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.…
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
Qatar refers 13 companies to prosecution over tax evasion in H1 2025
Qatar’s General Tax Authority (GTA) has referred 13 companies to the Public Prosecution for alleged tax evasion totalling…
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…
Business & Economy
Qatar tax authority exempts $247m in penalties for 4,000 companies
Qatar’s General Tax Authority (GTA) has successfully granted full exemptions on penalties totalling more than QR900m ($247m) to…
Business & Economy
Race for private markets firms to establish UAE office gets hotter
Sweden’s EQT AB, France’s Eurazeo and UK-based Pollen Street Capital are among those setting up in Abu Dhabi, according to a Bloomberg report…
Business & Economy
Middle East investors should pivot to emerging markets and gold amid weak dollar: Standard Chartered
Investors in the Middle East should rebalance their portfolios to make the most of a weak dollar, according…
Business & Economy
UAE Central Bank slaps $1.6mn fine on foreign bank branch for AML violations
The Central Bank of the UAE (CBUAE) has imposed a financial sanction of AED 5,900,000 on a foreign…
Business & Economy
Abu Dhabi SME Champions Program delivers $183m in deals, boosts procurement opportunities
The Abu Dhabi SME Champions Program, led by Khalifa Fund for Enterprise Development, has generated 652 procurement deals…
Business & Economy
Saudi’s ACWA Power’s $1.9bn rights issue approved by shareholders
Saudi Arabia’s ACWA Power has received shareholders’ go-ahead for its SAR 7.1 billion (US$1.9 billion) rights issue. With…
Business & Economy
Kuwait introduces tax rules, expects $820m in revenue
The Kuwait Ministry of Finance has issued a landmark decree introducing executive regulations for taxing multinational enterprise (MNE)…