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Orient Insurance Announces Official Launch In Saudi Arabia

Middle East Business News - Published date: .

The inauguration of Orient Insurance’s offices in Al Ghadir, Riyadh, marks the company's expansion into the Saudi mar... Read more

UAE Retail Investors Prioritise Financial Goals For New Years Resolution: Report

Middle East Business News - Published date: .

Among those prioritising financial goals, the most popular resolution for 2025 is increasing investments in traditional... Read more

UAE Corporate Tax: FTA Urges Businesses To Register Before December 31 Deadline To Avoid Penalties

Middle East Business News - Published date: .

The FTA noted that Cabinet Decision No. 75 of 2023 imposes Administrative Penalties on Taxable Persons who fail to regi... Read more

UAE Ministry Of Finance Makes Major Amendments To Ministerial Decisions

Middle East Business News - Published date: .

Announcements relate to Tax Groups and Participation and Foreign Permanent Establishment Exemptions and aim to enhance ... Read more

UAE To Host Blockbuster India-Pakistan Champions Trophy Match

Sports and Eneterainment - Published date: .

Dubai likely to host all India matches after Pakistan Cricket Board agrees to a hybrid model following India’s refusa... Read more

UAE, Saudi Banks Push For Enhanced Employee Experience In GCC: Report

Middle East Business News - Published date: .

The report highlighted the direct impact on profitability through prioritising employee experience on engagement, reten... Read more

Bapco Energies To Sponsor Bahrain Championship On DP World Tour

Sports and Eneterainment - Published date: .

Company hopes to showcase its pioneering environmental initiatives, including use of solar energy and batteries and hyd... Read more

UAE Salaries To Fall; Corporate Tax Changes; Top Dubai Real Estate Areas; Drone Deliveries Launched – 10 Things You Missed This Week

Middle East Business News - Published date: .

UAE and Saudi salary updates, Dubai real estate analysis, Corporate Tax changes, major health insurance update and more... Read more

Elite Group To Open $27m Facility In Dubai Industrial City

Middle East Business News - Published date: .

Elite Group will invest in automotive and e-commerce sectors with Dubai Industrial City project Read more

GCC Debt Capital Markets To Hit $1tn

Middle East Business News - Published date: .

Fitch Ratings expects debt capital markets in the GCC to grow in 2025 Read more

Saudi Arabias ACWA Power Proposes $1.9bn Rights Issue

Middle East Business News - Published date: .

Saudi Tadawul authority said the company has applied for the issue to increase in its paid-up capital Read more

Hackers Steal $2.2bn In Crypto In 2024 Amid Bitcoin Bull Run: Report

Middle East Business News - Published date: .

The number of individual hacking incidents increased from 282 in 2023 to 303 in 2024, resulting in these losses Read more

AD Ports Group Doubles Its Revolving Credit Facility At Better Terms

Middle East Business News - Published date: .

The Abu Dhabi-based group successfully refinances and upsizes its existing RCF from $1 billion to $2.125 billion Read more

Dubai-based DP World Issues The Regions First Blue Bond

Middle East Business News - Published date: .

The $100 million, 5-year Blue Bond priced at 5.25% coupon rate; Will fund significantly under-funded SDG 14 and SDG 6 o... Read more

US Federal Reserve Cuts Interest Rates For Third Time, Dials Back 2025 Outlook

Middle East Business News - Published date: .

Incoming president Trump's policy agenda on tariffs and taxes looms over the Fed's outlook, though Fed chair Powell cal... Read more

Saudi Arabia Is Shaping Future Of Global Sport: Report

Sports and Eneterainment - Published date: .

The market value of the sports industry is projected to grow from $8 billion to $22.4 billion by 2030, according to the... Read more

ADIO And EXIM Forge MoU To Boost US-UAE Trade In Key Sectors

Middle East Business News - Published date: .

It marks a significant milestone in facilitating the import and export of raw materials, services and technology, parti... Read more

UAE Central Bank Cuts Base Rate By 25bps

Middle East Business News - Published date: .

The new rate will be effective from December 19 Read more

Saudi Arabia Approves Licence For D360 Digital Bank

Middle East Business News - Published date: .

D360 Bank given approval to launch operations in Saudi Arabia Read more

UAE Banks Team Up To Fund $178m London Student Real Estate Development

Middle East Business News - Published date: .

UAE’s Emirates NBD and Abu Dhabi Islamic Bank close funding arrangement for Purpose-Built Student Accommodation in Lo... Read more