Business & Economy
UAE issues tax guidance to help businesses
The UAE Ministry of Finance has released Mutual Agreement Procedure (MAP) guidance to help taxpayers avoid double taxation…
Category: Business & Economy
Explore digital business news, economic trends, and startup updates from Dubai, UAE, and the Middle East on The Nation Middle East.
Business & Economy
UAE Central Bank gold reserves hit $7.46bn in Q1 2025
The Central Bank of the United Arab Emirates (CBUAE) significantly expanded its gold reserves in the first quarter…
Business & Economy
Dubai residents can now instantly check credit scores online
Dubai residents can now check their credit reports and scores directly through the DubaiNow app, thanks to a…
Business & Economy
Oman announces 5% income tax: Everything you need to know
The personal income tax (PIT) for high earners marks a major shift in Oman’s fiscal policy as part…
Business & Economy
CBUAE suspends new Islamic Banking customers at UAE Bank for 6 months
The Central Bank of the UAE has suspended the onboarding of new customers on the Islamic Window of…
Business & Economy
UAE earns top sovereign credit ratings from Moody’s, S&P, and Fitch in 2025
The UAE has secured strong sovereign credit ratings from the world’s top three agencies – S&P Global (S&P),…
Business & Economy
UAE’s Mashreq inaugurates a representative office in Turkiye
UAE’s Mashreq Bank has expanded its global footprint by opening of a representative office in Turkiye. The Dubai-headquartered…
Business & Economy
UAE raises $300m in June 2025 Islamic T-Sukuk auction, oversubscribed 5.6 times
The UAE Ministry of Finance (MoF) has announced the successful completion of its June 2025 auction of Islamic…
Business & Economy
Al Ansari Exchange launches new digital prepaid cards via UAE mobile app
Al Ansari Exchange, the UAE’s largest remittance and foreign exchange company and a subsidiary of Al Ansari Financial…
Business & Economy
Saudi Arabia banking sector shows strong start to 2025 with improved profitability
Saudi Arabian banks recorded a strong start to 2025, with aggregate net income rising 6.3 per cent quarter-on-quarter…