Business & Economy
Middle East investors should pivot to emerging markets and gold amid weak dollar: Standard Chartered
Investors in the Middle East should rebalance their portfolios to make the most of a weak dollar, according…
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 Central Bank slaps $1.6mn fine on foreign bank branch for AML violations
The Central Bank of the UAE (CBUAE) has imposed a financial sanction of AED 5,900,000 on a foreign…
Business & Economy
Abu Dhabi SME Champions Program delivers $183m in deals, boosts procurement opportunities
The Abu Dhabi SME Champions Program, led by Khalifa Fund for Enterprise Development, has generated 652 procurement deals…
Business & Economy
Saudi’s ACWA Power’s $1.9bn rights issue approved by shareholders
Saudi Arabia’s ACWA Power has received shareholders’ go-ahead for its SAR 7.1 billion (US$1.9 billion) rights issue. With…
Business & Economy
Dubai taxis now accept American Express payments
American Express Middle East (AEME) has announced that more than 13,000 taxis in Dubai operated by franchised companies…
Business & Economy
ADIA reportedly eyeing 30% stake acquisition in Aggreko
According to a Bloomberg report based on sources familiar with the matter, buyout firms KKR and CVC Capital Partners are…
Business & Economy
Prakriti Singh talks about the future of payments being driven by AI, personalisation and trust
Welcome to a new era where money moves in step with how we live, work and do business.…
Business & Economy
UAE GPSSA introduces daily penalties for late GCC national pension contributions
The contributions are required for employees under the Unified Protection Extension System, which guarantees GCC nationals working in…
Business & Economy
Qatar refers 13 companies to prosecution over tax evasion in H1 2025
Qatar’s General Tax Authority (GTA) has referred 13 companies to the Public Prosecution for alleged tax evasion totalling…
Business & Economy
UAE Central Bank fines exchange houses $1.12m for anti-money laundering violations
The Central Bank of the UAE has imposed financial penalties totalling AED4.1m ($1.12m) on three exchange houses for…