UAE Central Bank Cuts Base Rate By 25bps
The new rate will be effective from December 19 Read more
Saudi Arabia Approves Licence For D360 Digital Bank
D360 Bank given approval to launch operations in Saudi Arabia Read more
UAE Banks Team Up To Fund $178m London Student Real Estate Development
UAE’s Emirates NBD and Abu Dhabi Islamic Bank close funding arrangement for Purpose-Built Student Accommodation in Lo... Read more
India-based FAAD Capital Expands Global Footprint With Dubai Launch
The fund organised the inaugural Dubai edition of the FAAD Network Investor Meet Read more
Hex Trust Launches Fiat On/off-ramp Services In Dubai
The new service will enable investors in Dubai to seamlessly move their cryptocurrencies into fiat currencies Read more
UAE Payments Sector To Hit $27.3bn In 2028
UAE defies global slowdown with massive increase in digital payments Read more
Saudis Red Sea International Raises $104mn Credit Facility From Riyad Bank
The three-year financing is meant to support the construction of a staff camp Read more
UAE Corporate Tax Hike To Fuel Influx Of Multinational Companies Flocking To Freezones
A Domestic Minimum Top-up Tax (DMTT) will take effect in the UAE for financial years beginning on or after 1 January 20... Read more
Middle East Sees Surge In 2024 M&A Activity As Sovereign Wealth Funds Lead Investments
Global M&A market overall deal value will reach $3.5tn by the end of 2024 as Middle East sees significant growth Read more
Global Fintech Show Money20/20 To Launch Inaugural Middle East Edition In Riyadh In 2025
The event will be held on September 15-17 Read more
Ripple Announces Launch Of Globally Tradeable USD-denominated Stablecoins
The company said Raghuram Rajan, former Governor of the Reserve Bank of India, and Kenneth Montgomery, former First Vic... Read more
Middle East Has Best Growth Potential For Private Capital In 2025, Say Global Asset Managers
Surveyed asset managers also predicted PE and VC presented the greatest opportunities to find alpha – beating benchma... Read more
Neutral Outlook For EMEA Islamic Banks As Consolidation Persists In 2025: Report
Consolidation will continue to shape the market across Europe, the Middle East, and Africa next year, particularly amon... Read more
Bitcoin Hits Record High Above $106,000 On Strategic Reserve Hopes
Bitcoin has surged by more than 50 per cent since the November 5 election, which saw Trump elected alongside many other... Read more
New Tax In The UAE; Lottery Warning; Crypto Trading In Dubai; Kuwait Halts E-visas; Saudi To Host 2034 World Cup – 10 Things You Missed This Week
UAE tax, UAE Lottery, crypto in Dubai, Kuwait visas, Saudi World Cup and more top news stories this week Read more