Business & Economy
Crypto in 2025: Buy, wait or exit?
The bull case: Momentum and institutional backing The numbers offer a compelling outlook for crypto enthusiasts. Bitcoin has…
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
Al Ansari Exchange launches new digital prepaid cards via UAE mobile app
Al Ansari Exchange, the UAE’s largest remittance and foreign exchange company and a subsidiary of Al Ansari Financial…
Business & Economy
Saudi Arabia extends cancellation of fines and exemption of penalties by 6 months
The Saudi Zakat, Tax, and Customs Authority (ZTCA) has extended the initiative to waive fines and exempt taxpayers…
Business & Economy
Saudi Arabia banking sector shows strong start to 2025 with improved profitability
Saudi Arabian banks recorded a strong start to 2025, with aggregate net income rising 6.3 per cent quarter-on-quarter…
Business & Economy
CBUAE suspends new Islamic Banking customers at UAE Bank for 6 months
The Central Bank of the UAE has suspended the onboarding of new customers on the Islamic Window of…
Business & Economy
Oman announces 5% income tax: Everything you need to know
The personal income tax (PIT) for high earners marks a major shift in Oman’s fiscal policy as part…
Business & Economy
UAE Central Bank gold reserves hit $7.46bn in Q1 2025
The Central Bank of the United Arab Emirates (CBUAE) significantly expanded its gold reserves in the first quarter…
Business & Economy
UAE issues tax guidance to help businesses
The UAE Ministry of Finance has released Mutual Agreement Procedure (MAP) guidance to help taxpayers avoid double taxation…
Business & Economy
Personal income tax comes into effect in Oman from January 1, 2028
Oman’s first Personal Income Tax Law, which will affect only 1 per cent of its high-earning population, will…
Business & Economy
Saudi Arabia announces new credit card rules
The updated regulations will be for credit card issuance and operation, targeting cost reduction for customers whilst increasing…