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Bank Of Palestine Receives ADGM Approval For Full Banking License
Middle East Business News - Published date: .
Hashim Shawa, Chairman of Bank of Palestine Group, calls the ADGM approval “a historic milestone” for the bank The ... Read more
UAE To Introduce Sugar Tax On Sweetened Drinks From January 2026
Middle East Business News - Published date: .
UAE will apply a new tiered Excise Tax on sweetened drinks from January 2026, linking tax per litre to sugar and sweete... Read more
UAE Tax Authority Introduces New Pricing Agreement Fees From January 2026, Scraps Paper Certificates
Middle East Business News - Published date: .
UAE FTA announces Advance Pricing Agreement fees effective January 2026 and cancels paper tax certificates in favour of... Read more
NFL Star Plans Avengers-style Golf Tournament For Dubai
Sports and Eneterainment - Published date: .
Retired sports stars have been talking about their entrepreneurial journeys at the World Sports Summit The post NFL sta... Read more
Saudi Central Bank Bans Promissory Notes For Credit Card Financing
Middle East Business News - Published date: .
The central bank has ordered banks and finance companies to cancel existing notes and halt the practice for new credit ... Read more
FIFA To Host Its Only Annual Awards Ceremony In Dubai Starting 2026
Sports and Eneterainment - Published date: .
The FIFA World Football Awards will gather the world’s most influential football figures to celebrate the best player... Read more
TAQAs Critical Al Dhafra Plant For AI Data Centre Achieves Financial Closure
Middle East Business News - Published date: .
The 1GW Al Dhafra Power Plant, which advances the UAE’s Artificial Intelligence Strategy 2031, will cost approximatel... Read more
Abu Dhabi Finance Week 2025 Attracts $62tn In Assets And 35,000 Global Leaders
Middle East Business News - Published date: .
Abu Dhabi Finance Week 2025 attracted $62tn in assets, 35,000 attendees and landmark deals, reinforcing UAE’s finance... Read more
In Dubai, Kyrgios Prevails Over Sabalenka In Battle Of The Sexes
Sports and Eneterainment - Published date: .
The Australian, even though he has fallen to No671 in the rankings, won 6-3 6-3 over the world No1 women’s star at th... Read more
Egypt Cuts Bank Rates By 100 Basis Points As Inflation Cools Further
Middle East Business News - Published date: .
Central bank expects real GDP growth around 5.0%; Annual average inflation projected at 14.0% for 2025, down from 28.3%... Read more
Saudi Arabia Speeds Up Banking With New E-cheque System
Middle East Business News - Published date: .
The Saudi Central Bank has introduced an electronic cheque clearing service, allowing cheques to be cleared within one ... Read more
Saudi Tax Authority Warns Of Penalties For Late VAT Filing By Large Businesses
Middle East Business News - Published date: .
Saudi Arabia’s ZATCA urges VAT-registered firms with revenues above $10.7m to file returns by December 31 to avoid pe... Read more
Abu Dhabi Cements Global Finance Ambitions As ADGM Adds Institutions Managing Over $9tn In Assets
Middle East Business News - Published date: .
ADGM enters second decade with 11 new global institutions managing $9tn in assets, reinforcing Abu Dhabi’s rise as fi... Read more
ADQ Secures $5bn Debut Syndicated Loan In Greater China
Middle East Business News - Published date: .
ADQ closes its debut $5bn five-year syndicated financing in Greater China after demand topped $12bn, marking regional m... Read more
CBD Becomes First UAE Bank To Activate Open Finance For Customers
Middle East Business News - Published date: .
This has been done under the oversight of the Central Bank of the UAE, and in collaboration with licensed third-party p... Read more
Mashreq Ends Year With Successful $2bn Placement Of Syndicated Loan
Middle East Business News - Published date: .
The loan is the largest funding transaction in the history of Mashreq; It’s also the bank’s first syndicated loan i... Read more
Saudi Central Bank Issues New Fees Guide For Financial Institutions
Middle East Business News - Published date: .
Updated framework replaces existing Banking Tariff and introduces lower caps on selected service charges The post Saudi... Read more
Saudi Arabias SAMA Issues Updated Regulation For Finance Companies
Middle East Business News - Published date: .
Revised rules cover licensing requirements, aggregate financing limits and related-party provisions The post Saudi Arab... Read more
Sheikh Zayed Bin Hamdan Appointed Chairman Of 2PointZero Board
Middle East Business News - Published date: .
The Board brings together sovereign leadership, global investment expertise and operational excellence; MD Mariam Almhe... Read more
M&A In The Middle East Surges 260% To $53bn As Dealmakers Drive Energy And Tech Expansion
Middle East Business News - Published date: .
Middle East M&A deal values jump 260% to $53bn in 2025, led by energy consolidation and fast-growing technology and... Read more