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…
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’s Presight-Shorooq Fund to back 30 AI and deep tech firms with $100m
Presight-Shorooq Fund I, a new UAE $100m investment vehicle, will target 25 to 30 artificial intelligence (AI) and…
Business & Economy
Saudi eyes fintech growth with 68 permits amid robo-advising, crowdfunding and digital trading boost
Of these, 50 fintech companies are registered under the CMA’s Fintech Lab, with 36 already operational. The CMA…
Business & Economy
Saudi Arabia issues VAT warning as businesses face hefty fines
The authority urged companies to file early through its website or mobile app to avoid penalties ranging from…
Business & Economy
PayPal to invest $100m in Middle East and Africa digital economy
PayPal has announced a $100m investment across the Middle East and Africa to accelerate digital commerce, fuel innovation,…
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 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
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
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
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…