Gallagher, the global insurance brokerage, risk management and consulting firm, has strengthened its commitment to Saudi Arabia through the purchase of a majority share of ACE Re Gallagher Arabia Reinsurance Brokers.
The GCC Financial Markets Committee has announced the launch of the GCC Unified Investor Number (GCC-NIN) initiative, a major regional framework designed to boost connectivity and interoperability across Gulf capital markets, a Gulf Daily News report said.
Oman is seeking to strengthen its position as a destination for international investment, supported by an investment-grade credit rating, economic reforms and regulatory frameworks aligned with international standards. A key element of that strategy is the International Financial Centre of Oman (IFC Oman).
Blue Owl Capital, an American alternative investment asset management company, has announced the opening of its new office at ADGM in Abu Dhabi. With this move, Blue Owl aims to strengthen its global footprint, underscoring its long-term commitment to the Middle East and focus on best supporting clients in the region.
Saudi Arabia's real GDP grew by 3.0% in the first quarter of 2026 compared with the same quarter of 2025, supported by growth in both oil and non-oil activities.
KPMG International has launched a set of AI Governance Principles for Boards, developed in collaboration with the INSEAD Corporate Governance Centre, to foster responsible governance of AI at board level, as organisations and their boards grapple with AI’s implications for strategy, operations and the board itself.
Most Gulf Cooperation Council (GCC) sovereigns remain supported by strong balance sheets and alternative export channels despite the economic and geopolitical fallout from the US-Iran war, which has prompted Fitch Ratings to revise its 2026 global sovereign sector outlook to “deteriorating” from “neutral.”
The disruption to shipping through Strait of Hormuz is not just energy shock, but a whole economy story; and while direct damage to energy infrastructure exceeds $60 billion, lost revenue and trade loss will be above $150 billion, Crescent Petroleum CEO has said.
Gulf Capital, a leading private equity firm in the region, has entered into a deal with Karthik and Sneha Polsani, the founders of Eclat Health Solutions, for its successful exit from the company. For Gulf Capital and its Fund III investors, the exit represents one of the most successful realisations in the firm’s history.
Invest Qatar, the country’s Investment Promotion Agency, has concluded a high-level roadshow in Istanbul, Türkiye, showcasing Qatar’s diverse investment opportunities and strengthening engagement with Turkish investors and key business stakeholders.
