Business & Economy
Saudi Arabia announces new credit card rules
The updated regulations will be for credit card issuance and operation, targeting cost reduction for customers whilst increasing…
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
Personal income tax comes into effect in Oman from January 1, 2028
Oman’s first Personal Income Tax Law, which will affect only 1 per cent of its high-earning population, will…
Business & Economy
Wealthbrix launches in DIFC to target rising demand from UAE’s next-gen millionaires and UHNWIs
Wealthbrix Capital Partners brings more than 150 years of collective leadership experience and a track record of managing…
Business & Economy
Multiply Group to acquire 2PointZero and Ghitha Holding through share swap deal
The Board of Abu Dhabi’s Multiply Group has approved a proposal to acquire 2PointZero and Ghitha Holding through…
Business & Economy
UAE issues tax guidance to help businesses
The UAE Ministry of Finance has released Mutual Agreement Procedure (MAP) guidance to help taxpayers avoid double taxation…
Business & Economy
UAE Central Bank gold reserves hit $7.46bn in Q1 2025
The Central Bank of the United Arab Emirates (CBUAE) significantly expanded its gold reserves in the first quarter…
Business & Economy
Dubai residents can now instantly check credit scores online
Dubai residents can now check their credit reports and scores directly through the DubaiNow app, thanks to a…
Business & Economy
Oman announces 5% income tax: Everything you need to know
The personal income tax (PIT) for high earners marks a major shift in Oman’s fiscal policy as part…
Business & Economy
CBUAE suspends new Islamic Banking customers at UAE Bank for 6 months
The Central Bank of the UAE has suspended the onboarding of new customers on the Islamic Window of…
Business & Economy
UAE earns top sovereign credit ratings from Moody’s, S&P, and Fitch in 2025
The UAE has secured strong sovereign credit ratings from the world’s top three agencies – S&P Global (S&P),…