UAE To Launch Electronic Invoicing System In July 2026 With Phased Rollout To 2027
The UAE Ministry of Finance confirms phased implementation of its electronic invoicing system, starting with a pilot on... Read more
Dubai Joins Worlds Top 4 FinTech Hubs In Global Financial Centres Index
Dubai has been ranked a top four global FinTech hub in the GFCI, with DIFC firms surpassing 1,500 and raising $4.2bn in... Read more
World Bank Opens Riyadh Hub On Saudi National Day, Marking 50 Years Of Cooperation
World Bank launches a new Riyadh hub serving MENAAP, marking 50 years of Saudi cooperation and boosting regional develo... Read more
Aldar Strengthens Liquidity Through $290mn Dual Tranche Green Sukuk Tap
The transaction is oversubscribed 2.8 times with an order book exceeding $830mn; Strong demand by international investo... Read more
Saudi Eyes Fintech Growth With 68 Permits Amid Robo-advising, Crowdfunding And Digital Trading Boost
Saudi Arabia’s CMA has issued 68 fintech permits by Q2 2025, with 36 firms operational under its Fintech Lab, advanci... Read more
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