Business & Economy
HSBC cashes in on record HNWI influx to UAE with launch of first Middle East wealth centre
The new facility, housed in HSBC’s flagship Jumeirah branch in Dubai, is designed to serve the bank’s Premier…
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
Money20/20 Middle East: Saudi stock market value surges to $2.67trn, CMA chief says
The Capital Market Authority (CMA) opened the Money20/20 Middle East conference in Mulham, marking a major step in…
Business & Economy
Saudi Central Bank: QNB Group wins SAMA approval for $666m digital-first ezbank
QNB Group has received licence approval from the Saudi Central Bank (SAMA) to establish a new digital-first banking…
Business & Economy
US Federal Reserve poised to cut rates as Gulf economies brace for ripple effects
Investors see a 25-basis-point move as virtually certain after a summer of weakening US job growth and rising…
Business & Economy
Dubai Chambers and EDB join forces to unlock growth opportunities for SMEs
Dubai Chambers has signed a Memorandum of Understanding (MoU) with Emirates Development Bank (EDB) to enhance support for…
Business & Economy
Abu Dhabi and Hong Kong exchanges sign MoU to explore cross-listing
The Abu Dhabi Securities Exchange (ADX) and the Hong Kong Exchanges and Clearing Limited (HKEX) have signed a…
Business & Economy
UAE announces new tax reporting rules for crypto assets
The UAE has signed on to the global crypto tax reporting framework, with implementation set for 2027. The…
Business & Economy
Dubai’s DIEZ trade hit record $91.5bn in 2024, up 19 per cent
The Authority also posted its highest-ever share of Dubai’s non-oil trade at 13.7 per cent, marking a fourth…
Business & Economy
Presight and Shorooq to launch $100mn fund for AI-related investments
UAE’s Presight has partnered with the Abu Dhabi investment fund Shorooq to launch Presight–Shorooq Fund I – a…
Business & Economy
UAE businesses urged to file tax returns early to avoid penalties
The UAE Federal Tax Authority (FTA) has issued a reminder for all corporate taxable persons, including exempt persons…