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…

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…

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…

UAE corporate tax registrations rise after penalty waiver

The initiative applies to Taxable Persons and certain categories of Exempt Persons required to…

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