Business & Economy
UAE’s Mashreq inaugurates a representative office in Turkiye
UAE’s Mashreq Bank has expanded its global footprint by opening of a representative office in Turkiye. The Dubai-headquartered…
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
UAE raises $300m in June 2025 Islamic T-Sukuk auction, oversubscribed 5.6 times
The UAE Ministry of Finance (MoF) has announced the successful completion of its June 2025 auction of Islamic…
Business & Economy
Al Ansari Exchange launches new digital prepaid cards via UAE mobile app
Al Ansari Exchange, the UAE’s largest remittance and foreign exchange company and a subsidiary of Al Ansari Financial…
Business & Economy
Saudi Arabia banking sector shows strong start to 2025 with improved profitability
Saudi Arabian banks recorded a strong start to 2025, with aggregate net income rising 6.3 per cent quarter-on-quarter…
Business & Economy
UAE residents can now pay government fees in zero-interest instalments
Customers can make payments in flexible instalments, depending on each bank’s terms and conditions, with a zero per…
Business & Economy
Saudi Arabia extends cancellation of fines and exemption of penalties by 6 months
The Saudi Zakat, Tax, and Customs Authority (ZTCA) has extended the initiative to waive fines and exempt taxpayers…
Business & Economy
Crypto in 2025: Buy, wait or exit?
The bull case: Momentum and institutional backing The numbers offer a compelling outlook for crypto enthusiasts. Bitcoin has…
Business & Economy
Oman Development Bank finances 20,000 micro-projects worth $260m
Oman Development Bank has surpassed OR100m ($259m) in its micro-project lending portfolio by the end of September 2025,…
Business & Economy
Dubai debt deal: DIFC and Partners for Growth join forces to fund next generation tech companies
The collaboration combines DIFC’s ambition to drive the future of finance with PFG’s expertise in asset-backed lending, which…
Business & Economy
Kuwait introduces tax rules, expects $820m in revenue
The Kuwait Ministry of Finance has issued a landmark decree introducing executive regulations for taxing multinational enterprise (MNE)…