Business & Economy
Mashreq launches new saver account offering 6.25% interest and $1,360 cashback
Mashreq has launched a high-yield digital savings product that offers up to 6.25 per cent annual interest and…
Category: Business & Economy
Explore digital business news, economic trends, and startup updates from Dubai, UAE, and the Middle East on The Nation Middle East.
UAE News
World’s first machine economy freezone to launch in UAE
Abu Dhabi and Dubai are set to host the world’s first Machine Economy Free Zone (MEFZ) in the…
Business & Economy
UAE Corporate Tax: FTA extends grace period for tax record updates until March 2025
The Federal Tax Authority (FTA) has issued a reminder to taxpayers who have not yet updated their tax…
Business & Economy
Saudi bank credit crosses SAR3 trillion in January 2025
The total bank credit extended to the public and private sectors in Saudi Arabia reached SAR3,005,946 million by…
UAE News
HyperPay unveils HyperTap for secure contactless payments via smartphones in UAE
UAE digital payment solutions provider HyperPay announced the launch of ‘HyperTap’, a secure ‘Tap on Phone’ payment solution.…
Business & Economy
Kuwait’s anticipated liquidity law expected to boost DCM and Sukuk growth
Fitch Ratings expects Kuwait’s funding diversification goals could boost the country’s access to global debt capital markets (DCM)…
UAE News
UAE banks have more than 39,000 employees for first time since 2015
A monthly statistical bulletin, showed that as of the end of 2024, the total number of bank employees…
Business & Economy
Eid Al Fitr in the UAE; Visa-free travel ideas; Dubai villa sales surge; Sheikh Mohammed reveals $65bn investment plan – 10 things you missed this week
Eid Al Fitr is coming soon and people in the UAE are planning breaks, vacations and even international…
Business & Economy
GCC worker remittances hit $131.5bn in 2023, global highest after US
The total remittances of workers in the Gulf Cooperation Council (GCC) countries to foreign destinations amounted to $131.5…
Business & Economy
UK businesses eye Middle East investments
UK businesses are increasingly turning to the Middle East as a prime investment destination, with interest in the…