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Tabby Hits $3.3 Billion Valuation As It Eyes IPO Within 18 Months After $160M Raise

Middle East Business News - Published date: .

Buy now, pay later provider prepares for listing as transaction volumes hit $10 billion annually Read more

UK 17-year-old Swimmer Barnaby Ryder Aims For Historic Dubai World Islands Attempt

Sports and Eneterainment - Published date: .

In an exclusive interview, Ryder outlines his plans for the swim, the importance of men’s mental health and why Dubai... Read more

Dar Global Secures Financing for Ambitious AIDA Project In Oman

Middle East Business News - Published date: .

National Bank of Oman to finance the 3.5 million sqm project that includes a championship-size Trump course, resorts an... Read more

Abu Dhabi-based IHCs Revenue Surges 54.4% To $25.8 Billion In 2024

Middle East Business News - Published date: .

Preliminary report shows total assets up 52% to $109.4 billion; Net profit after tax at $6.94 billion; EPS at $1.93 Read more

Capital Haus Expands UAE Presence With Strategic Wealth Management Acquisition

Middle East Business News - Published date: .

The move strengthens Capital Haus’s position in the private wealth sector, bringing an additional $150 million in fun... Read more

Abu Dhabi Sees 16% Increase In Business Licences, Freelancer Numbers Doubled In 2024

Middle East Business News - Published date: .

Abu Dhabi licensing authority reports notable increase in business registrations Read more

Dubai Corporate Games Set To Return For 2025 Edition With Record Participation

Sports and Eneterainment - Published date: .

The 2025 edition of the Dubai Corporate Games is set to take place on February 15 and 16 Read more

Middle East M&A Activity Surged 52% To $29bn Last Year, Global Uplift Expected In 2025

Middle East Business News - Published date: .

Global M&A activity is expected to increase in 2025 after several quiet years Read more

UAE Sports Startups Invited To Join Ethara Incubator To Seek Funding Boost

Middle East Business News - Published date: .

Dedicated sports and entertainment innovation hub Ethara 1TW to support UAE startups   Read more

UAE Announces New Tax

Middle East Business News - Published date: .

The UAE Ministry of Finance has explained further details on the Domestic Minimum Top-up Tax Read more

Indias RBI Slashes Interest Rates By 25 Bps To 6.25%

Middle East Business News - Published date: .

This is the first rate cut in 5 years by the RBI Read more

Saudi PIF In Talks For $3.1bn Loan Guarantee Deal With Italian SACE: Report

Middle East Business News - Published date: .

The talks with SACE follow Italian Prime Minister Giorgia Meloni’s visit to Saudi Arabia, where agreements worth $10... Read more

Saudi Arabias Expat Remittances Hit $38.4bn In 2024, Highest Since 2022

Middle East Business News - Published date: .

The increase was reportedly mainly due to the growth in employment rates and the improvement of wages in some sectors Read more

Al Salam Bank Net Profit Rises 48.7% For Q4 And 39.8% For The Year

Middle East Business News - Published date: .

Net profit attributable to shareholders for Q4 2024 is $44.3 million, while that for the full year 2024 is $156.5 milli... Read more

Dubai 9-month GDP Climbs To $92.4bn As Transport, Finance, IT And Real Estate Sectors Lead Growth

Middle East Business News - Published date: .

Dubai GDP increased by more than 3 per cent in the first nine months of last year Read more

FAB Posts 4% Rise In FY 2024 Net Profit; Beats Estimate

Middle East Business News - Published date: .

For Q4 2024, First Abu Dhabi Bank’s net profit was to the tune of AED 4.18 billion Read more

Saudis Derayah Financial Secures Olayan Saudi As Cornerstone Investor For Tadawul IPO

Middle East Business News - Published date: .

Olayan Saudi is an investment arm of the kingdom’s Olayan Financing Company Read more

FTA Urges Registrants To Take Advantage Of Grace Period And Update Records

Middle East Business News - Published date: .

Administrative penalties will be imposed once the grace period announced by the UAE cabinet ends on 31 March 2025 Read more

UAEs Al Fardan Exchange Ties Up With Visa For Enhanced Cross-border Remittance Services

Middle East Business News - Published date: .

The company announced launching a new cross-border remittance service through Visa Direct Read more

Abu Dhabis Lunate Launches Ghaf Benefits Platform To Transform UAE End-of-service Gratuity

Middle East Business News - Published date: .

The platform is available to private sector employers and their employees across the country Read more