Middle East Business News

Saudi Arabia Warns Businesses To Submit Tax Filings By Sunday Or Face Fines

Saudi tax authorities issue final call for July tax filings ahead of looming deadline Read more

Thndr Joins ADX As First Remote Retail Trading Member, Unlocking UAE Market Access For Millions Of Investors

With more than $13bn in trades and over 4m users, digital investment app Thndr joins Abu Dhabi Securities Exchange Read more

Rania Nerhal Sheds Light On Humanising The Digital Banking System

From regulation to open finance, several trends are set to redefine the next generation of banking Read more

Brookfield Appoints Saad Alfadly As Chairman Of Its KSA Board

Saad brings over 25 years of experience and will oversee Brookfield’s strategic direction and objectives in the Kingd... Read more

Dubais Al Mal Capital REIT Raises AED 210mn In Oversubscribed Public Offering

This comes amid a broader uptick in investor interest in REITs across the region Read more

Tarabuts Open Finance Platform Secures In-principle Approval From CBUAE

Becomes the first regional fintech to be licensed under Open Finance frameworks in three major Gulf economies – Saudi... Read more

Al Ramz Net Profit Jumps To AED 18.8mn In H1 2025

The UAE-based financial services firm's net profit jumped sevenfold on market-making gains and digital growth Read more

First Abu Dhabi Bank Opens New London Branch, Marking 48 Years In The UK

FAB first entered London through its predecessor National Bank of Abu Dhabi, and the city now serves as a hub for priva... Read more

Estithmar Holding Net Profit Doubles To $128mn In H1 2025

Doha-based investment firm posts revenue of QAR 3.073 billion as international expansion drives growth Read more

UAE Central Bank Follows Fed Lead And Maintains Base Rate At 4.4%

Also decides to maintain the interest rate applicable to borrowing short-term liquidity at 50 basis points above the Ba... Read more

Joyalukkas Secures AED500m Capital Boost From Emirates NBD For Global Expansion

The deal is fully integrated with Emirates NBD’s advanced digital and trade platforms, offering Joyalukkas real-time ... Read more

UAE Central Bank Suspends Foreign Insurers Motor Business Over Solvency Issues

The CBUAE cited the entity's non-compliance with solvency and guarantee requirements specified in the Law and prevailin... Read more

Standard Chartered Launches UAEs First Sustainable Escrow And Account Bank Solution

New solution enables clients to align cash deposits with sustainability goals through a market-first offering available... Read more

UAE Corporate Tax: Businesses Must Register July 31 Or Face $2,723 Penalty

The initiative applies to Corporate Taxpayers and certain exempt persons who are required to register with the FTA in t... Read more

Dubai Islamic Bank Executes The First Islamic Finance Deal With Turkish Airlines

In a significant step for Shariah-compliant structures, DIB helps Turkish Airlines induct a new Airbus A350-941 on a 12... Read more