Business & Economy
Abu Dhabi’s ADQ to partner US government in $1.8bn critical minerals project
Abu Dhabi sovereign wealth fund ADQ will invest US$600 million in a US$1.8 billion project backed by the…
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
Binance boss CZ ‘grateful’ to Trump after receiving Presidential pardon
Changpeng Zhao, the flamboyant founder of the world’s largest cryptocurrency exchange Binance, has been granted a pardon by…
Business & Economy
Saudi VAT: ZATCA calls for businesses to file returns or face fines
Establishments with annual supplies exceeding SR40m ($10.7m) must submit VAT returns for September, while those below that threshold…
Business & Economy
Goldman scales regional offering with onshore private banking services in KSA
As some of Wall Street’s biggest financial companies target the wealth in Saudi Arabia and the Middle East,…
Business & Economy
Saudi Venture Capital to increase allocation to private credit funds
Saudi Venture Capital (SVC), a state-backed investor and part of the National Development Fund (NDF) with more than…
Business & Economy
UAE ombudsman Sanadak slashes financial complaint resolution time to 15 working days
Sanadak, the UAE financial ombudsman, has cut complaint resolution times from 30 to 15 working days — a…
Business & Economy
IHC acquires majority stake in Pakistan’s First Women Bank Limited
IHC, Abu Dhabi’s global investment company and the most valuable company listed on Abu Dhabi Securities Exchange (ADX),…
Business & Economy
Dubai’s DIFC surpasses 8,000 companies as banking assets triple to $240 billion
Dubai International Financial Centre (DIFC) has cemented its position as the Middle East, Africa and South Asia’s largest…
Business & Economy
Saudi fintech Tamara gains UAE Central Bank approval to boost Gulf expansion
Saudi Arabia’s first homegrown fintech unicorn, Tamara, has received a restricted finance licence from the Central Bank of…
Business & Economy
Kuwait Fund wins award for financing $416 million water project in Egypt
The Kuwait Fund for Arab Economic Development has received the 2024 Abdullatif Yousef Al-Hamad Development Award for financing…