Business News in United Arab Emirates

4 Accounting Challenges UAE Businesses Can’t Ignore

Here's how UAE small businesses can address accounting challenges, adapt to changing tax and e-invoicing requirements, and build more consistent financial processes.

Standard Chartered offers RLUSD custody in Dubai and plans LMAX collateral link

Are You Rebalancing Your Portfolio for a Good Reason?

Inflation, volatile markets and news from the Middle East have many feeling the need to make changes, but acting on impulse is unlikely to lead to success.

Global diesel shortage: why Gulf refined fuel exports lag crude oil shipments

Global diesel prices remain near record highs as Gulf producers struggle to restore refined-fuel exports, despite a recovery in crude shipments and pledges by more countries to ...

‘The prospectus looks impressive’: My financial adviser wants me to invest $350,000 in a UAE data center. Is this risky?

“I’m in my 60s, recently retired and living my best life.”

Kraken Eyes UAE Expansion as Payward Secures Full Approval

TLDR Payward secures full Dubai regulatory approval, clearing the way for Kraken’s UAE market launch. Kraken plans to introduce AED trading pairs, direct dirham deposits, and wi...

Gibraltar and ADI Foundation Explore Landmark Multi-Currency Stablecoin Consortium in Gibraltar

Initiating discussions around establishing fully reserved sterling, US dollar and Euro-referenced digital currencies on ADI Chain, creating new infrastructure for regulated glob...

GTCFX-PR 5-GTCPrime Signs Off From iFX Expo Hong Kong 2026 After Two Days of Insight and Connection

DUBAI, United Arab Emirates, Oct. 12, 2026 (GLOBE NEWSWIRE) — GTCPrime has closed out its participation as Gold Sponsor at iFX Expo Hong Kong 2026, held on October 8-9 at the Ho...

flydubai passengers plan class-action suit seeking millions in damages after co-pilot attack: report

The suit will reportedly target the airline alongside the transportation ministries of both Israel and the United Arab Emirates (UAE).

SoftBank’s Son Seeks $100 Billion From Gulf Investors for AI Bets

SoftBank Group CEO Masayoshi Son is looking to raise up to $100 billion from Gulf investors to finance his AI investments, The Financial Times reported. Son has held fundraising...

SIM-Swap Fraudster Who Spent Stolen Crypto on Gold Grills and Dubai Trips Jailed

Ajay Shinjin helped steal nearly $265,000 in crypto after criminals hijacked BT customers' phone numbers in November 2021.

SoftBank seeks $100 billion from Gulf states for AI, FT says

Founder Masayoshi Son has held early talks with potential investors including those in the United Arab Emirates, the newspaper said.

AI export growth will offset trade disruptions this year, WTO says

Global trade in goods is expected to grow by 3.9% this year, The World Trade Organization said Thursday, as conflict-fueled disruptions in the Middle East are more than offset b...

WTO raises merchandise trade growth forecast to 3.9% as AI boom offsets hit from Middle East

The World Trade Organization is sharply increasing its forecast for merchandise trade growth worldwide this year, more than doubling its earlier prediction.

Sam Altman-Backed Meanwhile Raises $37.5M as Families Across Asia, Europe and the Middle East Turn to Bitcoin Life Insurance

Existing investors, led by Bain Capital Crypto, back the first licensed Bitcoin life insurer after its single-premium policy for international clients drives a record year HAMIL...

Brent crude jumps over 4% as Middle East tensions flare, while share prices retreat

The price of Brent crude oil jumped more than 4 per cent on Thursday as rising tensions in the Middle East added to uncertainties over supplies.

Mini scandal clouds Dubai's Michelin Guide

The latest Michelin Guide awarded stars or distinctions to 11 restaurants that have temporarily or permanently closed because of the war.

Dubai-based firm DP World to double Luanda port capacity

The expansion will lengthen the quay and add 15 cranes, allowing the terminal to handle two large container ships at once and cut turnaround times.

Bhutan’s DK Bank gets ADGM in-principle approval for Abu Dhabi expansion

Bhutan’s DK Bank has received In-Principle Approval from ADGM’s Financial Services Regulatory Authority to establish a regulated subsidiary in Abu Dhabi. The approval gives the ...

Resilient Middle East Oil Trade Learns to Live With War

Producers and buyers have adapted to absorb the risk of attacks on shipping.