Middle East Business News

Dubais Magellan Capital Launches Flagship $975m Hedge Fund

Dubai-based manager is opening its absolute return platform to third-party capital for the first time The post Dubai’...

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UAEs FAB Posts 22% Jump In Q4 Profit, Beats Estimates

UAE's biggest bank FAB reported a record 2025 profit after strong Q4 results, higher non-interest income and expanding ... Read more

Dubai Unveils $27.2bn DIFC Zabeel District In Landmark Financial Hub Expansion

Dubai unveils $27.2bn DIFC Zabeel District, a landmark expansion set to reshape the city’s financial hub amid global ... Read more

Digital Payments Dominate Saudi Arabia As Cash Use Continues To Decline, Visa Says

Visa research shows 80% of transactions in Saudi Arabia are now digital, highlighting accelerating consumer shift away ... Read more

Saudi Venture Capital Surges 145 Per Cent To $1.72bn In Record 2025

Saudi Arabia leads MENA venture capital for a third year, with 2025 investment reaching $1.72bn across a record 257 dea... Read more

GCC Debt Market Tops $1.1trn As Dollar Issuance Surges – Report

Fitch Ratings says GCC debt capital markets grew 14% in 2025, led by US dollar borrowing and record sukuk activity The ... Read more

Humain Secures $1.2bn To Fuel Saudi AI Push

Saudi Arabia's state-backed AI firm secures financing to build 250 megawatts of data centre capacity, as the kingdom ra... Read more

Global FDI Jumps 14% In 2025 To $1.6 Trillion, UNCTAD Says

Data centre projects topped $270 billion in 2025, making up more than one fifth of global greenfield investment, as sem... Read more

UAE Tax Compliance In 2026: All You Need To Know

Experts warn that deeper audits, stricter documentation requirements and the rollout of e-invoicing will reshape tax op... Read more

Saudi Arabia Approves National Insurance Sector Strategy Under Vision 2030

Saudi Arabia approves National Insurance Sector Strategy, outlining reforms to boost growth, protection and insurance p... Read more

Qatar Targets $25bn Investment As Goldman Sachs Deepens QIA Partnership

Qatar Investment Authority and Goldman Sachs sign MoU to expand partnership, with QIA targeting $25bn investments The p... Read more

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