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Saudi Bank Profits Hit $21.3bn In 2024 Amid Fast Growth And Low Risk

Middle East Business News - Published date: .

Net income at Saudi banks passed $5.7bn last year, according to Fitch Ratings Read more

IMF Approves $2.5bn In Funding For Egypt, Backs Climate Finance Initiative

Middle East Business News - Published date: .

Fund cites "mixed progress" on reforms as Egypt faces Red Sea disruptions costing $6bn in Suez Canal revenue while stru... Read more

Russia-Ukraine Ceasefire Would Have Limited Impact On UAE Banks, S&P Says

Middle East Business News - Published date: .

UAE banks to maintain strong asset quality with central bank rule changes boosting loan coverage ratios, already near 1... Read more

Bitcoin Price Projected To Crash To $70,000 As Crypto Markets Trump Optimism Wanes

Middle East Business News - Published date: .

The ongoing trade tariff war, discussions of stagflation, and the rush to safe havens are also turning investors away f... Read more

Is Padel The New Tennis? Inside The Addictive Game Taking Over Dubais Sporting Scene

Sports and Eneterainment - Published date: .

Dubai is now home to over 250 padel courts, with both the number of courts and players on the rise Read more

How To Get Ultra-rare New AED100 Coin In The UAE

Middle East Business News - Published date: .

Central Bank of the UAE releases limited edition AED100 coin Read more

MMA Company BRAVE CF Signs Global Apparel Partnership Deal With RDX Sports

Sports and Eneterainment - Published date: .

The deal envisages RDX Sports becoming the exclusive provider of apparel for the MMA company’s events worldwide Read more

Al Etihad Payments, Visa Launch New Jaywan-Visa Cards In UAE

Middle East Business News - Published date: .

The partnership supports the UAE’s plans to transition towards a digital economy Read more

UAE Urges Taxpayers To Submit Registrations This Month To Avoid Fines

Middle East Business News - Published date: .

UAE authorities advise Corporate Tax payers to submit registrations this month   Read more

Saudi Arabias SME Bank Supports Businesses With $64m Crowd-funding Finance Support

Middle East Business News - Published date: .

Saudi Arabia is supporting SMEs with access to crowd-funded finance Read more

Top Dubai Real Estate Investments, Developers And Financing Revealed; DIFC Hedge Fund Seeks Interns; Pfizer Antibiotics Update – 10 Things You Missed This Week

Middle East Business News - Published date: .

Dubai real estate price analysis, traffic fines explained, game-changing property finance and more top stories this wee... Read more

Deem Finance, J.P. Morgan Ink $400mn Securitisation Deal To Boost UAE Lending

Middle East Business News - Published date: .

The collaboration will enable Deem to diversify its funding sources Read more

Tabreed Raises $700mn In Oversubscribed Green Sukuk Debut

Middle East Business News - Published date: .

The new sukuk will be listed and traded on the London Stock Exchange’s international securities market Read more

Mastercard, Mashreq Partner To Launch Digital Bank In Pakistan, Boosting Financial Inclusion

Middle East Business News - Published date: .

New partnership aims to drive financial inclusion, innovation, and sustainable growth in Pakistan’s digital economy Read more

Emirates NBD, Visa Introduce Mobile Payment Solution For UAE Businesses

Middle East Business News - Published date: .

The new card is tailored to provide an easy and secure way to manage expenses Read more

Saudi Arabia Waives Tax Fines Until End Of June

Middle East Business News - Published date: .

Saudi Arabia has waived tax fines and penalties until the end of June Read more

Saudi Arabia Licenses Tamara Finance To Provide Buy-now-pay-later Services

Middle East Business News - Published date: .

Saudi Arabia has licensed 65 companies to provide financial services Read more

UAEs FTA Organises Tax Hackathon To Foster AI-led Innovation In Tax Sector

Middle East Business News - Published date: .

The Hackathon targeted a diverse group of participants, including developers, AI specialists, designers, and data scien... Read more

Nod For Stablecoins USDC And EURC To Accelerate UAEs Emergence As A Crypto Powerhouse, Say Experts

Middle East Business News - Published date: .

The DFSA’s decision will enable over 6,000 DIFC firms to use these stablecoins for payments and treasury functions le... Read more

Abu Dhabis IHC Signs MoU With Lunate To Explore Ghaf Benefits For Employees

Middle East Business News - Published date: .

Ghaf Benefits, launched by Lunate, is an alternative end-of-service benefits fund platform dedicated to enhancing workp... Read more