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Saudi Insurance Sector Records $960m Profit In 2024
Middle East Business News - Published date: .
Saudi insurance market records growth as regulations support market Read more
Middle Easts First Digital Asset Multi-strategy Fund Launches Via AltNovel And 3iQ Partnership
Middle East Business News - Published date: .
The fund seeks to deliver high absolute returns with a reduced correlation to traditional assets and hedge funds Read more
US Infrastructure Giant Stonepeak Expands Middle East Footprint With Saudi Arabia Office
Middle East Business News - Published date: .
Stonepeak also named senior investment professionals Steven Ciobo and Fadi Kerbaj to lead the company’s engagement on... Read more
Abu Dhabis ADQ Raises $2bn In Oversubscribed Bond Sale
Middle East Business News - Published date: .
The issuance marked ADQ’s third offering in international debt capital markets and will support the diversification o... Read more
PIF To Offer $13mn Purse In Ladies Golfs Revamped Global Series
Sports and Eneterainment - Published date: .
Five tournaments in Riyadh, Seoul, London, Houston and Shenzhen are part of the PIF Global Series on Ladies European To... Read more
UAE Reports 94% Surge In Bank Account Ownership
Middle East Business News - Published date: .
New independent survey data from YouGov and Daleel highlights growing financial inclusion, but also reveals gaps in con... Read more
Dubai On Track To Become Top 4 Global Financial Hub
Middle East Business News - Published date: .
HSBC report highlights how Dubai is cementing a reputation as a financial powerhouse and has aspirations as a global co... Read more
UAE Announces Tax Fine Waiver
Middle East Business News - Published date: .
UAE begins implementation of a waiver of fines for late tax registrations Read more
Real Estate Outperforms For IHC As Q1 Revenue Jumps 41.1% To $7.41bn
Middle East Business News - Published date: .
UAE’s most valuable publicly listed company reports profit after tax of $1.12bn, with a net profit margin of 15.2% Read more
Brown Advisory Opens Abu Dhabi Office, Expands $162bn Global Portfolio To Middle East
Middle East Business News - Published date: .
Global investment firm Brown Advisory establishes ADGM presence, responding to regional demand for US equity and fixed ... Read more
UAE, Regional Firms Switch To Blockchain-based Cross-border Payments As Global Trade Tensions Mount
Middle East Business News - Published date: .
Regulatory initiatives such as the UAE Central Bank’s move to give legal clarity to payment token issuers through its... Read more
Ahmed Abdelaal: How Mashreqs CEO Is Redefining Digital Banking In The Middle East
Middle East Business News - Published date: .
Ahmed Abdelaal, Group CEO of Mashreq, on humanising digital transformation, building a bank that listens, and reshaping... Read more
UAE Sets $697bn Islamic Bank Target And Aims For Halal Export Boost; Cabinet Reviews Tourism Sector Amid $122.5bn Goal
Middle East Business News - Published date: .
UAE Cabinet meeting reviews Islamic finance, tourism and Hajj strategies Read more
UAE Clarifies Tax Rules For Real Estate Investors
Middle East Business News - Published date: .
UAE tax authorities issue public clarification over Corporate Tax rules for investors in Real Estate Investment Trust Read more
Dubai Premier Padel P1 Sets UAE Record With 7,000-seat Indoor Centre Court
Sports and Eneterainment - Published date: .
After a successful debut in 2024, Dubai Premier Padel P1 returns this November with a new venue, increased capacity, an... Read more
Key Verticals Deliver As Alpha Dhabis Q1 Revenue Surge 23% To $4.74bn
Middle East Business News - Published date: .
Adjusted EBITDA rises 33% to $1.2bn; Real estate and industrial revenues at $1.74bn and $1.69bn respectively Read more
NEOM To Invest In MemryXs Energy-efficient Semiconductors Business
Middle East Business News - Published date: .
NEOM Investment Fund adds the Michigan startup to its portfolio; NEOM will deploy the next-generation, energy-efficient... Read more
Dubais OMNIYAT Raises $500mn In Inaugural Green Sukuk
Middle East Business News - Published date: .
Ultra-luxury real estate developer enters international debt capital markets for the first time with oversubscribed gre... Read more
Dubai Free Zone Announces 2 New Business Categories
Middle East Business News - Published date: .
DMCC introduces Special Purpose Vehicle and Holding Company licenses in Dubai Read more
Dubai-based MBS Global To Help Create $8.8bn Financial Hub In Maldives
Middle East Business News - Published date: .
Maldives International Financial Centre to be a freezone that aims to diversify the country’s tourism-dependent econo... Read more