The ocean economy is valued at $2.6 trillion, making it the world’s fifth-largest economy if considered a country, said a new report, adding that the sector had doubled in real terms over the past 25 years, with gross value added rising from $1.3 trillion in 1995 to $2.6 trillion in 2020.
Alfred Holdings, the UAE-based investment group behind InsuranceMarket.ae, has launched CreditMarket.ae and HolidayMarket.ae, expanding its portfolio into financial services and travel.
Patrizia, a leading European real estate and infrastructure investment manager, has appointed Hassan Awada as the senior executive officer for Middle East and North Africa region. Awada brings over 20 years of experience advising institutional investors across the full investment lifecycle.
The 1st Al Ain Future Business Forum provides a platform to exchange expertise, explore avenues for collaboration and build high-impact partnerships.
Stablecoins, digital payments, central bank digital currencies and tokenisation are reshaping the future of finance and raising important questions for regulators and policymakers, according to the International Monetary Fund (IMF).
Bahrain Development Bank (BDB) has announced the establishment of an AI Committee to guide the strategic and responsible adoption of Artificial Intelligence across the bank. The move is aimed at enhancing team productivity, and boost operational efficiency.
The Central Bank of the UAE has announced it has been decided to prohibit all branches of Bank Melli Iran operating in the UAE from conducting any financial transactions to and from Iran, including trade finance and fund transfers.
An outcome paper setting out how stronger financial structures can help scale sustainable ocean solutions and support global growth and resilience has been published.
DMCC, the leading international business district that drives the flow of global trade through Dubai, has formally established its new Foundations Regulations.
The global offshore energy insurance market remained challenging in 2025, with premium growth largely reflecting currency movements and changes in business mix rather than underlying market expansion, according to the International Union of Marine Insurance (IUMI).
