Middle East Business News

Abu Dhabi Cements Global Finance Ambitions As ADGM Adds Institutions Managing Over $9tn In Assets

ADGM enters second decade with 11 new global institutions managing $9tn in assets, reinforcing Abu Dhabi’s rise as fi... Read more

ADQ Secures $5bn Debut Syndicated Loan In Greater China

ADQ closes its debut $5bn five-year syndicated financing in Greater China after demand topped $12bn, marking regional m... Read more

CBD Becomes First UAE Bank To Activate Open Finance For Customers

This has been done under the oversight of the Central Bank of the UAE, and in collaboration with licensed third-party p... Read more

Mashreq Ends Year With Successful $2bn Placement Of Syndicated Loan

The loan is the largest funding transaction in the history of Mashreq; It’s also the bank’s first syndicated loan i... Read more

UAE Central Bank Shuts Down Omda Exchange, Slaps $2.7m Penalty

The UAE Central Bank has revoked Omda Exchange’s licence, removed it from the register and imposed a $2.7m penalty Th... Read more

Saudi Central Bank Issues New Fees Guide For Financial Institutions

Updated framework replaces existing Banking Tariff and introduces lower caps on selected service charges The post Saudi... Read more

Saudi Arabias SAMA Issues Updated Regulation For Finance Companies

Revised rules cover licensing requirements, aggregate financing limits and related-party provisions The post Saudi Arab... Read more

Sheikh Zayed Bin Hamdan Appointed Chairman Of 2PointZero Board

The Board brings together sovereign leadership, global investment expertise and operational excellence; MD Mariam Almhe... Read more

M&A In The Middle East Surges 260% To $53bn As Dealmakers Drive Energy And Tech Expansion

Middle East M&A deal values jump 260% to $53bn in 2025, led by energy consolidation and fast-growing technology and... Read more

UAE To Apply Reverse VAT Charge On Scrap-metal Trading From January 2026

New Cabinet decision shifts VAT accounting to buyers in a move aimed at curbing fraud and strengthening tax compliance ... Read more

KKR Makes First Saudi Investment With Financing For Key Desalination Plant

The global investment firm KKR has partnered with ACWA Power to support long-term water security under Vision 2030 The ... Read more

UAE Announces Updated Excise Tax Rules

UAE issues Cabinet Resolution No. 198 of 2025 amending Excise Tax rules to improve compliance and enhance procedures Th... Read more

DIFC Joins Global Privacy Forum To Strengthen Cross-border Data Governance

Membership of the Global Cross-Border Privacy Rules Forum reinforces Dubai’s ambition to be a leading hub for the dig... Read more

Mubadala Completes Acquisition Of Service Logic In Partnership With Bain Capital

Service Logic is headquartered in Charlotte, North Carolina, and is a leader in comprehensive commercial HVAC and build... Read more

Saudi Arabian Bank Credit Reached An All-time High Of $880 Billion

Saudi Central Bank’s monthly statistical bulletin says this is an annual increase of 13.6%; credit issued is distribu... Read more