Middle East Business News

Al Ansari To Launch Payment Solutions For Underbanked With Abhi Collaboration

Customers will be able to access their earned wages prior to the scheduled payroll date and remit funds internationally... Read more

UAE Announces Major New VAT Rules For Precious Metals, Stones Trade

The new decision, which supersedes the UAE Cabinet Decision No. (25) of 2018, now covers gold, silver, palladium, plati... Read more

Aldar Issues $1bn Hybrid Notes

Landmark issuance by Aldar underscores confidence of regional and international investors Read more

Abu Dhabis ADGM Announces New Employment Rules; Remote Work, Part-time Definitions And Visa Guidelines Begin On April 1

ADGM has announced upcoming rule changes for firms in Abu Dhabi Read more

Saudi Central Bank Awards Licence To SEULAH ALAWLA Microfinance Firm

Saudi Arabia issues licence to 63rd finance company Read more

Crypto Exchange Bitget Integrates ZEN.com For Seamless Fiat Deposits And Withdrawals In 11 Currencies

To celebrate this partnership, the two launched an exclusive campaign, rewarding users with a 3-month ZEN PRO trial, ze... Read more

Saudi Arabia Tops MENA Venture Capital Funding With $750m Investments In 2024

Saudi Arabia accounted for 40 per cent of venture capital funding in MENA region last year Read more

Checkout.com Teams Up With Noqodi To Revolutionise Payment Solutions Across UAE

As part of the collaboration, Checkout.com will integrate its cutting-edge payment technology with noqodi’s robust di... Read more

ADNOC L&S Inks $2bn Hybrid Capital Instrument financing With Leading Banks

Initial drawing against the HCI will be $1.1 billion Read more

Saudi Arabia Calls On Taxpayers To Submit Forms By Friday Or Face Fines

Saudi authorities advise withholding taxpayers to submit paperwork by January 10 Read more

Abu Dhabi Launches Registration Authority To Boost Business Sector, Plans New Licences

Abu Dhabi introduces registration and licensing authority to regulate business sector in the emirate Read more

Saudi Arabia Sees 67% Spike In Commercial Registrations

Saudi Arabia has more than 1.6m commercial registrations Read more

PIF Announces $7bn Murabaha Credit Facility In Saudi Arabia

Saudi Arabia’s Public Investment Fund agrees $7bn credit facility with 20 international financial institutions Read more

Mashreq Finalises $385mn Sale Of Majority Stake In NEOPAY

The UAE company retains a significant minority stake in the business after the sale to Arcapita Group and DgPays Read more

New EU Law To Trigger Exodus Of Crypto Ventures Flocking To UAE

The EU's loss could be the UAE's gain as new crypto regulations are expected to trigger an exodus of virtual asset firm... Read more