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UAE Central Bank Slaps $1.6mn Fine On Foreign Bank Branch For AML Violations
Middle East Business News - Published date: .
The CBUAE stated it endeavours to ensure all banks and their staff abide by UAE laws, regulations and standards through... Read more
Middle East Investors Should Pivot To Emerging Markets And Gold Amid Weak Dollar: Standard Chartered
Middle East Business News - Published date: .
Standard Chartered urges Middle East investors to rebalance portfolios amid global volatility Read more
Kuwait Introduces Tax Rules, Expects $820m In Revenue
Middle East Business News - Published date: .
Kuwait issues new multinational tax regulations and expects $820m in annual revenue Read more
Crypto In 2025: Buy, Wait Or Exit?
Middle East Business News - Published date: .
With Bitcoin touching new heights over $110,000 in June 2025, the question among crypto investors is whether this repre... Read more
Saudi Arabia Extends Cancellation Of Fines And Exemption Of Penalties By 6 Months
Middle East Business News - Published date: .
Minister of Finance approves the extension to taxpayers under all Saudi tax laws, starting July 1 this year until 31 De... Read more
Saudi Arabia Banking Sector Shows Strong Start To 2025 With Improved Profitability
Middle East Business News - Published date: .
The kingdom's economy is expected to grow by 3.6% year-on-year in 2025, with non-oil activities contributing significan... Read more
Al Ansari Exchange Launches New Digital Prepaid Cards Via UAE Mobile App
Middle East Business News - Published date: .
Al Ansari Exchange now offers instant digital versions of its TravelCard and FlexiblePay cards to customers Read more
UAE Raises $300m In June 2025 Islamic T-Sukuk Auction, Oversubscribed 5.6 Times
Middle East Business News - Published date: .
UAE completes $300m Islamic T-Sukuk auction with 5.6x oversubscription, strong investor confidence Read more
Cristiano Ronaldo Signs $680m Deal To Stay In Saudi Arabia With Al Nassr: Report
Sports and Eneterainment - Published date: .
Cristiano Ronaldo has signed what has been dubbed the ‘most lucrative contract in sport history’ to stay with Saudi... Read more
UAEs Mashreq Inaugurates A Representative Office In Turkiye
Middle East Business News - Published date: .
It’s the 15th country globally where Mashreq has operational presence Read more
UAE Earns Top Sovereign Credit Ratings From Moodys, S&P, And Fitch In 2025
Middle East Business News - Published date: .
The UAE has secured strong sovereign credit ratings from the world’s top three agencies – S&P Global (S&P), ... Read more
CBUAE Suspends New Islamic Banking Customers At UAE Bank For 6 Months
Middle East Business News - Published date: .
Central Bank of the UAE suspends bank from adding new customers on Islamic Window Read more
Oman Announces 5% Income Tax: Everything You Need To Know
Middle East Business News - Published date: .
Oman to implement 5% personal income tax from 2028 Read more
Dubai Residents Can Now Instantly Check Credit Scores Online
Middle East Business News - Published date: .
Etihad Credit Bureau partners with DubaiNow to allow users to access credit reports and scores directly in-app Read more
UAE Central Bank Gold Reserves Hit $7.46bn In Q1 2025
Middle East Business News - Published date: .
The UAE Central Bank increased its gold reserves to $7.46bn in Q1 2025 as total bank transfers hit $1.48tn Read more
UAE Issues Tax Guidance To Help Businesses
Middle East Business News - Published date: .
The UAE Ministry of Finance has released Mutual Agreement Procedure (MAP) guidance to help taxpayers avoid double taxat... Read more
Wealthbrix Launches In DIFC To Target Rising Demand From UAEs Next-gen Millionaires And UHNWIs
Middle East Business News - Published date: .
Wealthbrix Capital Partners launches in DIFC to serve UAE’s booming millionaire and UHNWI population Read more
Personal Income Tax Comes Into Effect In Oman From January 1, 2028
Middle East Business News - Published date: .
Only 1% of population in the tax net as the first personal IT law imposes 5% tax on those with income above $109,230, a... Read more
Saudi Arabia Announces New Credit Card Rules
Middle East Business News - Published date: .
The new credit card rules in Saudi Arabia will take effect within 30 to 90 days Read more
UAE Flight Suspension Updates; 4-day Work Week In Dubai; Public Holiday Dates Announced; New Saudi Dining Rules, Piers Morgan Interview – 10 Things You Missed This Week
Middle East Business News - Published date: .
Flight suspensions, a new 4-day work week in Dubai, Saudi Arabia’s dining rule changes, Hijri New Year holidays, and ... Read more