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…
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
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…
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…
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
Mubadala makes significant reinvestment in PCI Pharma Services
Mubadala Investment Company, the Abu Dhabi-based sovereign wealth fund managing a global portfolio, is making a significant reinvestment…
Business & Economy
PIF launches Tasama to boost Saudi entrepreneurship and tech ecosystem
Saudi Arabia’s Public Investment Fund (PIF) has officially launched Tasama Business Services Company, a national platform aimed at…
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 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
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…