Middle East Business News

Qatar Gas Transport Seeks $1bn Loan As It Looks To Increase Fleet Size

Bloomberg reports Mizuho Bank will be the sole mandated lead arranger and bookrunner of the five-year deal Read more

UAE Authorities Collect Over $97m In Taxes And Fines In Record 85,500 Inspections In H1 2025

UAE tax authorities conduct record number of inspections and collects tax and fine revenue Read more

Emirates NBDs Zero-fee Trading Hits $1.4bn In First Year

Emirates NBD sees more than 300,000 commission-free trades on UAE exchanges within one year  of service launch Read more

Dubai Free Zone DMCC Attracts 1,100 New Companies In H1 2025 As Tech And Trade Ecosystems Surge

Dubai Multi Commodities Centre is attracting more businesses and more sectors as it reports record performances Read more

Rolls-Royce Sells Its UK Pension Fund In A $5.8bn Deal With PIC

Said to be “another step on our journey towards simplifying Rolls-Royce”, it is the largest UK risk-transfer deal s... Read more

Saudi Arabia Warns Businesses To Submit Tax Filings By Sunday Or Face Fines

Saudi tax authorities issue final call for July tax filings ahead of looming deadline Read more

Thndr Joins ADX As First Remote Retail Trading Member, Unlocking UAE Market Access For Millions Of Investors

With more than $13bn in trades and over 4m users, digital investment app Thndr joins Abu Dhabi Securities Exchange Read more

Rania Nerhal Sheds Light On Humanising The Digital Banking System

From regulation to open finance, several trends are set to redefine the next generation of banking Read more

Brookfield Appoints Saad Alfadly As Chairman Of Its KSA Board

Saad brings over 25 years of experience and will oversee Brookfield’s strategic direction and objectives in the Kingd... Read more

Dubais Al Mal Capital REIT Raises AED 210mn In Oversubscribed Public Offering

This comes amid a broader uptick in investor interest in REITs across the region Read more

Tarabuts Open Finance Platform Secures In-principle Approval From CBUAE

Becomes the first regional fintech to be licensed under Open Finance frameworks in three major Gulf economies – Saudi... Read more

Al Ramz Net Profit Jumps To AED 18.8mn In H1 2025

The UAE-based financial services firm's net profit jumped sevenfold on market-making gains and digital growth Read more

First Abu Dhabi Bank Opens New London Branch, Marking 48 Years In The UK

FAB first entered London through its predecessor National Bank of Abu Dhabi, and the city now serves as a hub for priva... Read more

Estithmar Holding Net Profit Doubles To $128mn In H1 2025

Doha-based investment firm posts revenue of QAR 3.073 billion as international expansion drives growth Read more

UAE Central Bank Follows Fed Lead And Maintains Base Rate At 4.4%

Also decides to maintain the interest rate applicable to borrowing short-term liquidity at 50 basis points above the Ba... Read more