Turkish Major Koc Holding Says It Is Not In Talks Over Sale Of Yapi Kredi Shares To Qatars QNB
The clarification came after local media reported on a potential deal with Qatar bank Read more
Saudi Central Bank Net Foreign Assets Fall By $21bn In October, Data Shows
Net foreign assets fell to $412.6 billion last month Read more
Middle East Operating WadzPay Secures $37mn Investment Commitment From GEM Global Yeild
The company said the capital infusion will accelerate its growth strategy via acquisitions, partnerships and organic in... Read more
Saudi Arabia Foreign Direct Investment Hits $240bn As Over 800 Reforms Lure Businesses
More than 800 reforms are attracting investors to Saudi Arabia Read more
Eyewa Raises $100m In Series C Funding Round, Plans 100 New Stores In 2025
Rapidly growing eyewear retailer eyewa plans massive expansion in 2025 after securing $100m in funding Read more
Dubai Regulator Imposes $2.5mn In Fines In Financial Services Crackdown
The DFSA finalised eight enforcement actions and issued 24 alerts in 2024 Read more
UK Regulator Fines Barclays $51mn After It Drops Appeal Over Qatar Dealings
The fine by the Financial Conduct Authority dates back to the 2008 crisis, when Barclays scrambled to raise funds from ... Read more
Morgan Stanley To Set Up Mideast Regional HQ In Saudi Arabia
The regulatory nod will make it the latest Western bank to expand its operations in the country Read more
UAE Calls On Taxpayers To Register This Week To Avoid Fines
UAE clarifies deadlines and procedures for Corporate Tax registration Read more
Mubadala Capital To Take Canadas CI Financial Private In $3.34 Billon Deal
Shareholders to receive CAD32 in cash per share, representing a premium of 33% over the last closing price; Stock jumps... Read more
Middle East Investors View Saudi Arabia As Top Private Debt Fund Market
Institutional investors view Saudi Arabia as the most promising market for private debt funds Read more
US Fed Will Make Quarter Per Quarter Total Cuts Of 100bps In 2025: UBS
However, there is potential for President-elect Donald Trump’s policies to slow inflation reduction Read more
ADNOC Considering Selling Minority Stake In Gas Unit: Report
The deal, which could be worth billions of dollars, is expected to be announced in the coming days, according to media ... Read more
UAE Launches Digital Platform To Modernise Finance Sector
UAE introduces Know Your Customer platform as it looks to develop financial infrastructure Read more
UAE Suspends Exchange House, Shuts 2 Branches
Central Bank of the UAE suspends the business of Al Razouki Exchange Read more