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Kuwait Bans Cryptocurrency Mining

Middle East Business News - Published date: .

Kuwait has banned cryptocurrency mining and is cracking down on the activity due to strains on electricity network Read more

UAE Tax Rule; May Petrol Prices Revealed; Trump Tower In Dubai; Viral Chocolate Maker Speaks Out – 10 Things You Missed This Week

Middle East Business News - Published date: .

UAE and Saudi tax updates; Dubai viral chocolate maker interview, May petrol prices revealed, Trump Tower coming to She... Read more

FIFA Selects Hisense As Official Partner For Club World Cup 2025

Sports and Eneterainment - Published date: .

Hisense will provide VAR screens and broadcast tech for the FIFA Club World Cup 2025, supporting core tournament operat... Read more

Saudi PIF Prices $1.25bn Sukuk Offering Amid Strong Demand

Middle East Business News - Published date: .

The Saudi sovereign wealth fund’s dollar-denominated sukuk drew over $9 billion in orders, highlighting strong global... Read more

Mubadala Capital And TWG Global In A Game-changing Partnership

Middle East Business News - Published date: .

SWF Global says it signals “the evolving relationship between PEs and SWFs”; Mubadala Capital to anchor a $10bn inv... Read more

Saudi Arabia Issues Tax Update

Middle East Business News - Published date: .

Saudi Arabia urges taxpayers to take advantage of fine waiver before June 30 Read more

Dubai Real Estate: MAG, MultiBank And Mavryk Team Up To Tokenise $3bn Of Luxury Property

Middle East Business News - Published date: .

Blockchain innovators and Dubai real estate developer sign $3bn property investment tokenisation deal Read more

Saudi Banks To Remain Resilient Despite Rise In External Debt, Says S&P

Middle East Business News - Published date: .

The global rating agency expects the net external debt position to remain at a manageable level of about 4.1% of total ... Read more

Abu Dhabis Lunate To Acquire Stake In Wealth Management Firm Azura Partners

Middle East Business News - Published date: .

Azura headquarters to shift to ADGM in Abu Dhabi as part of the deal; New capital will help build AUM, talent, technolo... Read more

World Padel Academy Makes History With Two FIP Tournaments In Two Nations In one Week

Sports and Eneterainment - Published date: .

Over the course of one electrifying week, the FIP Silver Damac Dubai and FIP Bronze Durrat Al Bahrain tournaments b... Read more

Investcorp exits RESA Power In Sale To Kohlberg, Marking First Exit For North American PE Fund

Middle East Business News - Published date: .

Investcorp aims to replicate RESA’s success globally across its private equity business Read more

Gate Group Secures Dubai VARA License

Middle East Business News - Published date: .

Gate Group’s Dubai arm is accelerating the expansion of its local team as it prepares for its official launch Read more

Dubais JA Resorts Invests AED300m In New Multi-sport Complex

Sports and Eneterainment - Published date: .

The JA Sports & Shooting Club will feature international-standard football and cricket grounds, an indoor shooting ... Read more

UAE Announces New Tax Rule

Middle East Business News - Published date: .

The UAE has announced a new waiver for tax fines in the country Read more

First Abu Dhabi Bank Powers Ahead With Record Q1 Numbers

Middle East Business News - Published date: .

Total income up 11 per cent to $2.4bn as net profit rises 23% to $1.4bn and profit before tax reaches $1.67bn; Total as... Read more

UAE To Launch Dirham-backed Stablecoin

Middle East Business News - Published date: .

Dirham-backed stablecoin launched in the UAE will enable simple digital payments Read more

Saudi Non-oil Exports Passed $137bn Last Year

Middle East Business News - Published date: .

Saudi Arabia recorded record non-oil exports in 2024 as national economy diversifies Read more

Crypto Market: Retail Participation In The Sector Predicted To See A Major Boost In Bitcoin As A Result Of Trumps IRS Overturned

Middle East Business News - Published date: .

Bitcoin prices shot up in early trading hours on Monday, April 28, to cross the $94,000 mark, touching $94,083 briefly,... Read more

UAEs Ruya Becomes First Global Islamic Bank To Offer Shariah-compliant Crypto Trading

Middle East Business News - Published date: .

Digital Islamic bank ruya teams up with Fuze to offer secure, ethical crypto investments aligned with Islamic financial... Read more