Business & Economy
Wio Bank deposits exceed $13.6bn in under three years
Wio Bank PJSC has reported total customer deposits of more than AED 50 billion, reaching the figure in…
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
Qiddiya to adopt Deloitte’s OneTrust and Informatica GRC solutions
Qiddiya Investment Company (QIC), the master developer of Qiddiya City, has entered a strategic partnership with Deloitte to…
Business & Economy
DP World to collaborate with PayPal on cross-border digital payments
Dubai’s DP World and PayPal, the US-based global commerce platform, will collaborate on a first-of-its-kind digital payments initiative…
Business & Economy
Dubai Finance Department, GDFRA sign MOU to support ‘Cashless Dubai’ strategy
Dubai’s General Directorate of Identity and Foreigners Affairs (GDRFA Dubai) and the Dubai Finance Department have signed a…
Business & Economy
Abu Dhabi’s Lunate expands into hedge fund with Brevan Howard partnership
Lunate, the Abu Dhabi-based global alternative investment manager with over US$110 billion in assets under management (AUM), will…
Business & Economy
UAE warns businesses to keep tax records for 7 years or face penalties
The UAE has warned businesses to keep tax records for seven years or face fines. The Federal Tax…
Business & Economy
UAE holiday, petrol price changes, tax update, Saudi property reforms, new Kuwait laws – 10 things you missed this week
UAE residents can look forward to a long weekend, fuel price changes and a significant tax update, as…
Business & Economy
UAE corporate tax registrations surpass 640,000 as FTA reports record compliance levels
More than 640,000 UAE businesses registered for corporate tax ahead of the September 2025 deadline for entities with…
Business & Economy
Saudi bank credit hits record $849bn in June 2025, up 15.8% year-on-year
Bank credit in Saudi Arabia reached a new record high by the end of June 2025, climbing to…
Business & Economy
Qatar’s top banks post $3.9bn H1 profit, but rising costs squeeze returns: Moody’s
Qatari banks recorded a modest 1 per cent rise in combined net profit to 14.2 billion riyals ($3.9…