Business & Economy
Abu Dhabi Islamic Bank mobilises $4.63bn in sustainable finance, leads region in green sukuk
Abu Dhabi Islamic Bank (ADIB) announced it has mobilised AED17bn ($4.63bn) in sustainable finance by the end of…
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
Al Seer Marine secures $207mn loan from ADCB to accelerate expansion
The rising confidence of financial institutions in the business and potential of Abu Dhabi-based Al Seer Marine was…
Business & Economy
Dubai’s DIB helps arrange $1 billion sovereign financing for Pakistan
Dubai Islamic Bank (DIB) has successfully completed a US$1 billion syndicated term-finance facility for the Government of Pakistan.…
Business & Economy
Amazon Payment Services partners with Tamara BNPL to expand UAE, Saudi Arabia market
Amazon Payment Services has partnered with Tamara, the GCC’s leading Buy Now, Pay Later (BNPL) provider, to expand…
Business & Economy
Abu Dhabi’s Lunate adds HSBC as its first international Authorised Participant for ETFs
HSBC Bank UK has become the first international Authorised Participant (AP) for Abu Dhabi-based global investment management firm,…
Business & Economy
Saudi Arabia warns businesses to file excise tax returns by July 15 to avoid fines
The authority warned that a 5 per cent fine will be applied for every 30-day period that passes…
Business & Economy
UAE central bank fines bank AED3 mn for AML violations
The Central Bank of the UAE (CBUAE) has imposed a financial sanction of AED 3,000,000 on a bank…
Business & Economy
Saudi Arabia, UAE leads $9.47bn MENA sustainable bond market in H1 2025
Issuances of green, social, sustainable, and sustainability-linked (GSSS) bonds in the Middle East and North Africa (MENA) reached…
Business & Economy
GulfNav raises $136.15mn through oversubscribed MCB offering
Gulf Navigation Holding (GulfNav) has successfully raised AED 500 million (US$136.15 million) through an oversubscribed Mandatory Convertible Bond…
Business & Economy
Saudi Arabia leads MENA venture capital with $860m in H1 2025, surpassing 2024 total
Saudi Arabia has reinforced its dominance in the Middle East and North Africa’s venture capital landscape, securing the…