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
Al Seer Marine Secures $207mn Loan From ADCB To Accelerate Expansion
The facility, on an 8-year term, strengthens Al Seer’s capital structure to support diversified fleet growth and stra... Read more
Abu Dhabi Islamic Bank Mobilises $4.63bn In Sustainable Finance, Leads Region In Green Sukuk
Abu Dhabi Islamic Bank first in the region to set 2030 financed emissions reduction targets across six high-impact sect... Read more
UAE Central Bank Fines Exchange Houses $1.12m For Anti-money Laundering Violations
CBUAE fines exchange houses over anti-money laundering violations Read more
Qatar Refers 13 Companies To Prosecution Over Tax Evasion In H1 2025
Qatar authorities clamping down on tax evasion with legal proceedings Read more
UAE GPSSA Introduces Daily Penalties For Late GCC National Pension Contributions
GPSSA will begin implementing penalties on employers who delay payment of due contributions for their GCC national empl... Read more