Middle East Business News

Islamic Development Bank Approves $1.365bn Financing In 12 Countries

To support development projects, including renewable energy, power networks, transport corridors, water and agricultura... Read more

UAE Tops MENA Crypto Adoption And Ranks 5th Worldwide – Report

World Crypto Rankings 2025 highlights the UAE’s rise as a regional leader in digital assets and tokenisation, with Du... Read more

ADIO, Primavera To Collaborate To Attract High-growth Companies To Abu Dhabi

The partnership will increase cross-border capital flows, deepen investor partnerships and expand the footprint of glob... Read more

Saudi SME Bank Signs $801m Agreements To Expand Development Finance And Boost SME Growth

Saudi SME Bank signed $801m in agreements at MOMENTUM 2025 to expand development finance and strengthen SME funding Th... Read more

Crypto In The Spotlight As ADGM Reveals Next Wave Of Digital Asset Rules

FSRA’s latest regulatory enhancements target stronger supervision while supporting innovation across the region’s d... Read more

UAE Announces Two Tiers Of Sugar Tax Starting The New Year

Ministry of Finance announces tiered taxes ranging AED0.79-AED1.09 per litre on drinks that have more than 5 grams of s... Read more

Solmates Santori Says The UAE Is The Place To Build A “new Wall Street”

The Abu Dhabi-based company’s CEO says strategic location, proximity to capital ,and business-friendly environment ar... Read more

UAE, Saudi Arabia, Qatar, Kuwait And Bahrain Cut Key Interest Rates By 25bps Following US Fed Move

GCC central banks, including the UAE, Saudi Arabia, Qatar, Kuwait and Bahrain, cut key interest rates by 25bps after US... Read more

EDB Sets Up Abu Dhabi Office To Link Gulf Capital With Central Asian Projects

New ADGM platform will channel investment into infrastructure, sustainability and Islamic finance opportunities across ... Read more

HSBC Wins Saudi Regional HQ Licence For Investment Banking Arm  

Move strengthens Kingdom’s ambitions to become leading regional hub for global finance The post HSBC wins Saudi regio... Read more

MENA Region Set To Outpace Global Growth In 2026 On Back Of Investment And AI Adoption

Mastercard Economics Institute forecasts 3.6% regional expansion as Gulf states channel resources into renewables and t... Read more

Brookfield And Qatar Launch $20 Billion AI Infrastructure Joint Venture

Joint venture aims to make Qatar a leading AI hub in the Middle East The post Brookfield and Qatar launch $20 billion A... Read more

Dubai Pushes To Become Top Four Global Financial Centre As DIFC Expands

Dubai advanced its ambition to become a top four global financial centre as Sheikh Maktoum reviewed DIFC achievements T... Read more

Botim Money And Binance Sign MoU To Explore Expanding Crypto Access In The UAE

Partnership unveiled at Binance Blockchain Week aims to study safe and compliant digital asset services for millions of... Read more

Abu Dhabi Launches Major Finance Cluster To Drive $15.25bn GDP Boost, Lure $4.6bn Investment And Create 8,000 New Skilled Jobs By 2045

Abu Dhabi launches FIDA to expand fintech, insurance, digital and alternative assets, to add $15bn to GDP and create 8,... Read more