Middle East
Myanmar: UN seeks additional $240 million to bolster earthquake relief
The United Nations is ramping up its response to Myanmar’s devastating earthquake, calling for increased funding and an…
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
UAE Central Bank imposes financial sanction on a bank
The Central Bank of the UAE (CBUAE) has imposed financial sanctions on a bank operating in the UAE…
Business & Economy
Fuze secures retail payment and card schemes license from UAE Central Bank
Abu Dhabi-based Fuze, a financial infrastructure provider in the Middle East, has secured a license from the Central…
Business & Economy
Qatar point-of-sale and e-commerce transactions hit $3.8bn in March
Qatar Central Bank (QCB) announced that the total value of transactions conducted through point-of-sale (POS) terminals and e-commerce…
Middle East
UN alert over deepening crisis in Sudan as famine spreads and violence escalates
In a statement issued by his Spokesperson on Wednesday, UN Secretary-General António Guterres said he was “appalled” by…
UAE News
Emirates NBD’s balance sheet crosses AED1 trillion after strong Q1 numbers
Emirates NBD’s balance sheet surpassed the AED1 trillion (US$272.3 billion) milestone in the first quarter of 2025, as…
Business & Economy
Saudi Insurance Authority proposes expanded coverage for vehicle lessees, drivers in draft law amendments: Report
The Saudi Arabia’s Insurance Authority has proposed amendments in the provision of comprehensive insurance coverage for lessees in…
Business & Economy
UAE fintech market to reach $6.43bn by 2030
The UAE financial technology (fintech) market is expected to reach $3.56bn in 2025, and $6.43bn by 2030, with…
Business & Economy
ACWA Power secures $200mn loan for its new HQ in Riyadh
ACWA Power has secured a seven-year SAR750 million (US$200 million) Shariah-compliant loan facility from Alinma Bank to build…
Business & Economy
Al Ansari Exchange renews strategic partnership with Visa
Al Ansari Exchange, a subsidiary of the Dubai Financial Market (DFM)-listed Al Ansari Financial Services, has extended its…