Middle East Business News

Saudi Aramco Said To Plan $10bn Bond Next Week

Sources say state oil giant could issue its first international bond to help fund acquisition of Sabic stake Read more

Aramco, Uber Deals Take Middle East M&A Volume Near Europe Levels

Acquisitions involving targets in the Middle East and Africa are up more than six-fold this year to $103.4bn Read more

India's IL&FS To Sell Overseas Stakes, Including UAE

Debt-ridden Indian infrastructure firm set to sell ventures in the UAE to help raise resources to settle bills Read more

Dubai Digital Bank Liv Launches AI-powered Chatbot Olivia

With the launch of Olivia, Liv customers can get account information and insights on their spending as naturally as text... Read more

Abu Dhabi Fund, Uzbekistan Ink Deal To Set Up Investment Firm

Abu Dhabi Fund for Development, the national entity for international development aid, signs three agreements with the G... Read more

Over 300,000 Businesses Now Registered For VAT In The UAE

Federal Tax Authority also says that the Tax Refunds for Tourists Scheme is recording nearly 6,000 refund transactions p... Read more

Abu Dhabi's Eshraq Plans To List Shares In Saudi Arabia

Board of Eshraq Investments appoints Banque Saudi Fransi and Baker McKenzie as advisors on the Tadawul plan Read more

UAE's Amanat Approves $10m Dividend, Share Buyback Plan

GCC's largest healthcare and education investment company says dividend approved for fourth year in a row Read more

Mastercard To Invest $300m In Network International's Planned London IPO

Network International and Mastercard will also team up to support the development of electronic payments in the Middle E... Read more

Dubai Developer Secures $40m Financing For New Hotel Fit-out

Omniyat announces financing from Mashreq Bank for the fit-out of hotel in The Opus by Zaha Hadid in Downtown Dubai Read more

UAE Bank To Hold Investor Roadshow Ahead Of Issuing Bond

National Bank of Ras Al Khaimah to hold investor meetings in Hong Kong, Singapore and London Read more

Many UAE Expats Unprepared For Retirement - Survey

New survey reveals majority of UAE expats do not have realistic plans for securing a comfortable lifestyle when they fin... Read more

Saudi's Sidra Buys Student Housing Properties In The US

Financial services company says it has acquired a total of 2,058 beds across six US states Read more

New $450m Tamil Infra Fund To Target Middle East Investors

Tamil Nadu Infrastructure Fund Management Corporation's fund will be an impact investment fund that will be deployed in ... Read more

Dubai's Shuaa Confirms Merger Talks With Abu Dhabi Financial Group

Abu Dhabi Financial Group, together with its controlled entities, manages more than $20bn in assets Read more