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Arab Financial Services Expands Into UAE To Enhance Digital Payments Ecosystem
Middle East Business News - Published date: .
The move follows the successful acquisition of a retail payment services license – category II from the Central Bank ... Read more
Tabby Says No New Minimum As Some Online UAE Stores Set AED300 Order Threshold
Middle East Business News - Published date: .
New threshold targets larger transactions over smaller purchases Read more
Saudi Arabia Now Allows Foreign Investment In Listed Real Estate Companies In Makkah And Madinah
Middle East Business News - Published date: .
Saudi Arabia announces plans to allow foreigners to invest in real estate companies listed in the country Read more
Abu Dhabi Commercial Bank Outlines Plan To Double Profit To $5.4bn In 5 Years
Middle East Business News - Published date: .
Abu Dhabi Commercial Bank unveils major expansion and dividend growth plans for next five years Read more
Bahrain Likely To Issue $2-3bn International Bonds, Sukuk In 2025
Middle East Business News - Published date: .
It could reduce its issuance if it receives more support from other GCC states versus expectations, or, if oil prices e... Read more
BRAVE CF: Global MMA Promotion Company Announces First Four Events For 2025
Sports and Eneterainment - Published date: .
It will kick off the action this year with BRAVE CF 93 Read more
Derayah Announces IPO, Set To List On Saudi Exchange With 20% Share Offering
Middle East Business News - Published date: .
The company said the offer price for the share sale will be determined at the end of the book-building period Read more
RAKBANK Posts Record Over AED 2bn Profits In 2024
Middle East Business News - Published date: .
For Q4’24, the profit after tax was AED 386M, and the profit before tax was AED 424M, representing declines of 10.4% ... Read more
DP World Announces Multi-currency Stablecoin To Support Global Trade Transactions
Middle East Business News - Published date: .
DP World stablecoins will solve many issues for cross-border payment solutions with introduction of stablecoin system Read more
UAE Secures Over $30bn In Crypto Investments In Just One Year: Report
Middle East Business News - Published date: .
With a proactive regulatory framework, the UAE presents investors with a balance between innovation and security Read more
DIFC Partners With Lloyds To Boost Future Talent In Insurance Sector
Middle East Business News - Published date: .
The agreement, which envisages a longstanding partnership, will help support development of a talent pipeline into the ... Read more
Paymob Secures UAE Central Bank License For Retail Payment Services
Middle East Business News - Published date: .
The regulatory nod also enables the company to provide merchants with its full suite of omni-channel solutions Read more
Open Banking Fuels GCC Fintech Boom As UAE, Saudi Lead Regional Growth Surge
Middle East Business News - Published date: .
The open banking payments volume in the GCC is projected to quadruple to over $930 billion by 2028 from $230 billion in... Read more
Saudi Arabia Leads Region With 178 Venture Capital Deals Last Year
Middle East Business News - Published date: .
Saudi venture capital funding is supporting business startups in the Kingdom Read more
UAE Gold Reserves Reach $6.7bn
Middle East Business News - Published date: .
CBUAE gold reserves surged by 34.8 per cent in the first 10 months of 2024 Read more
UAE Issues Limited Edition Silver Coin To Mark Central Banks 50th Anniversary
Middle East Business News - Published date: .
CBUAE issues limited edition 50th anniversary Golden Jubilee coin Read more
Mastercard, Ruya Collaborate To Bring Innovative Digital Products To UAEs Islamic Banking Landscape
Middle East Business News - Published date: .
The bank will benefit from the services of Mastercard Advisors, which employs more than 3,000 consultants in 53 countri... Read more
Saudi Banks Eye Global Capital Markets For Vision 2030 Growth Funding: S&P
Middle East Business News - Published date: .
Banks are also poised for stable profitability in 2025 on stronger credit growth Read more
CBUAE Reports $1.21 Trillion In Bank Assets By End Of October
Middle East Business News - Published date: .
Banks’ deposits increased by 1.5%, from AED 2,761.4 billion at the end of September to AED 2,802.5 billion at the end... Read more
Palms Sports Revenue Up 82.5% To $290mn For The Year
Sports and Eneterainment - Published date: .
The Abu Dhabi sports management company announces 41% YoY increase in gross operating profits to $49 million Read more