Business & Economy
PayPal and KKR extend $75.28bn European buy now, pay later deal
PayPal Holdings and investment firm KKR have renewed and expanded their partnership to fund PayPal’s European buy now,…
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
Pakistan restricts foreign currency sales to digital channels
Pakistan’s central bank has ordered foreign exchange dealers to process all foreign currency sales for residents exclusively through…
Business & Economy
Two Point Zero Group issues and lists over 23.363 billion new shares
Two Point Zero Group (formerly known as Multiply Group) has completed its capital increase process by issuing and…
Business & Economy
Parkin appoints BHM Capital as liquidity provider on DFM
Parkin Company, Dubai’s largest provider of paid parking facilities and services, has appointed BHM Capital Financial Services as…
Business & Economy
Samsung and Hyundai lead $480bn South Korea investment drive
Samsung Electronics and other major South Korean companies have unveiled substantial new domestic investment plans following a trade…
Business & Economy
Bitcoin in bear market territory as it falls below the $95,000 mark
After soaring to its all-time high of US$126,251 on October 6 this year, Bitcoin price dropped to US$93,684…
Business & Economy
UAE business numbers surge 235 per cent as investor confidence soars under major legislative reforms
The UAE has reinforced its position as one of the world’s most attractive destinations for investment, with sweeping…
Business & Economy
Dubai DIFC assets soar 58 per cent to $700bn as US firms expand regional footprint
Dubai International Financial Centre (DIFC) continues to gain momentum, with US companies deepening their presence in the region…
Business & Economy
Saudi R&D spending jumps 30.4 per cent to $7.86bn
The Saudi Arabia research and development (R&D) ecosystem saw significant expansion in 2024, with total spending rising 30.4…
Business & Economy
Investcorp Capital acquires US industrial services firm Kanawha Scales & Systems
Investcorp Capital PLC (ICAP), the Abu Dhabi Securities Exchange-listed investment firm founded by Investcorp, has acquired Kanawha Scales…