UAE Residents Opting for Longer Saving Deposits: A Growing Banking Trend
UAE Residents Opting for Longer Saving Deposits Amid Declining Interest Rates UAE residents are turning to longer-term saving deposits as interest rates in the country are expected to drop this…
Air Arabia Shareholders Approve 25% Dividend Distribution
Air Arabia Shareholders Approve 25% Dividend Distribution Air Arabia Reports Strong Financial Performance in 2024 Air Arabia shareholders approved a 25% cash dividend for 2024 at the Annual General Meeting.…
ADIA Expands US AI Investments as Abu Dhabi Sovereign Fund Ramps Up Strategy
ADIA Expands AI Investments in US Life Sciences ADIA :Lila Sciences Secures Funding for AI and Autonomous Labs The Abu Dhabi Investment Authority (ADIA) increases its AI investments by joining…
Last Chance to Update UAE Corporate Tax Records!
UAE Corporate Tax: Last Chance to Update Tax Records Before Deadline The UAE’s Federal Tax Authority (FTA) has issued a final reminder to businesses. The grace period for updating UAE…
Abu Dhabi’s Multiply Group Unveils Strategic Growth Plan for 2025
Abu Dhabi’s Multiply Group Accelerates Growth with Key Acquisitions and Strong Financial Performance Strategic Expansion in 2024 Abu Dhabi’s Multiply Group strengthened its market position with three major acquisitions in…
Binance Secures $2 Billion Crypto Investment from Abu Dhabi-Backed Investor
Binance Secures $2 Billion Investment from Abu Dhabi-Backed MGX Binance’s First Institutional Investment Marks a Major Milestone Abu Dhabi-backed MGX invested $2 billion in Binance, marking its first institutional investment.…
Big Money Moves: Credit Giants Expand in UAE and GCC
Credit Giants Expand in UAE, Plan Growth Across GCC The United Arab Emirates (UAE) is attracting top private credit giants, reshaping the region’s financial sector. Global firms like Nuveen and…
HSBC Expands Investments to Lead MENAT Wealth & Capital Markets
HSBC Expands Investments to Dominate MENAT Wealth and Capital Markets CEO Highlights Strategic Growth Plans Selim Kervanci, HSBC MENAT CEO, emphasizes the Middle East’s importance for future investments. As part…
Kuwait Oil Price Drops Amid Global Market Uncertainty
Kuwait oil price fell by $1.18, settling at $73.02 per barrel. In contrast, Brent crude rose by 16 cents to $69.46 per barrel, and West Texas Intermediate (WTI) increased by…
UAE & Saudi Lead $25B Sustainable Bond Boom in 2025
UAE and Saudi Arabia to Lead $25 Billion Sustainable Bond Issuance in 2025 The Middle East is set to see a major rise in sustainable bond issuance in 2025. Experts…