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Dubai To Identify And Fine Foreign Banks Breaching Administrative Guidelines
Middle East Business News - Published date: .
Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum issues Executive Council Resolution No. (101) of 2024 to the effect Read more
Dubai Authorities Bust Two Major International Money Laundering Networks
Middle East Business News - Published date: .
Total value of crimes worth over $223 million; An Emirati and 53 foreign nationals produced in court for money launderi... Read more
Burgan Bank Receives CBK Approval To Acquire Bahrains UGB
Middle East Business News - Published date: .
Purchase price of the transaction settled at $190 million; Acquisition expected to be completed in the first quarter of... Read more
Abu Dhabis ADFD Extends Additional $40mn Loan For Maldives Airport
Middle East Business News - Published date: .
Abu Dhabi fund has now issued total loans of $90 million for the modernisation and expansion of the critical Velana In... Read more
Orient Insurance Announces Official Launch In Saudi Arabia
Middle East Business News - Published date: .
The inauguration of Orient Insurance’s offices in Al Ghadir, Riyadh, marks the company's expansion into the Saudi mar... Read more
UAE Retail Investors Prioritise Financial Goals For New Years Resolution: Report
Middle East Business News - Published date: .
Among those prioritising financial goals, the most popular resolution for 2025 is increasing investments in traditional... Read more
UAE Corporate Tax: FTA Urges Businesses To Register Before December 31 Deadline To Avoid Penalties
Middle East Business News - Published date: .
The FTA noted that Cabinet Decision No. 75 of 2023 imposes Administrative Penalties on Taxable Persons who fail to regi... Read more
UAE Ministry Of Finance Makes Major Amendments To Ministerial Decisions
Middle East Business News - Published date: .
Announcements relate to Tax Groups and Participation and Foreign Permanent Establishment Exemptions and aim to enhance ... Read more
UAE To Host Blockbuster India-Pakistan Champions Trophy Match
Sports and Eneterainment - Published date: .
Dubai likely to host all India matches after Pakistan Cricket Board agrees to a hybrid model following India’s refusa... Read more
UAE To Host Blockbuster India-Pakistan Champions Trophy Match
Sports and Eneterainment - Published date: .
Dubai likely to host all India matches after Pakistan Cricket Board agrees to a hybrid model following India’s refusa... Read more
UAE, Saudi Banks Push For Enhanced Employee Experience In GCC: Report
Middle East Business News - Published date: .
The report highlighted the direct impact on profitability through prioritising employee experience on engagement, reten... Read more
Bapco Energies To Sponsor Bahrain Championship On DP World Tour
Sports and Eneterainment - Published date: .
Company hopes to showcase its pioneering environmental initiatives, including use of solar energy and batteries and hyd... Read more
Bapco Energies To Sponsor Bahrain Championship On DP World Tour
Sports and Eneterainment - Published date: .
Company hopes to showcase its pioneering environmental initiatives, including use of solar energy and batteries and hyd... Read more
UAE Salaries To Fall; Corporate Tax Changes; Top Dubai Real Estate Areas; Drone Deliveries Launched – 10 Things You Missed This Week
Middle East Business News - Published date: .
UAE and Saudi salary updates, Dubai real estate analysis, Corporate Tax changes, major health insurance update and more... Read more
Elite Group To Open $27m Facility In Dubai Industrial City
Middle East Business News - Published date: .
Elite Group will invest in automotive and e-commerce sectors with Dubai Industrial City project Read more
GCC Debt Capital Markets To Hit $1tn
Middle East Business News - Published date: .
Fitch Ratings expects debt capital markets in the GCC to grow in 2025 Read more
Saudi Arabias ACWA Power Proposes $1.9bn Rights Issue
Middle East Business News - Published date: .
Saudi Tadawul authority said the company has applied for the issue to increase in its paid-up capital Read more
Hackers Steal $2.2bn In Crypto In 2024 Amid Bitcoin Bull Run: Report
Middle East Business News - Published date: .
The number of individual hacking incidents increased from 282 in 2023 to 303 in 2024, resulting in these losses Read more
AD Ports Group Doubles Its Revolving Credit Facility At Better Terms
Middle East Business News - Published date: .
The Abu Dhabi-based group successfully refinances and upsizes its existing RCF from $1 billion to $2.125 billion Read more
Dubai-based DP World Issues The Regions First Blue Bond
Middle East Business News - Published date: .
The $100 million, 5-year Blue Bond priced at 5.25% coupon rate; Will fund significantly under-funded SDG 14 and SDG 6 o... Read more