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Khaldoon Al Mubarak Eyes New Manchester City Signings After Disappointing Season

Sports and Eneterainment - Published date: .

Manchester City Chairman Khaldoon Al Mubarak is confident the Abu Dhabi-backed team will compete for major honours agai... Read more

Bitget Launches BGUSD To Bridge Traditional Finance And Crypto

Middle East Business News - Published date: .

BGUSD is redeemable for USDC at a 1:1 ratio and can be subscribed using USDC or USDT Read more

UAE Central Bank Slaps $27.8mn Fine On Exchange House

Middle East Business News - Published date: .

The UAE central bank has not disclosed the identity of the exchange house Read more

Al Salam Bank Exits Its 15.6% Shareholding In Seef Properties

Middle East Business News - Published date: .

The Bahrain bank’s newly formed asset management firm, ASB Capital, acts as sell-side advisor in the sale to GFH Read more

Investcorp Exits 12 US Residential Multiple-occupancy Assets

Middle East Business News - Published date: .

Exit was secured at a premium at a combined value of approximately $550 million; Assets were spread across five states Read more

MENA Region Records $46bn In M&A Activity In Q1

Middle East Business News - Published date: .

UAE leads MENA region in M&A activity as volumes and value see significant gains Read more

Comera Receives UAE Central Bank Approval To Launch Finance Company

Middle East Business News - Published date: .

Once operational, Comera Finance will offer a full suite of financial products and services, spanning retail, SME, and ... Read more

Saudi Aramco Issues 5-30 Year Dollar-denominated Bonds For $5bn

Middle East Business News - Published date: .

The oil giant still has a low gearing ratio among global oil companies, which gives them room for increased borrowing, ... Read more

CBUAE Issues $5m Fines To Foreign Banks

Middle East Business News - Published date: .

UAE Central Bank fines foreign banks over anti-money laundering violations Read more

UAEs Etihad Credit Insurance Reports Over 15% Jump In Insured Turnover To AED 16.2bn In 2024

Middle East Business News - Published date: .

Etihad Credit Insurance achieved AED 11 billion in gross exposure and maintained its AA- Fitch rating, boosting UAE exp... Read more

Bahrains Investcorp Sells Entire Stake In Indian Retailer Citykart

Middle East Business News - Published date: .

Alternative investment firm Investcorp sells entire Citykart stake to TPG NewQuest and A91 Partners Read more

GFH Capital, Al Tijaria Announce Logistics Partnership Focused Across GCC Region

Middle East Business News - Published date: .

Under the agreement, Al Tijaria will act as a technical advisor for one of GFH Capital’s logistics funds Read more

Ronaldo Hints At Saudi Al Nassr Exit With Cryptic X Post: Reports 

Sports and Eneterainment - Published date: .

Following the match, Ronaldo posted an image of himself wearing his Al Nassr shirt on social media with the caption: "T... Read more

Binghatti, ADIB Sign Massive Deal For Sharia-compliant Home Financing In Dubai

Middle East Business News - Published date: .

The agreement will enable homeowners to secure financing once construction reaches 35 per cent completion across Bingha... Read more

Agentic AI Takes Over Credit Sanctions Role As UAE Banks Make Major Strides In Digital Banking

Middle East Business News - Published date: .

The digitalisation drive is leading to the emergence of major partnerships between banks and fintechs in the region Read more

Dubais Invictus Acquires Majority Stake In Angolan Fertiliser Company

Middle East Business News - Published date: .

Strategically located, Angata specialises in tailored fertiliser blending; It's the third major acquisition by Invictus... Read more

Abu Dhabi Fines 23 Entities $166,000 Over Tax Rules

Middle East Business News - Published date: .

Abu Dhabi General Market hands out tax fines over tax rule violations Read more

Salah Says Liverpool Fans Played A Role In Him Rejecting Lucrative Saudi Move

Sports and Eneterainment - Published date: .

The Egyptian star says “negotiations were serious” with Saudi Premier League officials before he rejected a reporte... Read more

Mohammed Ben Sulayem Announces Bid For Second Term As FIA President

Sports and Eneterainment - Published date: .

Ben Sulayem was proud of what had been achieved under his mandate and saw no reason to do anything differently the seco... Read more

UAE Announces New Corporate Tax Rule For Partnerships

Middle East Business News - Published date: .

Under current Corporate Tax Law in the UAE, unincorporated partnerships operate as tax transparent entities Read more