Category Archives: Business & Investments

Business & Investments

Sukoon Insurance’s ‘A’ Rating Reaffirmed by S&P with Stable Outlook

April 28th, 2026

Dubai, United Arab Emirates (UAE)

Sukoon Insurance today announced that S&P Global Ratings has reaffirmed its ‘A’ issuer credit and insurer financial strength ratings, along with a stable outlook. The reaffirmation also extends to its subsidiary, Sukoon Takaful. This rating underscores Sukoon’s unwavering financial resilience, robust risk management, and strategic growth trajectory in a complex macroeconomic environment.

In its latest report, S&P highlighted Sukoon’s exceptional financial risk profile, noting that the insurer continues to enjoy risk-based capital adequacy with a material buffer. Despite ongoing regional geopolitical tensions, S&P anticipates these events will have a limited impact on Sukoon’s operating performance. This resilience is driven by the company’s prudent underwriting practices and highly effective reinsurance protections.

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Business & Investments

Emirates NBD Launches $750M AT1 Capital Issuance

Dubai, UAE, 29 April 2026: Emirates NBD, a leading banking group in the Middle East, North Africa and Türkiye (MENAT) region, announced the successful pricing of a USD 750 million Additional Tier 1 (AT1) capital issuance, marking the first debt capital market issuance from a GCC issuer since late February 2026. This strategic move follows the successful call of a previous USD 750 million issuance earlier this month, demonstrating the Bank’s agile capital management and the deep global trust in the UAE and the wider GCC financial ecosystem.

As the first public debt capital markets issuance in the GCC since the recent heightened uncertainty, the strong demand for this issuance underscores the depth of investor confidence in Emirates NBD’s credit fundamentals, capital position and long term strategy, as well as the resilience of the UAE and the wider GCC financial markets.

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Business & Investments

Abu Dhabi’s Economy Thrives: Non-Oil Trade Hits AED 415.4 Billion

Non-oil exports soar 63%, re-exports 20%, and imports 22%

Abu Dhabi- … April 2026:

Statistics released by Abu Dhabi Customs reveal a significant rise in the emirate’s non-oil foreign trade in 2025, increasing by 36% to exceed AED 415.4 billion, compared with approximately AED 306 billion in 2024. This growth reflects Abu Dhabi’s leading position as one of the world’s fastest-growing economies in external trade, driven by expanding commercial activity and strengthened economic partnerships with global markets.

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Business & Investments, Technologies

Navigating AI and Blockchain in Finance

ABU DHABI, UAE, 28th April 2026 — ADGM’s Registration Authority (RA)and Hashed Open Research (HOR), a Hashed policy think tank, have co-authored a new policy report synthesising insights from the “Web3 Leaders Roundtable,” convened in partnership with Hashed during Abu Dhabi Finance Week (ADFW) 2025.

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Business & Investments, Technologies

OKX and BlackRock Launch Tokenized Treasury Yield Collateral Framework

• OKX to accept BlackRock’s tokenized short-term US treasury fund, BUIDL, as yield-bearing collateral for trading

• Standard Chartered to provide a comprehensive and reliable custody offering, the first-ever G-SIB-backed off-exchange tokenized collateral framework

• Initiative scales utility of tokenized real-world assets (RWA) and enables broader market participation

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