World Bank report lauds Oman's strong economic performance
The World Bank's 2024 Gulf Economic Update report highlighted that the Sultanate of Oman has achieved significant positive fiscal and…
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Oman to introduce 5% income tax on high earners from 2028
Oman will implement a 5% income tax on individuals with annual earnings exceeding RO42,000 starting January 2028, marking a milestone…
UAE will attract more millionaires as Emirates remains safest country despite regional war
The UAE will continue to attract high net-worth individuals despite the regional Israel-Iran war as the Emirates is still the…
Union Insurance reduces capital by 30.5% to offset accumulated losses
Union Insurance Company reduced its capital by 30.50% from AED 330.93 million to AED 230 million to offset accumulated losses…
Qatar-based GAB becomes the first accreditation body from the MENA region to sign APAC's MRA for GHG Accreditation
Continuing its commitment to supporting global and regional climate initiatives, Qatar-based Global Accreditation Bureau (GAB) has officially become a Mutual…
UAE employees outpace EMEA peers in cyber confidence and readiness, new Cohesity study reveals
Employees are willing to act - but fear of blame and unclear protocols still hold them back With national cybersecurity…
Hawksford shows commitment to UAE market through DMCC agreement
Global service provider Hawksford has further strengthened its proposition in the UAE market, having been officially appointed as an international…
First Abu Dhabi Bank becomes First MENA Bank to join CIPS as direct participant
First Abu Dhabi Bank (FAB), the UAE’s global bank and one of the world’s largest and safest financial institutions, has…
World’s largest password leak exposes 16 billion credentials
A record-shattering password leak has surfaced, exposing over 16 billion login credentials in what cybersecurity researchers are calling the largest…
UAE’s central bank maintains base rate at 4.40%
The Central Bank of the UAE thas announced its decision to maintain the base rate applicable to its overnight deposit…
How AI and microtools are empowering the next generation of Saudi entrepreneurs
Digitalization has reshaped how entrepreneurs get started — particularly in the early stages. Increasingly, small businesses are launching via platforms…
UBS GWM names new Dubai-based NRI head
UBS Global Wealth Management will appoint a new head to lead its non-resident Indian (NRI) business, based in Dubai, Citywire…