Business & Economy

UAE announces updated Excise Tax rules

The UAE Ministry of Finance has announced the issuance of Cabinet Resolution No. (198)…

Mubadala completes acquisition of Service Logic in partnership with Bain Capital

Abu Dhabi’s Mubadala Investment Company, in partnership with Bain Capital, has closed the acquisition…

Saudi Arabian bank credit reached an all-time high of $880 billion

Saudi Arabian banks’ credit to the public and private sectors has reached a record…

Kuwait to launch dedicated banking crimes prosecution office in 2026

Kuwait is set to establish a specialised prosecution office focused on banking and financial…

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