Business & Economy
IHC acquires UAE fintech eFunder, rebrands it as Zelo to tackle $250bn SME funding gap
The move signals a major strategic push to close the region’s $250bn SME funding gap through technology-driven financial…
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 corporate tax registrations rise after penalty waiver
The initiative applies to Taxable Persons and certain categories of Exempt Persons required to register with the FTA…
Business & Economy
Paymentology expands regional presence with new Dubai office
The London-headquartered Paymentology, a global issuer-processor, has opened its new and expanded office in Dubai. The new office…
Business & Economy
Salama ties up with Policybazaar.ae for its Life Takaful insurance
Islamic Arab Insurance Company (Salama), one of the world’s largest and longest-established Shariah-compliant Takaful solution providers, is now…
Business & Economy
UAE central bank fines foreign bank branch $164,000 for regulatory violations
The Central Bank of the UAE (CBUAE) has imposed a financial sanction of AED 600,000 on a branch…
Business & Economy
Dubai expands financial literacy drive to 75,000 students with young investor program
Dubai is educating students in the importance of financial literacy and monetary principles such as budgeting and saving.…
Business & Economy
UAE announces new tax benefits for fair value investment properties
Under the decision, taxpayers who elect for the realisation basis can now deduct depreciation from their taxable income…
Business & Economy
Aramco close to $10bn Jafurah infrastructure deal with BlackRock
Saudi Aramco is reported to be close to a deal that will raise around US$10 billion from a group…
Business & Economy
Kenya’s Equity Group to open representative office in the UAE
Equity Group Holdings, Kenya’s largest lender, plans to expand its footprint and capitalise on the growing opportunities in…
Business & Economy
UAE workers can now collect unemployment benefits at Al Ansari Exchange outlets
Al Ansari Exchange has launched a cash payout service for Involuntary Loss of Employment (ILOE) insurance claims in…