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Latest Business News

Dubai Founders HQ, Mastercard and Pemo launch finance solution to support startups and SMEs

New initiative offers founders access to cashback, automated expense management and financial…

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Emirates NBD to acquire HSBC Egypt’s retail banking business

Transaction will add HSBC Egypt's retail portfolio, branches, ATMs and customer base…

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Federal Tax Authority, Dubai Police seize 3.5 million non-compliant excise goods packages

Joint inspections uncover AED82 million in tax liabilities and penalties as authorities…

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TAQA issues $750 million Blue Bond to fund sustainable water projects

Landmark transaction becomes largest Blue Bond issued by an integrated power and…

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TECOM Group reports 9% net profit growth in first half of 2026 to AED805 million

Revenue exceeds AED1.5 billion as occupancy rises to 97%, prompting AED440 million…

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AED13.5 billion in loans receive repayment deferrals under UAE support package

More than 135,000 customers benefit from Central Bank measures as banking sector…

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Elon Musk dismisses report of Tesla’s potential China business sale

A merger between Musk's Tesla and SpaceX would raise geopolitical and regulatory…

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DFM net profit before tax amounts to AED443.2 million as trading activity increases 40.4% in H1 2026

DFM’s total consolidated revenue reached AED557 million during the first half of…

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Treasury Sukuk and Bonds auctions attract AED4.83 billion in bids

AED1.1 billion issuance oversubscribed 4.4 times as investor demand reflects confidence in…

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