2.5bn Japanese PE Fund

New fund, backed by Qatar’s sovereign wealth fund and Japan’s Orix Corp, will focus on buyout opportunities in busi... Read more

UAE Ranked Among Worlds Most Advanced Digital Asset Regulators: Report

The UAE joins Singapore and Switzerland among the world’s top jurisdictions for digital asset regulation, according t... Read more

Network International Partners With CredibleX To Expand SME Digital Lending Services

Collaboration will enhance Network International’s digital lending marketplace, offering UAE small and medium enterpr... Read more