Business & Investments

ADNIC shareholders approve cash dividends of 47% at the Annual General Meeting

  • All agenda items were approved by shareholders, including distribution of a cash dividend of AED 0.47 per share.

Abu Dhabi, 12 March 2026: Abu Dhabi National Insurance Company (ADNIC), one of the leading regional multi-line insurance providers for corporates and individuals, has approved the distribution of 47% cash dividends (AED 0.47 per share, implying total cash dividends of AED 267.9 million) for the financial year ended 31 December 2025, after concluding its Annual General Meeting (AGM) today.

Sheikh Mohamed Bin Saif Al-Nahyan, Chairman of ADNIC, said: “ADNIC delivered another year of strong performance in 2025, reflecting the resilience of our business model and disciplined growth strategy. Our results highlight our ability to create sustainable value while maintaining financial strength.

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Business & Investments, Technologies

Paymentology and Liabify Partner to Advance Embedded Finance and   Financial Wellness Across the GCC

Dubai, UAE – 12 March 2026 — Paymentology, the leading global issuer processor, today announced a strategic partnership with Liabify, a financial wellness platform focused on payroll-linked financial services. Together, the companies aim to expand access to responsible credit, earned wage access, and everyday financial tools for middle-income and expatriate workers across the GCC and other emerging markets.

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Technologies

Alteryx Accelerates its Next Phase of Growth with AI-Ready Data and Automation at Enterprise Scale

Dubai UAE — March 12, 2026– Alteryx, Inc., a leading AI-ready data and analytics company, has announced its next phase of growth, surpassing $1 billion in ARR and powering more than 380 million automated workflows annually. As enterprises shift from AI experimentation to full-scale execution, demand for trusted automation and AI-ready data has never been higher. With Alteryx One, organizations are operationalizing AI responsibly and accelerating enterprise-scale decision-making.

Enterprises continue to invest heavily in AI, with 89% planning to maintain or increase spending in 2026, as generative and agentic AI technologies promise a transformative impact. Yet trust remains a critical barrier: 28% of organizations report limited or no confidence in the accuracy and quality of their data. In the UAE alone, 94% of data leaders say they lack complete visibility into AI decision-making processes. Reliable data and repeatable workflows have become the foundation for operationalizing AI successfully.

Andy MacMillan, Global CEO of Alteryx

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Featured

M. P. Ahammad, Chairman of Malabar Group, Conferred Business Bhushan Award 2026 by Maharashtra CM Devendra Fadnavis

Mr. M.P. Ahammad, Chairman, Malabar Group, has been honoured with the prestigious Business Bhushan Award at the Lokmat Maharashtrian of the Year Awards 2026, in recognition of his visionary leadership and pivotal role in transforming the global jewellery retail landscape and society at large.

Deputy CM Maharashtra-Eknath Shinde, Chairman-M.P. Ahammad, Malabar Group, CM Maharashtra-Devendra Fadnavis, MD-India, Asher O, Malabar Gold & Diamonds

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Technologies

WSO2 Names a New CMO to Drive Global Growth of its Agentic Enterprise Platform

Platform portfolio enables enterprises to deploy AI capabilities that are secure, observable, manageable, and sovereign

Dubai, UAE – March 2026 – WSO2 today announced its portfolio focused on supporting the agentic enterprise. With this, they address the need from organizations for manageable, secure, observable, and sovereign deployment of AI capabilities. With the appointment of Thibaut Rouffineau as Chief Marketing Officer, they intend to accelerate their go-to-market efforts across its core industries: banking and financial services, telecommunications, government, and healthcare.

Thibaut Roffineau

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