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Union Properties Resolves Legacy Debt With New Motor City Sale

Middle East Business News - Published date: .

This was achieved after signing a conditional sale agreement valued at $190.6 million for a real estate project in Moto... Read more

AIs Impact Expands Beyond Underwriting In Insurance Sector: Report

Middle East Business News - Published date: .

Underwriting and risk profiling remain the areas most positively impacted by AI, with 45.8 percent of industry professi... Read more

ADNIC To Provide Life Insurance To Emiratis Up To The Age Of 95

Middle East Business News - Published date: .

The scheme is part of the company’s strategic partnership with the Sheikh Zayed Housing Program Read more

UAE Bank Investments Surge 16.2% To Nearly $211bn In April 2025

Middle East Business News - Published date: .

In the UAE, Abu Dhabi banks led with investments of AED408.9 billion, followed by Dubai at AED296 billion Read more

UAE Securities Regulator Fines Company $1.36mn For Money Laundering Violations

Middle East Business News - Published date: .

An investigation revealed that the sanctioned entity collaborated with an overseas company to engage in practices that ... Read more

UAE Central Bank Partners With Mercury To Launch New Joint Venture

Middle East Business News - Published date: .

The joint venture will enhance the operations of the UAE's national financial market infrastructure Read more

Dubai Mallathon: Crown Prince Sheikh Hamdan Launches New Summer Fitness Programmes In Shopping Malls

Sports and Eneterainment - Published date: .

Seven Dubai shopping destinations will host walking and running tracks Read more

Asias Largest Institutional Fund Platform Gordian Capital Plans Move To Dubai

Middle East Business News - Published date: .

Acquired by IQ-EQ on Wednesday, Gordion has assets under management of $17bn, with offices in Singapore, Hong Kong and ... Read more

PayCargo Launches New Digital Payment Platform In UAE With Emirates SkyCargo Partnership

Middle East Business News - Published date: .

Emirates SkyCargo customers in the UAE can now process payments through credit card or direct debit Read more

Gulf Craft Group Becomes First MENA Shipyard To Accept Crypto Payment

Middle East Business News - Published date: .

Developed in collaboration with ARP Pay, the service enables the conversion of stablecoins, including USDT and USDC, in... Read more

CBUAE Joins Hands With Presight To Enhance UAEs Financial Infrastructure

Middle East Business News - Published date: .

JV to deliver sovereign, AI-powered technological platforms and services to support and enhance the UAE’s financial m... Read more

First Abu Dhabi Banks H1 2025 Profit Jumps 26% To Record AED10.63bn On Strong Non-interest Income

Middle East Business News - Published date: .

The recorded profit marks the highest ever for a six-month period, boosted by strong fee and trading income and steady ... Read more

UAE Central Bank Imposes $217,835 Fine On Exchange House

Middle East Business News - Published date: .

The exchange house failed to comply with CBUAE’s policies and procedures for combating money laundering and the finan... Read more

AI In Fintech Market Set To Surpass $79bn By 2030 As Adoption Surges

Middle East Business News - Published date: .

As financial institutions race to automate and optimise operations, AI adoption continues to grow, fueling strong marke... Read more

Binance Launches Worlds First Sharia-compliant Multi-token Cryptocurrency Staking Platform

Middle East Business News - Published date: .

Sharia Earn by Binance enables users to earn passive income from cryptocurrency investments whilst adhering to Islamic ... Read more

Saudi Arabias Esports Sector Eyes $13.3bn GDP Contribution By 2030

Sports and Eneterainment - Published date: .

Saudi Arabia has 23.5 million gamers - around 67 percent of the population, providing a substantial domestic base for e... Read more

Abu Dhabis Titanium Escrow Crosses $5bn Transaction Mark

Middle East Business News - Published date: .

ADGM-based company completes five years of operations; UAE capital becoming the fundholding jurisdiction of choice for ... Read more

UAE Workers Can Now Collect Unemployment Benefits At Al Ansari Exchange Outlets

Middle East Business News - Published date: .

The service operates across more than 270 Al Ansari Exchange branches in UAE Read more

Kenyas Equity Group To Open Representative Office In The UAE

Middle East Business News - Published date: .

The new office aims to facilitate business, trade and investment opportunities with the UAE, and the wider Middle East,... Read more

Aramco Close To $10bn Jafurah Infrastructure Deal With BlackRock

Middle East Business News - Published date: .

Sources tell Reuters that the deal is backed by infrastructure, including pipelines, gas processing plant, and similar ... Read more