Middle East Business News

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

Etihad Credit Insurance Posts $2.72bn Guarantees, $4.1bn Insured Exports

Etihad Credit Insurance passed $2.72bn in guarantees and $4.1bn in insured exports, with SME growth of Xport Xponential... Read more

Ruya Launches Worlds First Shariah-compliant Bitcoin Trading Service For Islamic Banking Customers

Ruya becomes the first to enable Shari’ah-compliant Bitcoin buying and selling in-app, partnering with Fuze amid cryp... Read more

Binance Secures First Global Crypto Licence Under Abu Dhabis ADGM Framework

The approval covers Binance’s operations through three regulated entities based in Abu Dhabi, spanning exchange servi... Read more

UAE Sets Fines For E-invoicing Failures Ahead Of 2026 Rollout

Businesses face monthly penalties of up to AED5,000 for non-compliance as the Ministry of Finance prepares to launch na... Read more

ADGM Posts 48% AUM Surge And Strong Q3 Growth As Entities Pass 11,900 Licences

ADGM reports a 48% rise in AUM, licence growth and expanding real estate activity in Q3, reinforcing position as financ... Read more

Mastercard Predicts AI, Digital ID And Crypto To Reshape Payments In 2026

Mastercard report reveals six industry trends set to revolutionise money movement as AI agents, digital identity tools ... Read more

Peel Hunt Goes Global With Abu Dhabi Push

New Middle East office marks the bank’s biggest leap yet as it chases rising capital flows in the Gulf The post Peel ... Read more