Business & Investments

DIFC Announces Consultation on amended DIFC Arbitration Law

Dubai, UAE; 11 June 2026: Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa and South Asia (MEASA) region, is proposing amendments to its DIFC Arbitration Law. Developed in close cooperation with the DIFC Courts and leading practitioners, the proposed amendments seek to introduce substantive changes that significantly modernise the DIFC arbitration framework in line with current common law practice.

Jacques Visser, Chief Legal Officer at DIFC Authority, said: “DIFC is pleased to launch a public consultation on proposed amendments to the Arbitration Law, introducing significant reforms including enhanced tribunal powers, summary determination, security for costs, emergency arbitrator enforcement, and a new mediation framework, further strengthening efficiency and reinforcing the DIFC’s position as a leading international arbitration hub.”

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Business & Investments

UAE’s Future in Finance: Graduation of Third Pioneer Cohort

Capital Market Authority, Sandooq Al Watan and ADGM Academy, Celebrate Graduation of Third Cohort of Financial Market Pioneers Programme

Abu Dhabi, UAE, 11th June 2026: ADGM Academy (ADGMA), the knowledge arm of Abu Dhabi’s international financial centre, ADGM, in collaboration with the UAE Capital Market Authority (CMA) and Sandooq Al Watan, celebrated the graduation of the third cohort of the Financial Market Pioneers Programme.

This programme represents a flagship national initiative, designed to prepare young UAE Nationals with specialised financial market knowledge, practical exposure and professional capabilities to contribute to the continued development of the UAE’s capital markets. It reflects a shared commitment by Capital Market Authority, Sandooq Al Watan and ADGM Academy to advancing youth empowerment, human capital development and economic diversification while supporting the UAE’s position as a leading regional and global financial hub.

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Featured

Abu Dhabi’s Water and Energy Resilience Framework Explained

Abu Dhabi, 12 June 2026: The Abu Dhabi Department of Energy hosted the third edition of the Water and Energy Majlis under the theme “From National Readiness to Smart Resilience.” The Majlis is a flagship Department of Energy initiative that supports sustainable and impactful growth across the water and energy sectors. This year’s edition was held under the umbrella of Abu Dhabi Water & Power Week, scheduled for the final quarter of the year.

The event also marked the official launch of the Abu Dhabi Water and Energy Resilience Framework, developed by the Department of Energy. The newly introduced framework was the focus of a high-level discussion between H.E. Dr. Amna bint Abdullah Al Dahak, UAE Minister of Climate Change and Environment, and H.E. Dr. Abdulla Ahmed Al Mandous, President of the World Meteorological Organization and Director General of the National Center of Meteorology. The discussion was moderated by H.E. Dr. Abdulla Humaid Al Jarwan, Chairman of the Abu Dhabi Department of Energy.

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Business & Investments

The $40.9 Billion Impact of the World Cup on Economies

The $40.9 Billion World Cup Effect: How Football Fuels Economic GrowthJosh Gilbert, Lead Analyst, Middle East at eToro

Abu Dhabi, United Arab Emirates – June 11, 2026

The 2026 World Cup arrives with a record eight Arab nations on the team sheet. Saudi Arabia, Qatar, Jordan, Morocco, Tunisia, Egypt, Algeria and Iraq. That is double the previous record set in 2018 and the strongest Arab representation the tournament has ever seen. Jordan qualifies for the first time, while Iraq returns after 40 years away. 

The scale of a modern tournament is enormous. Organisers, drawing on an Oxford Economics study, estimate it could add up to USD$40.9 billion to global GDP and draw 6.5 million attendees across the US, Canada and Mexico. Whether the final numbers match the projections is another question. Host city hotel bookings have been tracking below early expectations, while ticket, travel and accommodation costs have become a sticking point for some travelling supporters. 

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Technologies

AI Governance Insights: Middle East Boards at the Forefront

Middle East Boards Lead Globally on AI Governance, but Skills and Expertise Gaps Remain, New Board Intelligence Index Reveals

  • 42% of Middle East directors view their board as an essential tool for value creation, the highest proportion among regions surveyed
  • 58% of boards are actively reviewing which decisions should remain human-led versus AI-led, with the remainder already having discussed it at board level, ahead of all other regions
  • 86% say their board enables innovation, the highest level across all regions
  • Skills and expertise are the region’s biggest boardroom challenge, with 80% of Middle East directors reporting that this issue has led to a delayed, rushed, or poor board decision in the past six months

H.E. Raja Al Mazrouei

Dubai, United Arab Emirates – 11 June 2026 – Boards across the Middle East are emerging as the most forward-looking and technology-focused globally, according to new research from Board Intelligence, EMEA’s largest board technology and advisory firm.

Pippa Begg, CEO of Board Intelligence

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