Dubai Finance Department, GDFRA Sign MOU To Support Cashless Dubai Strategy
The strategy targets 90% of all financial transactions in both government and private sectors to be carried out digital... Read more
Sukoon To Provide Family Takaful To Emiratis Up To 95 Years Of Age
The extended coverage will be part of the company’s tie-up with the Sheikh Zayed Housing Program Read more
Saudi Arabia Launches First Mortgage-backed Securities As SAMA Boosts Housing Finance Market
Saudi Central Bank approves Saudi Real Estate Refinance Company to launch the Kingdom’s first mortgage-backed securit... Read more
Saudi Businesses Warned: Up To 25% Fines For Missing August Tax Deadline
ZATCA urges Saudi businesses to file tax returns this month Read more
UK Is The Wests Leading Islamic Finance Hub, Says Fitch As Funds AUM Pass $12.5bn
Fitch: UK to remain West’s Islamic finance hub as LSE leads hard-currency sukuk and AUM surges Read more
TAQA Secures $2.31bn Term-loan, In AED, To Boost Liquidity And Advance Growth
Structured as a floating rate two-year facility, it delivers lower borrowing costs and allows for phased drawdowns and ... Read more
UAE Gold Reserve Surges 25.9% In First Five Months Of 2025 To $7.88bn
CBUAE stats say demand deposits grew to $320bn, savings deposits to $97.91bn, while time deposits exceeded AED1tn for f... Read more
Du Pay Launches Salary In The Digital Wallet Feature To Boost Financial Inclusion In UAE
The service provides customers with a unique IBAN upon registration, enabling direct salary transfers into digital wall... Read more
UAE Issues Tax Deadline Warning
UAE Federal Tax Authority urges businesses to file Corporate Tax returns and pay dues on time Read more
ADIB Capital Launches Sharia-compliant Trade Opportunities
The fund, open to professional clients and market counterparties, targets short-duration trade opportunities in develop... Read more
Saudi Arabias Eastern Region Attracts $8bn Investments Across Key Sectors
Saudi investment projects span tourism, entertainment, sustainability, and urban development, generating SAR2bn ($533m)... Read more
UAE Leads MENA M&A Boom With $25.4b As Regional Deals Hit $58.7b In H1 2025
MENA M&A deals hit $58.7b in H1 2025, up 19 per cent as UAE leads with $25.4b inflows Read more
UnitedHealth Stock Soars After Buffetts Berkshire Buys 5.04mn Shares
America’s largest health insurance company had fallen nearly 63% from a 52-week high of $630.73 before Friday’s sur... Read more
Emirates Islamic To Power Kimera Groups UAE Finances With Digital-first Banking Solutions
Emirates Islamic will manage Kimera Group’s UAE finances with advanced digital tools, streamlining operations and boo... Read more
Saudis PIF Sold Its Entire Holding In Meta, Shopify, FedEx And Alibaba In Q2
Its biggest three holdings now are Uber, Lucid and Electronic Arts after paring exposure to US market to $23.8 billion Read more