Category Archives: Business & Investments

Business & Investments

Globalpharma Inks 4 Strategic MoUs during ‘Make it in the Emirates 2025’ to Boost Pharma Localization and Innovation in the UAE

“These partnerships are enhancing the country’s position as a global hub for high-quality, future-ready healthcare solutions” – Dr. Thani Al Zeyoudi

Abu Dhabi, UAE – 22nd May 2025 – Globalpharma, the UAE’s leading pharmaceutical manufacturer and a wholly owned subsidiary of Dubai Investments PJSC, has signed 4 strategic Memorandums of Understanding (MoUs) during the Make it in the Emirates Forum 2025. The agreements reinforce the UAE’s position as a regional hub for pharmaceutical innovation, localization, and advanced healthcare manufacturing.

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Business & Investments

SICO’s Fixed Income Strategy Wins Best MENA Fixed Income Fund Strategy

SICO BSC (c), a leading regional asset manager, broker, and investment bank, with direct presence in Bahrain, Saudi Arabia, and the UAE, announced today that it has been awarded the prestigious award of Best MENA Fixed Income Strategy over 1 Year for 2024 by Global Banking & Markets Middle East Awards. The strategy achieved a remarkable net return of 5.4% in 2024, significantly outperforming the FTSE MENA Broad Bond Index, which recorded a return of 3.4%. This recognition marks the second time that SICO has received this esteemed award, following their recognition in 2022.

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Business & Investments

23.8% increase in number of mystery shopper reports issued by Dubai Chambers

Dubai Chambers’ Service Excellence Programme achieves significant growth in mystery shopper reports and applicant numbers

  • 2,422 mystery shopper reports issued in Q1 2025, marking YoY growth of 23.8%.
  • Service Excellence Programme applications surged by 42.4% in Q1 2025, demonstrating strong private sector interest in enhancing customer experience.
  • Programme expanded to include the evaluation of customer experience in concept stores and the insurance sector, as well as the assessment of service quality provided by businesses through the LinkedIn and TikTok platforms.
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Business & Investments

Presight Empowers the UAE’s AI-Native Government Vision as Digital Transformation Partner of the Digital Readiness Retreat 2025

The company is powering the UAE’s digital future with next-generation AI capabilities

Abu Dhabi, UAE – May 23, 2025 – Presight, a UAE leading global big data analytics company powered by AI, marked a successful engagement as the official Digital Transformation Partner at the Digital Readiness Retreat 2025, held on Thursday 22 May, at the Grand Hyatt Dubai.

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Business & Investments

ADIB Named Middle East’s Best Bank for Consumers by Euromoney

ADIB won four Prestigious Accolades at Euromoney Islamic Finance Awards and Awards for Excellence 2025

Abu Dhabi, UAE: 23 May 2025: Abu Dhabi Islamic Bank (ADIB), a leading Islamic financial institution, has been named Middle East’s Best Bank for Consumers, by the leading global financial publication Euromoney in its 2025 Awards for Excellence. This prestigious accolade highlights ADIB’s dedication to delivering innovative, digital first and customer- centric bank built around the evolving needs of individual customers.

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