Middle East Business News

Salama Ties Up With Policybazaar.ae For Its Life Takaful Insurance

The collaboration enables wider reach and easier access for its Shariah-compliant life insurance offerings Read more

Paymentology Expands Regional Presence With New Dubai Office

It will serve as a base for client delivery, partner engagement, and operations, and house an expanded team of local ex... Read more

UAE Corporate Tax Registrations Rise After Penalty Waiver

The initiative applies to Taxable Persons and certain categories of Exempt Persons required to register with the FTA in... Read more

IHC Acquires UAE Fintech EFunder, Rebrands It As Zelo To Tackle $250bn SME Funding Gap

Zelo will scale digital invoice financing for SMEs in the UAE, with IHC support and over $200m in funding already deplo... Read more

Saudi Arabia Leads MENA Venture Capital With $860m In H1 2025, Surpassing 2024 Total

Saudi Arabia secured 56% of all VC funding in the MENA region during the first half of 2025, recording 114 deals and su... Read more

GulfNav Raises $136.15mn Through Oversubscribed MCB Offering

The money raised will form a key component of the company’s $870mn acquisition of Brooge Energy Read more

Mubadala Makes Significant Reinvestment In PCI Pharma Services

Bain Capital becomes a new investor in the Philadelphia-based company, which is now valued at $10bn Read more

Saudi Arabia, UAE Leads $9.47bn MENA Sustainable Bond Market In H1 2025

Higher global interest rates and a pause in deals from Egypt and Qatar contributed to the lower volume, despite continu... Read more

UAE Pet Insurance: Is It Really Worth It? Experts Weigh In

With veterinary costs rising and more residents embracing pet ownership, insurance is becoming a growing consideration ... Read more

PIF Launches Tasama To Boost Saudi Entrepreneurship And Tech Ecosystem

New PIF-owned entity Tasama aims to transform Saudi Arabia’s business services sector, support startups, attract glob... Read more

UAE Central Bank Fines Bank AED3 Mn For AML Violations

The sanctions result from the CBUAE's examinations, which revealed the bank's failure to comply with the central bank i... Read more

Saudi Arabia Warns Businesses To File Excise Tax Returns By July 15 To Avoid Fines

ZATCA urges Saudi excise taxpayers to file May–June 2025 returns by July 15 to avoid penalties Read more

Abu Dhabis Lunate Adds HSBC As Its First International Authorised Participant For ETFs

The appointment will enhance liquidity and trading accessibility for public investors in Lunate’s range of UCITS and ... Read more

Amazon Payment Services Partners With Tamara BNPL To Expand UAE, Saudi Arabia Market

The partnership responds to rising demand for flexible payment options in both the UAE and Saudi Arabia Read more

Dubais DIB Helps Arrange $1 Billion Sovereign Financing For Pakistan

The Dubai bank was the sole Islamic global coordinator and worked with Standard Chartered as Joint Mandated Lead Arrang... Read more