Saudi Arabia Issues VAT Warning As Businesses Face Hefty Fines
Saudi Arabia’s ZATCA urges VAT-registered firms with annual supplies over SR40m to file August returns by September 3... Read more
UAEs Presight-Shorooq Fund To Back 30 AI And Deep Tech Firms With $100m
The $100m Presight-Shorooq Fund will invest in 25–30 AI and deep tech startups, with 40 per cent reserved for scale-u... Read more
PayPal To Invest $100m In Middle East And Africa Digital Economy
PayPal will invest $100m across the Middle East and Africa to fuel innovation, support entrepreneurs, and expand digita... Read more
UAE Businesses Urged To File Tax Returns Early To Avoid Penalties
The UAE’s Federal Tax Authority reminded all businesses to file corporate tax returns within nine months of their tax... Read more
Presight And Shorooq To Launch $100mn Fund For AI-related Investments
The fund will focus on investments that leverage artificial intelligence, machine learning, and advanced data analytics Read more
Dubais DIEZ Trade Hit Record $91.5bn In 2024, Up 19 Per Cent
Dubai’s DIEZ posted record $91.5bn trade in 2024, up 19 per cent, with non-oil share at 13.7 per cent. Growth driven ... Read more
UAE Announces New Tax Reporting Rules For Crypto Assets
UAE signs global agreement on crypto tax reporting. Public consultation open on CARF rules ahead of 2027 rollout Read more
Abu Dhabi And Hong Kong Exchanges Sign MoU To Explore Cross-listing
Will also look at cross-border financing, mechanisms to facilitate investment, and collaborate on ETFs and ESG-related ... Read more
Dubai Chambers And EDB Join Forces To Unlock Growth Opportunities For SMEs
Dubai Chambers and Emirates Development Bank join forces to simplify banking, expand trade finance and support SME glob... Read more
US Federal Reserve Poised To Cut Rates As Gulf Economies Brace For Ripple Effects
Gulf investors brace for a near-certain US rate cut, with UAE borrowing costs set to fall and cash shifting into stocks... Read more
Money20/20 Middle East: Saudi Stock Market Value Surges To $2.67trn, CMA Chief Says
Saudi Arabia’s stock market approaching SR10tn ($2.67tn) in value as the CMA hosts Money20/20 Middle East Read more
HSBC Cashes In On Record HNWI Influx To UAE With Launch Of First Middle East Wealth Centre
HSBC has been expanding similar wealth hubs in China, Hong Kong, the UK, and more to serve clients who need multi-juris... Read more
Saudi Arabia Launches Google Pay
Saudi Central Bank launches Google Pay via mada, advancing Vision 2030 goals to boost digital payments, reduce cash rel... Read more
Next UAE Holiday Dates, Emirates ID Update, Dubai Tourism Boom And Real Estate Tax Analysis – 10 Things You Missed This Week
Catch up on the UAE’s biggest news this week — from new holidays and Emirates ID updates to Dubai tourism growth, r... Read more
UAE Credit Score: What Really Affects It? Experts Weigh In
Discover the hidden factors that could be silently destroying your UAE credit score – and the simple steps that could... Read more