Qatars Top Banks Post $3.9bn H1 Profit, But Rising Costs Squeeze Returns: Moodys
Qatar’s biggest banks reported a slight rise in first-half profits, but Moody’s Ratings warned that mounting costs,... Read more
Saudi Arabia Launches $400m Fund To Boost Startups And SMEs
Saudi Arabia will refund SAR1.5bn ($400m) in government fees to startups and SMEs through the Estrdad initiative Read more
Saudi Bank Credit Hits Record $849bn In June 2025, Up 15.8% Year-on-year
Saudi bank credit hit a record SR3.18tn ($849bn) in June 2025 — here’s what it means for businesses and investors Read more
UAE Holiday, Petrol Price Changes, Tax Update, Saudi Property Reforms, New Kuwait Laws – 10 Things You Missed This Week
From a new UAE holiday and petrol price changes to a significant tax update, Saudi property reforms and new Kuwait laws... Read more
UAE Warns Businesses To Keep Tax Records For 7 Years Or Face Penalties
UAE FTA warns firms to keep tax records for 7 years and file returns on time or face penalties Read more
Abu Dhabis Lunate Expands Into Hedge Fund With Brevan Howard Partnership
Platform to be domiciled in ADGM; The partners will launch newly created funds with an initial long-term commitment of ... Read more
Dubai Finance Department, GDFRA Sign MOU To Support Cashless Dubai Strategy
The strategy targets 90% of all financial transactions in both government and private sectors to be carried out digital... Read more
Sukoon To Provide Family Takaful To Emiratis Up To 95 Years Of Age
The extended coverage will be part of the company’s tie-up with the Sheikh Zayed Housing Program Read more
Saudi Arabia Launches First Mortgage-backed Securities As SAMA Boosts Housing Finance Market
Saudi Central Bank approves Saudi Real Estate Refinance Company to launch the Kingdom’s first mortgage-backed securit... Read more
Saudi Businesses Warned: Up To 25% Fines For Missing August Tax Deadline
ZATCA urges Saudi businesses to file tax returns this month Read more
UK Is The Wests Leading Islamic Finance Hub, Says Fitch As Funds AUM Pass $12.5bn
Fitch: UK to remain West’s Islamic finance hub as LSE leads hard-currency sukuk and AUM surges Read more
TAQA Secures $2.31bn Term-loan, In AED, To Boost Liquidity And Advance Growth
Structured as a floating rate two-year facility, it delivers lower borrowing costs and allows for phased drawdowns and ... Read more
UAE Gold Reserve Surges 25.9% In First Five Months Of 2025 To $7.88bn
CBUAE stats say demand deposits grew to $320bn, savings deposits to $97.91bn, while time deposits exceeded AED1tn for f... Read more
Du Pay Launches Salary In The Digital Wallet Feature To Boost Financial Inclusion In UAE
The service provides customers with a unique IBAN upon registration, enabling direct salary transfers into digital wall... Read more
UAE Issues Tax Deadline Warning
UAE Federal Tax Authority urges businesses to file Corporate Tax returns and pay dues on time Read more