Business & Economy
Saudi Arabia launches first mortgage-backed securities as SAMA boosts housing finance market
The Saudi Central Bank (SAMA) has granted the Saudi Real Estate Refinance Company (SRC) a no-objection clearance to…
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
Sukoon to provide family Takaful to Emiratis up to 95 years of age
Sukoon Takaful, one of the prominent Takaful insurance companies in the region, will offer specialised family Takaful coverage…
Business & Economy
UAE to introduce new sugar drink tax from January 2026
The UAE Ministry of Finance has proposed legislative changes to roll out an updated excise tax on sugar-sweetened…
Business & Economy
Goldman Sachs opens Kuwait office to grow Middle East investment footprint
Goldman Sachs Group has announced the opening of a new office in Kuwait, marking a significant step in…
Business & Economy
Mustafa Al Khalfawi outlines Ajman Bank’s bold new digital vision
Listed on the Dubai Financial Market since 2008, Ajman Bank offers a broad spectrum of Sharia-compliant banking and…
Business & Economy
Saudi Arabia issues tax reminder ahead of October 12 deadline
ZATCA emphasised that any delay in submission will result in a 1 per cent fine on the unpaid…
Business & Economy
Wio Bank deposits exceed $13.6bn in under three years
Wio Bank PJSC has reported total customer deposits of more than AED 50 billion, reaching the figure in…
Business & Economy
Qiddiya to adopt Deloitte’s OneTrust and Informatica GRC solutions
Qiddiya Investment Company (QIC), the master developer of Qiddiya City, has entered a strategic partnership with Deloitte to…
Business & Economy
DP World to collaborate with PayPal on cross-border digital payments
Dubai’s DP World and PayPal, the US-based global commerce platform, will collaborate on a first-of-its-kind digital payments initiative…
Business & Economy
Dubai Finance Department, GDFRA sign MOU to support ‘Cashless Dubai’ strategy
Dubai’s General Directorate of Identity and Foreigners Affairs (GDRFA Dubai) and the Dubai Finance Department have signed a…