Business & Economy
Eshraq confirms subscription to SHUAA Capital MCBs worth $13.6mn
Eshraq Investments will invest AED50 million ($13.61 million) in SHUAA Capital’s Mandatory Convertible Bonds (MCBs) offering. Eshraq announced…
Category: Business & Economy
Explore digital business news, economic trends, and startup updates from Dubai, UAE, and the Middle East on The Nation Middle East.
UAE News
‘Magnet for hedge funds’, the UAE could change the $4.5tr global industry
A new research on the hedge fund industry has praised the effect Dubai and Abu Dhabi are having…
Technology & AI
Saudi Arabia’s Gulf Islamic Investments aims to double $750mn US portfolio in four years
Gulf Islamic Investments group (GII), a leading global alternative investment company, plans a significant expansion of its US…
Technology & AI
Hassana acquires 40% stake in Saudi bottled water giant Berain
Hassana Investment Company (Hassana), the investment manager of the Saudi General Organisation for Social Insurance (GOSI), said it…
Technology & AI
Waha Capital shareholders approve 2024 dividend and CSR initiative
Waha Capital shareholders approved a cash dividend of 10 fils per share during the company’s Annual General Meeting…
Government & Policy
UAE Corporate Tax guide 2025: Deadlines, fines, thresholds and rules explained
The Federal Tax Authority (FTA) has intensified its awareness efforts to raise awareness of the need for natural…
Business & Economy
Hubpay launches innovative payroll solution to simplify global payments for UAE businesses
With an increasing number of businesses in the UAE operating across borders and employing international talent, the platform’s…
Technology & AI
Central Africa at a crossroads amid rising tensions and instability
With violence worsening in both the Lake Chad Basin and the Great Lakes, the Security Council met on…
Government & Policy
Abu Dhabi’s ADQ to partner ECP in $25bn investment in the US energy infrastructure
ADQ (formerly Abu Dhabi Developmental Holding Company), the Abu Dhabi-based sovereign investment company, will partner with the New…
Aviation & Logistics
Lunate partners with BNY, SS&C to support UAE’s Ghaf Benefits end-of-service scheme
The service providers with which Lunate will collaborate include BNY, the world’s largest custodian overseeing more than $50…