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Saudi Arabia Banking Sector Shows Strong Start To 2025 With Improved Profitability
Middle East Business News - Published date: .
The kingdom's economy is expected to grow by 3.6% year-on-year in 2025, with non-oil activities contributing significan... Read more
Al Ansari Exchange Launches New Digital Prepaid Cards Via UAE Mobile App
Middle East Business News - Published date: .
Al Ansari Exchange now offers instant digital versions of its TravelCard and FlexiblePay cards to customers Read more
UAE Raises $300m In June 2025 Islamic T-Sukuk Auction, Oversubscribed 5.6 Times
Middle East Business News - Published date: .
UAE completes $300m Islamic T-Sukuk auction with 5.6x oversubscription, strong investor confidence Read more
Cristiano Ronaldo Signs $680m Deal To Stay In Saudi Arabia With Al Nassr: Report
Sports and Eneterainment - Published date: .
Cristiano Ronaldo has signed what has been dubbed the ‘most lucrative contract in sport history’ to stay with Saudi... Read more
UAEs Mashreq Inaugurates A Representative Office In Turkiye
Middle East Business News - Published date: .
It’s the 15th country globally where Mashreq has operational presence Read more
UAE Earns Top Sovereign Credit Ratings From Moodys, S&P, And Fitch In 2025
Middle East Business News - Published date: .
The UAE has secured strong sovereign credit ratings from the world’s top three agencies – S&P Global (S&P), ... Read more
CBUAE Suspends New Islamic Banking Customers At UAE Bank For 6 Months
Middle East Business News - Published date: .
Central Bank of the UAE suspends bank from adding new customers on Islamic Window Read more
Oman Announces 5% Income Tax: Everything You Need To Know
Middle East Business News - Published date: .
Oman to implement 5% personal income tax from 2028 Read more
Dubai Residents Can Now Instantly Check Credit Scores Online
Middle East Business News - Published date: .
Etihad Credit Bureau partners with DubaiNow to allow users to access credit reports and scores directly in-app Read more
UAE Central Bank Gold Reserves Hit $7.46bn In Q1 2025
Middle East Business News - Published date: .
The UAE Central Bank increased its gold reserves to $7.46bn in Q1 2025 as total bank transfers hit $1.48tn Read more
UAE Issues Tax Guidance To Help Businesses
Middle East Business News - Published date: .
The UAE Ministry of Finance has released Mutual Agreement Procedure (MAP) guidance to help taxpayers avoid double taxat... Read more
Wealthbrix Launches In DIFC To Target Rising Demand From UAEs Next-gen Millionaires And UHNWIs
Middle East Business News - Published date: .
Wealthbrix Capital Partners launches in DIFC to serve UAE’s booming millionaire and UHNWI population Read more
Personal Income Tax Comes Into Effect In Oman From January 1, 2028
Middle East Business News - Published date: .
Only 1% of population in the tax net as the first personal IT law imposes 5% tax on those with income above $109,230, a... Read more
Saudi Arabia Announces New Credit Card Rules
Middle East Business News - Published date: .
The new credit card rules in Saudi Arabia will take effect within 30 to 90 days Read more
UAE Flight Suspension Updates; 4-day Work Week In Dubai; Public Holiday Dates Announced; New Saudi Dining Rules, Piers Morgan Interview – 10 Things You Missed This Week
Middle East Business News - Published date: .
Flight suspensions, a new 4-day work week in Dubai, Saudi Arabia’s dining rule changes, Hijri New Year holidays, and ... Read more
Saudi Arabia Urges Businesses Earning Over $10.7m To File VAT Returns By June 30
Middle East Business News - Published date: .
Saudi Arabia’s ZATCA reminds VAT-registered businesses with revenues over $10.7m to file May tax returns by June 30 t... Read more
Qatars Economy To Grow 6.5 Per Cent By 2027 On LNG Expansion: World Bank
Middle East Business News - Published date: .
World Bank forecasts 6.5 per cent economic growth for Qatar by 2027, driven by LNG and non-oil sectors Read more
Guggenheim Partners Mark Walter To Buy LA Lakers For World Record $10bn
Sports and Eneterainment - Published date: .
The valuation comfortably beats the previous record for a sports franchise sale of $6.1bn when Boston Celtics got sold ... Read more
Saudi National Banks $1.25bn Dollar-denominated Sukuk Oversubscribed
Middle East Business News - Published date: .
The bank is issuing 6,250 Sukuks at a par value of $200,000; Maturity period is 10 years, but callable after five years Read more
UAE Offers Corporate Tax Fine Waiver — But Deadline Looms
Middle East Business News - Published date: .
Federal Tax Authority urges swift registration as businesses face penalties without timely compliance Read more