The UAE Ministry of Finance (MoF), in its capacity as issuer and in collaboration with the Central Bank of the UAE (CBUAE) as issuing and payment agent, has launched the first-ever 7-year tranche of UAE dirham-denominated Islamic Treasury Sukuk (T-Sukuk) valued at AED550 million.
Three Gulf states — Bahrain, Qatar and the United Arab Emirates — have reaffirmed their solidarity with Kuwait following Iraq’s submission of maritime coordinates and maps to the United Nations, which they say infringe on Kuwait’s sovereign rights.
EDGE Group, an UAE-based defence company, and Safran Electronics & Defence, an international technology group, have signed an agreement to jointly explore the development, production and commercialisation of advanced air-to-ground weapon systems.
The UAE topped the list of Oman’s trading partners last year in non-oil exports - including chemicals, metals and machinery - as well as re-export activities, and merchandise imports, said a report. Other prominent trading partners included Saudi Arabia, India, China, Iran and UK.
The UAE has announced a further $1.2 billion for supporting Gaza through the Board of Peace.
Etihad Rail, the developer of UAE’s national rail network, has kicked off a key awareness campaign designed to encourage logistics providers, manufacturers and heavy industry to shift long-haul freight from road to rail. This comes as the UAE’s industrial and logistics sectors enter a new phase of growth.
The total value of non-oil exports (national origin) from Bahrain surged by 5% to hit BD1.1 billion ($2.9 billion) in Q4 2025 when compared to the previous year's figure of BD1 billion ($2.75 billion). The Kingdom of Saudi Arabia topped the non-oil exports list followed by UAE and the US, said a report.
GFH Financial Group (GFH) has announced that it has completed the acquisition of a majority stake in Byrne Equipment Rental, one of the GCC’s leading industrial services and equipment rental providers with an investment and capex programme valued at approximately $400 million.
PwC Middle East has appointed Khaled Ahmed Bin Braik as Country Senior Partner for the United Arab Emirates, effective April 1, 2026, marking an important step in strengthening the firm’s leadership as it supports the country’s long-term growth and ambition.
Moon World Resorts, a Canadian-based design studio, has announced the debut of MOON’s revolutionary Smart City masterplan. The masterplan combines a unique integrated destination resort, luxury living, authentic space tourism, wellness + longevity and environmental innovation.
