Middle East Business News

Abu Dhabis Titanium Escrow Crosses $5bn Transaction Mark

ADGM-based company completes five years of operations; UAE capital becoming the fundholding jurisdiction of choice for ... Read more

UAE Workers Can Now Collect Unemployment Benefits At Al Ansari Exchange Outlets

The service operates across more than 270 Al Ansari Exchange branches in UAE Read more

Kenyas Equity Group To Open Representative Office In The UAE

The new office aims to facilitate business, trade and investment opportunities with the UAE, and the wider Middle East,... Read more

Aramco Close To $10bn Jafurah Infrastructure Deal With BlackRock

Sources tell Reuters that the deal is backed by infrastructure, including pipelines, gas processing plant, and similar ... Read more

UAE Announces New Tax Benefits For Fair Value Investment Properties

UAE taxpayers who elect for the realisation basis can now deduct depreciation from their taxable income for investment ... Read more

UAE Central Bank Fines Foreign Bank Branch $164,000 For Regulatory Violations

The UAE central bank did not identify the specific foreign bank branch that received the penalty Read more

Salama Ties Up With Policybazaar.ae For Its Life Takaful Insurance

The collaboration enables wider reach and easier access for its Shariah-compliant life insurance offerings Read more

Paymentology Expands Regional Presence With New Dubai Office

It will serve as a base for client delivery, partner engagement, and operations, and house an expanded team of local ex... Read more

UAE Corporate Tax Registrations Rise After Penalty Waiver

The initiative applies to Taxable Persons and certain categories of Exempt Persons required to register with the FTA in... Read more

IHC Acquires UAE Fintech EFunder, Rebrands It As Zelo To Tackle $250bn SME Funding Gap

Zelo will scale digital invoice financing for SMEs in the UAE, with IHC support and over $200m in funding already deplo... Read more

Saudi Arabia Leads MENA Venture Capital With $860m In H1 2025, Surpassing 2024 Total

Saudi Arabia secured 56% of all VC funding in the MENA region during the first half of 2025, recording 114 deals and su... Read more

GulfNav Raises $136.15mn Through Oversubscribed MCB Offering

The money raised will form a key component of the company’s $870mn acquisition of Brooge Energy Read more

Mubadala Makes Significant Reinvestment In PCI Pharma Services

Bain Capital becomes a new investor in the Philadelphia-based company, which is now valued at $10bn Read more

Saudi Arabia, UAE Leads $9.47bn MENA Sustainable Bond Market In H1 2025

Higher global interest rates and a pause in deals from Egypt and Qatar contributed to the lower volume, despite continu... Read more