Abu Dhabi SME Champions Program Delivers $183m In Deals, Boosts Procurement Opportunities
Khalifa Fund’s SME Champions Program enabled 652 deals worth $183m by 2024, with registered companies nearly tripling... Read more
UAE Central Bank Slaps $1.6mn Fine On Foreign Bank Branch For AML Violations
The CBUAE stated it endeavours to ensure all banks and their staff abide by UAE laws, regulations and standards through... Read more
Middle East Investors Should Pivot To Emerging Markets And Gold Amid Weak Dollar: Standard Chartered
Standard Chartered urges Middle East investors to rebalance portfolios amid global volatility Read more
Kuwait Introduces Tax Rules, Expects $820m In Revenue
Kuwait issues new multinational tax regulations and expects $820m in annual revenue Read more
Crypto In 2025: Buy, Wait Or Exit?
With Bitcoin touching new heights over $110,000 in June 2025, the question among crypto investors is whether this repre... Read more
Saudi Arabia Extends Cancellation Of Fines And Exemption Of Penalties By 6 Months
Minister of Finance approves the extension to taxpayers under all Saudi tax laws, starting July 1 this year until 31 De... Read more
Saudi Arabia Banking Sector Shows Strong Start To 2025 With Improved Profitability
The kingdom's economy is expected to grow by 3.6% year-on-year in 2025, with non-oil activities contributing significan... Read more
Al Ansari Exchange Launches New Digital Prepaid Cards Via UAE Mobile App
Al Ansari Exchange now offers instant digital versions of its TravelCard and FlexiblePay cards to customers Read more
UAE Raises $300m In June 2025 Islamic T-Sukuk Auction, Oversubscribed 5.6 Times
UAE completes $300m Islamic T-Sukuk auction with 5.6x oversubscription, strong investor confidence Read more
UAEs Mashreq Inaugurates A Representative Office In Turkiye
It’s the 15th country globally where Mashreq has operational presence Read more
UAE Earns Top Sovereign Credit Ratings From Moodys, S&P, And Fitch In 2025
The UAE has secured strong sovereign credit ratings from the world’s top three agencies – S&P Global (S&P), ... Read more
CBUAE Suspends New Islamic Banking Customers At UAE Bank For 6 Months
Central Bank of the UAE suspends bank from adding new customers on Islamic Window Read more
Oman Announces 5% Income Tax: Everything You Need To Know
Oman to implement 5% personal income tax from 2028 Read more
Dubai Residents Can Now Instantly Check Credit Scores Online
Etihad Credit Bureau partners with DubaiNow to allow users to access credit reports and scores directly in-app Read more
UAE Central Bank Gold Reserves Hit $7.46bn In Q1 2025
The UAE Central Bank increased its gold reserves to $7.46bn in Q1 2025 as total bank transfers hit $1.48tn Read more