Middle East Business News

Emirates NBD Launches Private Banking Scheme As It Eyes Slice Of $980bn Middle East Generational Hand Down

Emirates NBD is attracting younger private banking customers as Middle East prepares for enormous generational wealth s... Read more

IHCs $1.36bn Share Buyback Programme To Start Next Week

First tranche of $490 million to begin on November 18 in a move to enhance shareholder value and optimise capital alloc... Read more

Saudi Arabias PIF Sells 2% Stake In Stc For Over $1bn

PIF maintains ownership of 3.1 billion shares, equivalent to 62 percent of stc's issued share capital, following the tr... Read more

FAB To Introduce UAE End-of-service Benefits Fund As Gratuity Alternative

First Abu Dhabi Bank gets approval for UAE end-of-service funds Read more

UAEs Zand Bank Partners With Paymentology to Accelerate Fintech Growth

The collaboration focuses on expanding financial services for fintechs and startups, aiming to accelerate innovation an... Read more

Visa Launches Flexible Payment Feature In US, UAE To Meet Growing Demand

For the UAE rollout, Visa has partnered with Liv Bank Read more

Bitcoin Breaks Records As Trump Wins White House, Nearing $90k As Crypto Market Enters Boom

With a market capitalisation of $1.75 trillion, the world’s biggest cryptocurrency has surpassed silver’s market va... Read more

Biban 2024 Ends With $9.4bn Of Deals In Saudi Arabia

Biban 2024 saw record levels of agreements and initiatives Read more

UAE Announces Major Investment And Transport Strategies; Visa-free Travel To Qatar, Golden Visas In Bahrain, Dubai Targets $272bn Real Estate Market – 10 Things You Missed This Week

UAE strategies for transport, investment and real estate, Qatar tourism, Bahrain Golden Visas and more of the biggest s... Read more

IHC Revenue Grow 49.4% $17.43 Billion; PAT Surges To $4.9bn

Real estate and construction segment outperform as company’s total assets reach $104.3 billion Read more

APEX Invest Abu Dhabi To See Participation Of Over 200 Investors, Allocators Managing Combined Assets Of $4trn

The event is slated to be held on November 18-19 at Yas Island, Abu Dhabi Read more

Bank Of England Cuts Interest Rates To 4.75%

It marks the apex bank's second reduction of 2024, after it began its easing cycle in August Read more

All-in-one Financial Platform NAGA Taps Mike Tyson For Campaign To Promote Its New App

The campaign features a video showing Mike Tyson discovering the simplicity of using NAGA, compared to the hassle of us... Read more

Bitcoin Price Hits All-time High As Cryptocurrency Market Rides On Trump Victory Wave

With institutional investors said to be positioning for further upside, the flagship digital asset is projected to reac... Read more

OKX Takes On Cryptos Biggest Challenge: Rebuilding Trust In The Industry

Rifad Mahasneh, General Manager of OKX MENA, on leading a crypto era focused on innovation, transparency, and user emp... Read more