Middle East Business News

Commercial Bank Of Dubai Backs Siemens Energy With AED 550mn Facility To Drive UAE Energy Projects

The facility will enable Siemens’s UAE unit to execute its expanding pipeline of projects and drive future growth Read more

UAE Central Bank Imposes AED2.6mn In Sanctions On Financial Institutions

The UAE Central Bank emphasised that the sanctions align with global initiatives aimed at promoting tax system integrit... Read more

Bupa Arabia Launches Saudi Arabias First No-pre-approval Health Insurance Model

The company also announced plans to significantly expand the ‘no-pre-approvals network’ in 2025, with the addition ... Read more

ADCB Upgraded To A+ By S&P, Among MENAs Top 3 Highest-rated Banks

The upgrade is driven by the ADCB's strong financial position and high asset quality Read more

UAE Launches New AED100 Note

Central Bank of the UAE releases new AED100 note Read more

GCC Royal Private Offices Manage Close To $500 Billion In Assets: Report

Sovereign wealth fund tracker Global SWF has identified 35 RPOs in the GCC, with the UAE home to a vast majority of the... Read more

Middle East M&A Market Resilient In 2024 As AI, Renewables And Infrastructure Deals Stand Out

Middle East M&A market outperforms global average as 475 deals made and AI, renewables and infrastructure sectors i... Read more

UAE Announces Eid Holiday; Dubai Metro Station Renamed; $1m Real Estate Saving Guide; New Free Zone Rules – 10 Things You Missed This Week

UAE Eid holiday dates, Dubai Metro station renamed, real estate analysis, free zone rules updated and more top news sto... Read more

Dubai Rated As A Top 5 FinTech City And Climbs Financial Centre Rankings

Dubai emerging as one of the most important financial centres in the world in respected ranking Read more

Lunate Partners With BNY, SS&C To Support UAEs Ghaf Benefits End-of-service Scheme

BNY will provide custody services for international securities across multiple markets, while SS&C will be responsi... Read more

Abu Dhabis ADQ To Partner ECP In $25bn Investment In The US Energy Infrastructure

The 50-50 partnership will focus on developing new power generation to serve the growing electricity needs of data and ... Read more

Hubpay Launches Innovative Payroll Solution To Simplify Global Payments For UAE Businesses

Hubpay Payroll aims to streamline cross-border payroll management, offering competitive FX rates and facilitating seaml... Read more

UAE Corporate Tax Guide 2025: Deadlines, Fines, Thresholds And Rules Explained

UAE Corporate Tax deadlines are approaching, find out essential rules to avoid fines Read more

Waha Capital Shareholders Approve 2024 Dividend And CSR Initiative

Cash dividend of AED0.1 for FY 2024; Shareholders also authorise the allocation of up to 1% of the  net profit to CSR ... Read more

Hassana Acquires 40% Stake In Saudi Bottled Water Giant Berain

The strategic transaction marks the beginning of a long-term partnership between Rajhi-Invest and Hassana Read more