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5 Fresh Middle East Business & Finance News — 12 August 2026

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These are the latest business, finance, investment, infrastructure, and technology developments across Saudi Arabia, UAE, Dubai, and the GCC on 12 August 2026. 1. Gulf Markets Retreat as US-Iran Deal Prospects Weaken Investors monitor Hormuz shipping risks and energy markets Gulf stock markets declined after hopes for a breakthrough in US-Iran negotiations faded. Saudi Arabia’s […]

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Riyadh Prepares for Major Fintech and AI Investor Networking Events

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LEAP 2026 and Money20/20 Middle East expected to attract thousands of business leaders Riyadh is preparing for two of the region’s largest technology and fintech networking events: LEAP 2026 and Money20/20 Middle East. The events are expected to bring together startups, venture capital funds, banks, regulators, technology companies, and institutional investors through investor lounges, matchmaking

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Dubai InterCouncil Networking Event Highlights Cross-Border Business Collaboration

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Chambers and business councils focus on strategic professional connections A major InterCouncil Networking initiative involving business councils and international chambers in Dubai is emphasizing cross-border collaboration between entrepreneurs, corporate executives, investors, and industry leaders. Organizers described the event as a platform for building strategic partnerships, generating new business opportunities, and strengthening professional relationships across multiple

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Saudi Fintech Partnerships Continue Accelerating Digital Payments Growth

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New collaboration targets wider merchant and SME adoption MoneyHash has partnered with Azm Fintech to expand access to digital payment infrastructure across Saudi Arabia. The collaboration is aimed at helping businesses, fintech platforms, and SMEs integrate payment services more efficiently and support the Kingdom’s rapidly growing digital commerce ecosystem. The partnership reflects increasing cooperation between

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Dubai Business Networking Calendar Expands Ahead of September Growth Season

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Major founder, investor, and executive networking events gain momentum Dubai’s business events ecosystem is preparing for a busy late-2026 networking season, with Arab Startup Expo, Business Summit 2026, and multiple founder-investor networking events scheduled across the city. The events are designed to connect entrepreneurs, investors, marketers, corporate leaders, and technology professionals through matchmaking sessions, workshops,

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Saudi Arabia Leads MENA Startup Investment Activity in July 2026

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Riyadh strengthens its position as a regional founder and investor hub Saudi Arabia became the top-funded startup market in the MENA region during July 2026, with regional startups raising $172.6 million across 45 deals. The increase reflects stronger investor confidence and growing activity in fintech, gaming, healthcare, and enterprise technology sectors. The trend is helping

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Gulf Banking Sector Benefits from Strong Capital and Diversified Revenues

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Analysts expect GCC banks to remain resilient Major banks across Saudi Arabia, the UAE, Qatar, and Bahrain are expected to remain resilient due to strong capital positions, healthy liquidity levels, government infrastructure spending, and diversified revenue streams. Regional banking analysts continue to view the GCC financial sector as well-positioned to withstand global economic uncertainty while

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UAE Expands Its Global Logistics and Infrastructure Influence

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Ports, trade corridors, and strategic investments continue growing The UAE continues strengthening its international logistics and infrastructure network through investments in ports, trade corridors, energy projects, agriculture, and mining operations across multiple regions. Financial Times reporting highlights the growing role of UAE-linked companies such as DP World and International Holding Company (IHC) in supporting the

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Saudi Arabia Prioritizes Tourism, Industry, AI, and Logistics Investment

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Vision 2030 spending focuses on higher-return sectors Saudi Arabia is increasingly directing Vision 2030 investment toward sectors expected to deliver stronger economic returns, including tourism, industry, artificial intelligence, and logistics. Reuters analysis indicates that the Kingdom is emphasizing projects that can accelerate non-oil growth, attract foreign investment, and support long-term economic diversification through the Public

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Dubai’s DIFC Continues Rapid Expansion in Wealth and Asset Management

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New company registrations surge across financial services Dubai International Financial Centre continues to report strong momentum in wealth management, asset management, banking, and capital markets. Reuters reported that active registered companies at DIFC have exceeded 10,000, with wealth and asset management firms growing 35% year-on-year and 1,506 companies joining during the first half of 2026.

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