UAE Exempts 222 Citizens From $39mn In Debts
The programme contributes to social development by alleviating financial burdens, supporting retirees and social suppor... Read more
Abu Dhabis ADGM Sees Major Q1 2025 Growth As Global Firms, Fund Managers Flock To UAE
ADGM in Abu Dhabi sees growth in number of businesses, workers and assets Read more
Dubai Aerospace Enterprise Signs $300mn Unsecured Term Loan
Dubai-based aircraft leasing company signs major financing agreement with Bank of China Read more
UAE Calls On Financial Influencers To Obtain Licence
Securities and Commodities Authority calls on financial influencers in the UAE to obtain licence Read more
UAE Fines Exchange House $953,000 Over Rule Violations
CBUAE has issued hefty fine on exchange house over anti-money laundering and terrorism financing rule violations Read more
Saudi Arabia Tax Fine Waiver To End This Month
Saudi taxpayers can avail of waiver on fines until June 30 Read more
Al Salam Bank Offers Three Dedicated Eid ATMs In Key Bahrain Malls
Bank debit cardholders will be able to withdraw new banknotes in smaller denominations, tailored to the festive gifting... Read more
Eid Al Adha 2025 Dates Announced; UAE Petrol Prices Change; New Tax Rule Revealed; Dubai Real Estate Tokenisation – 10 Things You Missed This Week
UAE petrol prices, Eid holiday dates, tax rules and more top news stories this week Read more
Bitget Launches BGUSD To Bridge Traditional Finance And Crypto
BGUSD is redeemable for USDC at a 1:1 ratio and can be subscribed using USDC or USDT Read more
UAE Central Bank Slaps $27.8mn Fine On Exchange House
The UAE central bank has not disclosed the identity of the exchange house Read more
Al Salam Bank Exits Its 15.6% Shareholding In Seef Properties
The Bahrain bank’s newly formed asset management firm, ASB Capital, acts as sell-side advisor in the sale to GFH Read more
Investcorp Exits 12 US Residential Multiple-occupancy Assets
Exit was secured at a premium at a combined value of approximately $550 million; Assets were spread across five states Read more
MENA Region Records $46bn In M&A Activity In Q1
UAE leads MENA region in M&A activity as volumes and value see significant gains Read more
Comera Receives UAE Central Bank Approval To Launch Finance Company
Once operational, Comera Finance will offer a full suite of financial products and services, spanning retail, SME, and ... Read more
Saudi Aramco Issues 5-30 Year Dollar-denominated Bonds For $5bn
The oil giant still has a low gearing ratio among global oil companies, which gives them room for increased borrowing, ... Read more