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UAE Announces New Tax Benefits For Fair Value Investment Properties

Middle East Business News - Published date: .

UAE taxpayers who elect for the realisation basis can now deduct depreciation from their taxable income for investment ... Read more

UAE Central Bank Fines Foreign Bank Branch $164,000 For Regulatory Violations

Middle East Business News - Published date: .

The UAE central bank did not identify the specific foreign bank branch that received the penalty Read more

Salama Ties Up With Policybazaar.ae For Its Life Takaful Insurance

Middle East Business News - Published date: .

The collaboration enables wider reach and easier access for its Shariah-compliant life insurance offerings Read more

Paymentology Expands Regional Presence With New Dubai Office

Middle East Business News - Published date: .

It will serve as a base for client delivery, partner engagement, and operations, and house an expanded team of local ex... Read more

Spartan Middle East Announces Indoor Race At Etihad Arena

Sports and Eneterainment - Published date: .

High-energy 3km Spartan Middle East obstacle race will feature indoor and outdoor elements, with categories for adults ... Read more

UAE Corporate Tax Registrations Rise After Penalty Waiver

Middle East Business News - Published date: .

The initiative applies to Taxable Persons and certain categories of Exempt Persons required to register with the FTA in... Read more

Dubai Real Estate Developer Launches Worlds First Olympic-branded Residence With Tom Dean

Sports and Eneterainment - Published date: .

Hadley Heights 2 in Dubai Sports City will offer Olympic-grade amenities co-designed with gold medallist Tom Dean. Read more

IHC Acquires UAE Fintech EFunder, Rebrands It As Zelo To Tackle $250bn SME Funding Gap

Middle East Business News - Published date: .

Zelo will scale digital invoice financing for SMEs in the UAE, with IHC support and over $200m in funding already deplo... Read more

Saudi Arabia Leads MENA Venture Capital With $860m In H1 2025, Surpassing 2024 Total

Middle East Business News - Published date: .

Saudi Arabia secured 56% of all VC funding in the MENA region during the first half of 2025, recording 114 deals and su... Read more

GulfNav Raises $136.15mn Through Oversubscribed MCB Offering

Middle East Business News - Published date: .

The money raised will form a key component of the company’s $870mn acquisition of Brooge Energy Read more

Mubadala Makes Significant Reinvestment In PCI Pharma Services

Middle East Business News - Published date: .

Bain Capital becomes a new investor in the Philadelphia-based company, which is now valued at $10bn Read more

EXCLUSIVE: Saudi Arabia Is Different, Says Esports World Cup CEO; Riyadh Tops LA, Seoul In Global Gaming

Sports and Eneterainment - Published date: .

Esports World Cup CEO says political backing from gaming leadership gives Riyadh "unparalleled" advantage in global tou... Read more

Saudi Arabia, UAE Leads $9.47bn MENA Sustainable Bond Market In H1 2025

Middle East Business News - Published date: .

Higher global interest rates and a pause in deals from Egypt and Qatar contributed to the lower volume, despite continu... Read more

UAE Pet Insurance: Is It Really Worth It? Experts Weigh In

Middle East Business News - Published date: .

With veterinary costs rising and more residents embracing pet ownership, insurance is becoming a growing consideration ... Read more

PIF Launches Tasama To Boost Saudi Entrepreneurship And Tech Ecosystem

Middle East Business News - Published date: .

New PIF-owned entity Tasama aims to transform Saudi Arabia’s business services sector, support startups, attract glob... Read more

Saudi Arabia Hosts Esports World Cup With $70m Prize Pool, Kingdom Targets $13.3bn GDP Boost And 39,000 Gaming Jobs

Sports and Eneterainment - Published date: .

More than 2,000 players from over 100 countries descend on Riyadh for Saudi gaming event Read more

UAE Central Bank Fines Bank AED3 Mn For AML Violations

Middle East Business News - Published date: .

The sanctions result from the CBUAE's examinations, which revealed the bank's failure to comply with the central bank i... Read more

LIV Golf Secures Major Sponsorship Support From HSBC Bank

Sports and Eneterainment - Published date: .

The London-headquartered bank becomes the Official Bank of the PIF-backed League and will also sponsor the Crushers and... Read more

Saudi Arabia Warns Businesses To File Excise Tax Returns By July 15 To Avoid Fines

Middle East Business News - Published date: .

ZATCA urges Saudi excise taxpayers to file May–June 2025 returns by July 15 to avoid penalties Read more