Sandrine Zimra

Turkish digital asset platform Paribu announced on Friday that it has acquired a majority stake in Bahrain- and Dubai-based cryptocurrency exchange CoinMENA, in a transaction valuing the company at up to 240 million dollars. 

The Dubai Chamber of Commerce has announced the creation of the Cyprus Business Council, a new platform designed to strengthen trade, investment, and business cooperation between Dubai and Cyprus.

Saudi Arabia approved its 2026 national budget on Tuesday, projecting a deficit of 44.1 billion dollars, as the Kingdom continues to invest heavily in its long-term economic transformation and reduce its dependence on oil revenues.

Saudi Arabia wants to attract a greater number of Japanese companies as the kingdom accelerates efforts to draw foreign investment and support its broad economic diversification agenda, the head of its sovereign wealth fund said on Monday.

AD Ports Group, the UAE’s leading ports, logistics and trade-facilitation company, has announced the sale of its 9.77% stake in NMDC Group PJSC to Alpha Dhabi Holding for AED 1.6 billion (US$436 million).

The Abu Dhabi Chamber of Commerce and Industry, in partnership with the Serbian Chamber of Commerce and Industry, hosted the Abu Dhabi–Serbia Business Forum as part of ongoing efforts to position the emirate as a leading global hub for trade and investment.

Ras Al Khaimah has once again earned international confidence in its economic model, with Standard & Poor’s (S&P) Global reaffirming the Emirate’s credit rating at “A/A-1” with a stable outlook. 

Indian-origin steel tycoon Lakshmi N. Mittal, long considered one of Britain’s wealthiest residents, is reportedly preparing to shift his base away from the UK as Prime Minister Keir Starmer’s Labour government moves ahead with new tax measures targeting the super-rich, The Sunday Times reported.

Qatar’s sovereign wealth fund, the Qatar Investment Authority (QIA), is revising plans to overhaul HSBC’s 45-storey headquarters in London’s Canary Wharf, as a global rebound in office demand encourages companies to bring staff back on-site, two sources told Reuters.

Nasdaq Dubai has listed a new US$500 million Sukuk issued by ICDPS Sukuk Limited and guaranteed by the Islamic Corporation for the Development of the Private Sector (ICD), the private-sector arm of the Islamic Development Bank Group.

The Economist Intelligence, in its latest report “Middle East Outlook 2026”, anticipates an economic rebound across much of the region—provided a fragile calm holds after years of geopolitical volatility, conflict, and energy market disruptions.

Low-cost carrier Flydubai announced on Tuesday a landmark order for 150 Airbus A321neo aircraft, surpassing the size of its current fleet and marking the airline’s first-ever purchase from the European manufacturer.