Middle East Business News

Dubai Watchdog DFSA Slaps $100,000 Fine On Marketing Firm For Misleading Financial Promotions In DIFC

The regulator imposed a fine of $100,000 (AED367,000) on Vedas Marketing for two violations Read more

Bitget Introduces Bitget Pay For Instant Zero-fee Cross-border Cryptocurrency Transactions

The launch of the new payment system reflects the ongoing trend toward broader adoption of digital currencies, aiming t... Read more

UAE Sets November Deadline For Corporate Tax Registration: What Businesses Need To Know

The FTA has urged businesses to review the Corporate Tax Law and related guidelines on tax.gov.ae Read more

Saudi Arabias PIF Signs $51bn Of Deals With Japanese Financiers

PIF signs $51bn of deals as Saudi Arabia and Japan strengthen ties Read more

Gig Economy In Dubai: Emirates, Amazon, Careem And GEMS Education Team Up To Support Sandbox Initiative

Leading companies in Dubai collaborate on Gig Economy Sandbox initiative to develop emerging sector Read more

Crypto.com, Beyon Money Sign MoU To Enhance Payments And Transaction Services In Bahrain

The agreement envisages seeking joint innovation opportunities in artificial intelligence and open banking Read more

Saudi Arabias Riyadh Air Secures SAR 3bn Islamic Credit Facility Ahead Of 2025 Launch

Eight financial institutions have participated in the arrangement Read more

UAEs Non-oil Sector Drives Islamic Finance Expansion: S&P

The country’s insurance sector, both conventional and Islamic, is projected to expand by 15 to 20 percent, driven by ... Read more

Dubai Announces New Financial Misconduct Laws With Travel Bans And Asset Freezing For Offenders

Dubai amends Financial Audit Authority laws with penalties and appeal rules for violators Read more

Saudi Investments: PIF And Brookfield Team Up For $2bn Spending Boost

Saudi Arabia’s PIF and Brookfield Asset Management look ahead to $2bn investments in the Kingdom Read more

Middle East Needs Stronger Policies To Tap Into $900bn Green FDI Flows, Energy Expert Says

The region has seen limited green investment flows compared to Europe and the US despite offering the world's lowest re... Read more

Revealed: UAE Emerging As Hotbed For Global Hedge Funds As Funds Embrace Digital Assets In A Big Way

Most hedge funds are also participating in funding rounds involving promising firms coming up in the sector in the UAE ... Read more

Saudi Arabias PIF Pivots To Domestic Focus, Eyes AI Revolution, Says Al-Rumayyan

The fund is reportedly in early discussions about a potential AI partnership worth up to $40 billion with venture capit... Read more

Beleaguered Boeing Launches $22 Billion Share Offering

Airline major to launch public offerings of 90 million shares of common stock and $5 billion of depositary shares Read more

UAE Investment Firm Seventy Ninth Group Doubles Funding To $648k For UK Metals Explorer Amid Soaring Gold Prices

The increase from £230,000 to £500,000 reinforces The Seventy Ninth Group’s strong commitment to supporting First C... Read more