GFH, a leading Islamic investment bank, has announced that it has sealed a strategic agreement with Octo Management Consultancies to collaborate on the development of a $300 million logistics and industrial real estate platform across the UAE and the Kingdom of Saudi Arabia.
International Renewable Energy Agency (Irena) has signed a partnership agreement with UAE export credit agency Etihad Credit Insurance (ECI) to support energy transition financing. ECI will provide credit insurance and risk mitigation solutions across 110 countries to complement ETAF initiatives.
Qatar Airways continues to increase its capacity between Qatar and UAE by gradually expanding frequencies between Hamad International Airport (DOH) and Dubai International Airport (DXB) from two to five daily services.
The UAE's $1.4 trillion investment programme in the United States is progressing ahead of schedule, with officials highlighting advances in AI infrastructure, energy projects and manufacturing investments during talks in Washington this week.
Sukoon Insurance, one of the leading insurance providers in UAE, has announced that it has officially received its mainland fund administrator licence from the country's Capital Market Authority, thus establishing Sukoon Workplace Savings Solutions Fund Administrator.
The Middle East recorded sustained merger and acquisition (M&A) activity in the first quarter with 196 deals valued at $23.3 billion being announced compared to 207 deals worth $31.3 billion last year. UAE accounted for 33 transactions valued at $2.2 billion, down from 52 deals in Q1 2025, said a report.
CargoX, an autonomous delivery platform based in UAE, said it has raised $250 million from an investor group, led by BlueFive Capital. The funding is mainly aimed at supporting the expansion of CargoX’s autonomous logistics network across the UAE and international markets.
Citi has appointed Rajeev Garg as the new Head of Wealth for Citibank N.A., UAE, effective June 18, 2026.
Leading UAE developer Arada has begun the pre-launch phase at 100 Avenue Road, a new residential development in North West London. Set for completion in Q4 2028, the 172-storey apartment building features a mix of studios to three bed-room apartments along with premium amenities.
The UAE has announced the launch of its first sovereign retail sukuk programme, offering individual investors access to government-backed Islamic investment instruments through a public subscription process. The sukuk will be offered through an IPO-style subscription framework.
