DMCC has unveiled a targeted acceleration initiative designed to cut operating costs, improve cash flow and sustain growth across its community of over 26,000 companies. The package includes a suite of financial incentives, fee waivers and regulatory flexibilities aimed at boosting resilience.
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.
Dubai World Trade Centre (DWTC) Free Zone has entered into a strategic collaboration with DHL Express, the leading international logistics provider, to build a robust ecosystem that enables small and medium-sized enterprises (SMEs) to grow, scale, and compete globally.
Allied World Assurance Company Holdings, a global provider of insurance and reinsurance solutions, has opened a new regional office in Dubai International Financial Centre (DIFC). This local presence will allow Allied World to offer its insurance expertise directly to clients across the Middle East.
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.
US President Donald Trump has signed a proclamation amending his national security tariffs on some aluminum, steel and copper imports, effective until December 31, 2027. It lowers tariffs on some steel and aluminum derivative products, including certain types of residential HVAC equipment.
Bahrain Mumtalakat Holding Company (Mumtalakat), the sovereign wealth fund of the Kingdom of Bahrain, and TRAIL, the French investment company, have announced a strategic partnership under which Mumtalakat will be an investor in SLAM, the first private equity fund dedicated to the Sport, Luxury, Arts and Music sectors.
DP World, the global trade enabler, has announced that it will jointly invest, along with the Government of the Dominican Republic, an additional $100 million to expand logistics and warehousing infrastructure at the DP World Free Trade Zone (FTZ) in Caucedo.
A delegation from the Bahrain Economic Development Board (Bahrain EDB), led by Noor bint Ali Alkhulaif, Minister of Sustainable Development and Chief Executive of Bahrain EDB, has kicked off its five-day visit to Europe.
INNIO Group, a leading global distributed energy solutions provider, has said that it is targeting a valuation of up to $20.25 billion in its US initial public offering, as it looks to tap investor appetite for companies powering the AI boom.
