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Saudi PIF-backed SURJ Sports Investment acquires Minority Stake In DAZN

Sports and Eneterainment - Published date: .

The partnership aims to strengthen Saudi Arabia as a leading market for sports investments, while capitalising on the s... Read more

Trumps Return Sparks Crypto Surge: What Does This Mean For The US, Middle East?

Middle East Business News - Published date: .

The market's response to Trump's re-election and subsequent pro-crypto policies has been swift and pronounced Read more

Saudi BNPL Market To Hit $53bn By 2030 As Tabby Readies For IPO 

Middle East Business News - Published date: .

Tabby, the leading player in the BNPL market in Saudi Arabia and the region, raised $160 million last week at an estima... Read more

ASB Capital Commences Operations In Dubai, Aims To Bridge Regional And Global Markets

Middle East Business News - Published date: .

The firm said it will offer a diverse portfolio of wealth and asset management solutions, including public markets, pri... Read more

UAE Telecom Giant Du Adds Cryptocurrency To Payment Options

Middle East Business News - Published date: .

Customers can now opt to pay their du bills via Apple Pay or Samsung Pay, via debit or credit card and cryptocurrency Read more

Saudi Arabia 2034 World Cup: Plenty Of Fun Can Be Had Without Alcohol, Saudi Ambassador To UK Says

Sports and Eneterainment - Published date: .

Prince Khalid bin Bandar Al Saud said visitors must respect Saudi Arabia's culture, stating that currently alcohol is p... Read more

Baseball United Ties-up With MBC, StarzPlay For Broadcast Of UAE Series

Sports and Eneterainment - Published date: .

The worldwide footprint of coverage will reach more than 170 countries, and include more than one dozen linear and OTT ... Read more

Pig Butchering Romance Scams Surge 40%, Pushing Crypto Fraud To Record $12.4bn High

Middle East Business News - Published date: .

A major contributor to the growth in pig butchering and employment scams is the ongoing industrialisation of the fraud ... Read more

Abu Dhabi Announces New Rules For UAE Businesses Without Business Premises

Middle East Business News - Published date: .

Abu Dhabi woos businesses from across the UAE with flexible expansion options and premises-free trading Read more

ADX-listed Phoenix Group Reports Record $167mn Profit In 2024, Mining Revenue Up 236%

Middle East Business News - Published date: .

The company’s mining revenue surged to $107 million in 2024, up from $32 million in 2023 and $5.4 million in 2022 Read more

Massive Spike In Remittances By Gulf-based NRIs As Rupee Nosedives To Record Levels

Middle East Business News - Published date: .

The rupee's sharp decline is likely to drive a further increase in non-resident Indian (NRI) remittances, particularly ... Read more

Alpha Dhabi FY2024 Revenue Soars 40% To A Record $17.26bn

Middle East Business News - Published date: .

Group’s net profit at $3.68 billion; Net operating profit at $2.72 billion; Industrial ($7.16 billion) and Real Estat... Read more

Dubai Islamic Bank Total Income Grows 15.9% To $6.36bn In 2024

Middle East Business News - Published date: .

Pre-tax profit up 27% to $2.45 billion; Customer deposits up almost 12% to $67.8 billion; NPF ratio improves 140bps to ... Read more

AI Regulation: Governments Play Catch-up As $225bn Stablecoin Opportunity Reshapes Global Markets

Middle East Business News - Published date: .

The surge in the use of AI tools and digital currencies, such as stablecoins, comes at a time when powerful economic bl... Read more

Tabby Hits $3.3 Billion Valuation As It Eyes IPO Within 18 Months After $160M Raise

Middle East Business News - Published date: .

Buy now, pay later provider prepares for listing as transaction volumes hit $10 billion annually Read more

UK 17-year-old Swimmer Barnaby Ryder Aims For Historic Dubai World Islands Attempt

Sports and Eneterainment - Published date: .

In an exclusive interview, Ryder outlines his plans for the swim, the importance of men’s mental health and why Dubai... Read more

Dar Global Secures Financing for Ambitious AIDA Project In Oman

Middle East Business News - Published date: .

National Bank of Oman to finance the 3.5 million sqm project that includes a championship-size Trump course, resorts an... Read more

Abu Dhabi-based IHCs Revenue Surges 54.4% To $25.8 Billion In 2024

Middle East Business News - Published date: .

Preliminary report shows total assets up 52% to $109.4 billion; Net profit after tax at $6.94 billion; EPS at $1.93 Read more

Capital Haus Expands UAE Presence With Strategic Wealth Management Acquisition

Middle East Business News - Published date: .

The move strengthens Capital Haus’s position in the private wealth sector, bringing an additional $150 million in fun... Read more

Abu Dhabi Sees 16% Increase In Business Licences, Freelancer Numbers Doubled In 2024

Middle East Business News - Published date: .

Abu Dhabi licensing authority reports notable increase in business registrations Read more