Middle East Business News

Major Changes To UAEs VAT Rules Impact Fund Managers And Virtual Asset Traders – All You Need To Know

Fund managers andvirtual asset traders, including crypto, are exempt from VAT Read more

Mubadala And Alpinvest Launch Global Finance Fund

Mubadala and Carlyle’s Alpinvest establish senior fund financing investment partnership Read more

UAE APP Scam Losses Surge 43% To $8.3mn In 2023, Report Reveals

APP scams are a form of trust-based manipulation, deceiving individuals into willingly transferring funds to fraudsters Read more

Emirates Family Office Association And MEVCA Forge Strategic Partnership

The partnership will see two collaborate to launch carefully curated, closed-door initiatives fostering knowledge shari... Read more

Saudi Insurers Profits Shift To Top 5 Firms As Smaller Rivals Struggle: Report

The S&P report forecasts that top-line growth in Saudi Arabia's insurance sector will moderate to about 10-15% in 2... Read more

Beam Ventures To Launch $150m Abu Dhabi Gaming Fund

Beam Ventures eyes opportunities to thrust Abu Dhabi to the centre of the global gaming industry Read more

Saudi Arabias SNB Capital To Launch Public Offering Of New Petrochemical-focused Fund

Launch plan follows the Saudi market regulator gives its nod Read more

Trading Crypto In Dubai? What You Need To Know About The Latest Court Ruling

Experts advise individuals engaging in crypto trading to regularly review updates to VARA and Securities and Commoditie... Read more

BitOasis Secures Full VASP License From Dubais VARA

The firm said it will transition to operating under its new license with immediate effect Read more

Chinese Companies Flock To Dubai As UAE-China Trade Tipped To Reach $200bn By 2030

DIFC in Dubai a hub for Chinese investors as UAE and China strengthen business bonds Read more

AE Coin: UAEs First Stablecoin Approved

AE Coin granted final approval by Central Bank of the UAE Read more

Egypt Considers Issuing Green, Islamic Bonds In Local Market For First Time: FM

The move is part of its strategy to improve government debt indicators by diversifying funding sources Read more

Dubai Securities And Exchange Higher Committee Reviews Successes As DFM Market Cap Reaches $218bn Amid International Investor Surge

Sheikh Maktoum reviews performance of Dubai Securities and Exchange Higher Committee in 2024 Read more

Samsung Pay Launched In Saudi Arabia

Saudi Central Bank announces launch of Samsung Pay service in the Kingdom Read more

UAE Set To Introduce New Tax On January 1

UAE will introduce a new tax on January 1, 2025 as well as investigate incentives for innovative companies Read more