Category Archives: Business & Investments

Mashreq Partners with Cashew for Seamless Financing Solutions

Platform-level collaboration aimed at supporting evolving needs of digital ecosystems designed to make financing for essential and significant expenses more accessible

Dubai, UAE – 29th April 2026: Mashreq, a leading financial institution in the MENA region, and Cashew, a UAE-based fintech platform, are strengthening their collaboration to co-create an embedded lending framework that brings together regulated banking expertise and digital platform innovation.

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GPCA and IRU join forces to drive safety in dangerous goods transport

Under the new agreement, GPCA and IRU will work together to strengthen safety, efficiency and sustainability in the cross-border transport of dangerous goods

Dubai, UAE – 29 April 2026: The Gulf Petrochemicals and Chemicals Association (GPCA), the voice of the chemical industry in the Arabian Gulf, is proud to announce it has signed a Memorandum of Understanding (MoU) with IRU, the world road transport organization, to advance safer dangerous goods transport.

Under the newly signed agreement, GPCA and IRU will work together to strengthen safety, efficiency and sustainability in the cross-border transport of dangerous goods, including chemical and petrochemical products.

The MoU sets out several priority areas for cooperation, including knowledge sharing, training and capacity building for stakeholders involved in dangerous goods transport.

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AD Ports Group Partners with Azerbaijan for Strategic Trade Growth

Abu Dhabi, UAE – 29 April 2026: AD Ports Group (ADX: ADPORTS), a leading global enabler of trade, industry and logistics solutions, has signed a Memorandum of Understanding (MoU) with Azerbaijan Transport and Communications Holding (AZCON Holding) to explore strategic collaboration across ports, shipping, logistics, and digital trade solutions in Azerbaijan.

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SUKOON TAKAFUL REPORTS Q1 2026 RESULTS WITH PROFIT GROWTH

April 29, 2026

Dubai, United Arab Emirates

Sukoon Takaful has announced its financial results for the first quarter of 2026, extending the strong trajectory established in 2025. Following a year marked by record contribution levels and a near doubling of profitability, the company has carried this momentum into the new financial year, supported by disciplined underwriting, improved cost control, and a balanced investment approach.

Gross Written Contribution for the quarter reached AED 82.9 million, reflecting a 13% increase year-on-year and building on the broad-based growth recorded across all business segments last year. Investment income stood at AED 5.2 million, up 13% compared to Q1 2025, driven by a well-managed portfolio.

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Dubai Chamber Hosts Banking Dialogue for Businesses

Session attracted 75 participants from the business community

Dubai Chamber of Commerce and Commercial Bank of Dubai (CBD) host open dialogue on banking services solutions for companies

  • H.E. Mohammad Ali Rashed Lootah: “We remain committed to strengthening cooperation with our partners in the banking sector to provide integrated financial services that keep pace with the evolving needs of the business community.”
  • Dr. Bernd van Linder: “At CBD, we are focused on simplifying access to finance, sharpening the relevance of our banking solutions, and supporting businesses as they build grow and resilience in today’s changing global landscape.”

Dubai, UAE Dubai Chamber of Commerce, one of the three chambers operating under the umbrella of Dubai Chambers, recently organised an interactive open dialogue in collaboration with CBD focused on delivering banking solutions for the private sector. Bringing together 75 representatives from the business community, the discussion explored companies’ financing requirements and highlighted the bank’s advanced services and solutions aimed at supporting businesses and strengthening their ability to adapt to global economic changes.

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