Business & Economy

Abu Dhabi fines 23 entities $166,000 over tax rules

Abu Dhabi has fines 23 entities over violations of tax rules in the UAE. The Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market...

Dubai’s Invictus acquires majority stake in Angolan fertiliser company

Dubai-headquartered Invictus Investment Company is strengthening its position in Africa and making its third major acquisition in the continent when it signed an agreement...

‘Agentic AI’ takes over credit sanctions role as UAE banks make major strides in digital banking

‘Agentic AI’ is fast making major inroads into the UAE banking sector – moving beyond chatbots to autonomous decision-making in credit and customer experience...

Worldpay sees surge in real-time payments and digital wallets as regulatory reforms reshape UAE landscape

Speaking to Arabian Business on the sidelines of Seamless Middle East 2025, Tausif Ahmed, Merchant Country Leader for MENA at Worldpay, said the country’s...

Bahrain’s Investcorp sells entire stake in Indian retailer Citykart

Investcorp, a Bahrain-based leading global alternative investment firm, announced the sale of its entire stake in Citykart, one of India’s fastest-growing value retailers focused...

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