Business & Economy
Dubai-based MBS Global to help create $8.8bn financial hub in Maldives
Dubai-based MBS Global Investments will play a critical role in transforming Maldives from a tourism-based economy to a…
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
Dubai free zone announces 2 new business categories
A Dubai free zone has launched two new business category licences as it looks to boost options for…
Business & Economy
UAE fines exchange house $953,000 over rule violations
The Central Bank of the UAE imposed a financial sanction on an exchange house, pursuant to Article (14)…
Middle East
Anthrax outbreak compounds security crisis in eastern DR Congo
An anthrax outbreak is compounding the worsening security situation in eastern Democratic Republic of the Congo (DRC), driving…
Business & Economy
Saudi Arabia tax fine waiver to end this month
Saudi Arabia has given taxpayers until the end of this month to make use of a waiver on…
Business & Economy
Dubai’s OMNIYAT raises $500mn in inaugural green sukuk
Dubai-based ultra-luxury real estate developer OMNIYAT has raised $500 million through its first green sukuk, marking the company’s…
Business & Economy
NEOM to invest in MemryX’s energy-efficient semiconductors business
NEOM Investment Fund (NIF), NEOM’s investment arm, said it has added the Ann Arbor, Michigan-based MemryX to its…
Business & Economy
Al Salam Bank offers three dedicated ‘Eid ATMs’ in key Bahrain malls
These dedicated ATMs for Eid ‘Ayadi’ withdrawals will be used in three major shopping malls in the country…
Business & Economy
Arcapita expands US private equity portfolio with the acquisition of Trustpoint
Arcapita Group Holdings Limited (“Arcapita”), the global alternative investment firm, announced today that it has successfully completed the…
Business & Economy
Key verticals deliver as Alpha Dhabi’s Q1 revenue surge 23% to $4.74bn
Alpha Dhabi Holding has reported a 23 per cent year-on-year increase in group revenue to AED17.4 billion (US$4.74…