Arab Business News


Saudi's SALIC Makes First Australian Farming Acquisition

Middle East Business News - Published date: .

Saudi Agricultural and Livestock Investment Company buys 200,000 hectares in Western Australia's wheat belt Read more

Opinion: Only Two Stars For The Uber-Careem Deal

Middle East Business News - Published date: .

Elie Khouri, CEO of Omnicom Media Group MENA, takes a longer-term of the record-breaking transaction Read more

Abu Dhabi Fund Approves $80m Loan For Argentina Water Project

Middle East Business News - Published date: .

Abu Dhabi Fund for Development agrees financing for expansion of a water treatment plant in Desvio Arijon Read more

McGregor Hints At Retirement U-turn After Khabib Feud

Sports and Eneterainment - Published date: .

Nurmagomedov defeated McGregor in a bout last October in Las Vegas in a contest that was marred by a massive brawl at r... Read more

India's Central Bank Cuts Interest Rate With More Easing Seen

Middle East Business News - Published date: .

Thursday's cut reverses the 50 basis points of increases delivered by the Reserve Bank of India last year Read more

FAB 'strongly Denies' It's Considering A Merger With ADIB

Middle East Business News - Published date: .

A First Abu Dhabi Bank spokesperson said the bank is "fully focused on unlocking its full potential and maximising share... Read more

SoftBank To Seek $15bn More For Its Huge Tech Fund

Middle East Business News - Published date: .

SoftBank's Vision Fund - backed by Saudi Arabia and Abu Dhabi - has invested more than $70 billion in tech companies in ... Read more

Abu Dhabi Said To Mull Merger To Create Biggest MidEast Bank

Middle East Business News - Published date: .

Sources say emirate is considering combining Abu Dhabi Islamic Bank with First Abu Dhabi Bank Read more

'No Significant Impact' On Jobs From Mashreq Branch Closures

Middle East Business News - Published date: .

Senior exec says bank is retraining employees as part of its digital transformation strategy Read more

Nasdaq Dubai Welcomes $1bn Sukuk Listing By Sharjah

Middle East Business News - Published date: .

Emirate's total sukuk value listed on the Dubai financial exchange has now reached $3.45bn Read more

DIFC FinTech Hive Launches New Cycle Of Accelerators Programme

Middle East Business News - Published date: .

Middle East's largest financial technology accelerator says third cycle will kick off in September Read more

Emirates NBD To Pay 14% Less For Turkey's Denizbank After Lira Slide

Middle East Business News - Published date: .

Emirates NBD will now pay $2.75bn for Sberbank's wholly-owned Turkish unit Read more

Khabib Nurmagomedov In Talks For September Abu Dhabi Fight

Sports and Eneterainment - Published date: .

Khabib Nurmagomedov said that an announcement is coming 'very soon' Read more

Revealed: How Dubai's Mashreq Is Adapting To A New Era In Banking

Middle East Business News - Published date: .

Mashreq Bank unveils a reimagined branch format as part of its digital transformation strategy Read more

Saudi Shares Overtake Turkey As Destination For US Funds

Middle East Business News - Published date: .

The amount of money that US-based investors are pouring into Saudi Arabian equities has overtaken flows into Turkish sto... Read more

How Aramco's Giant 2018 Profit Dwarfs Joint Earnings Of 163 Saudi Stocks

Middle East Business News - Published date: .

$111bn earned by state oil major dwarfs the $28.4bn combined net income for all the companies traded in Riyadh Read more

Prince Khaled Sees Big Gaps In MidEast VC Landscape Despite Careem Deal

Middle East Business News - Published date: .

Son of Saudi billionaire Prince Alwaleed says Uber's $3.1bn deal for Careem shouldn't mask regional shortfalls in ventur... Read more

Most UAE Angel Investors Prioritise Home Markets - Survey

Middle East Business News - Published date: .

Research from Abu Dhabi-based global accelerator reveals importance of the UAE market to investors Read more

Middle East Consumers Want Cashless Solutions 'without Fear Of Being Watched', Says American Express CTO

Middle East Business News - Published date: .

Convenience and security main challenges for multinational financial services firm in the Middle East, according to Jeb ... Read more

Network International IPO Range Values Firm At Up To $3bn

Middle East Business News - Published date: .

Network International will be the first company of scale to test investor appetite in Europe's lacklustre IPO market Read more