Category Archives: Business & Investments

Business & Investments

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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Business & Investments

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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Business & Investments

Gorenje Unveils Premium Built-In Appliances at EuroCucina 2026

With a new premium builtin range, Gorenje aims to offer appliances that enhance everyday living and complement the region’s evolving lifestyle trends.

Dubai, UAE, April 29, 2026 – Gorenje, one of Europe’s leading home appliance brands operating under Hisense Group, unveiled its latest homeappliance innovations at EuroCucina 2026. The showcase was elevated by the presence of global football icon and Gorenje brand ambassador Luka Modrić, drawing strong engagement from international partners and media.

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Business & Investments

Vision Golfe 2026: Strengthening France-GCC Economic Ties

United Arab Emirates-  April  , 2026 – As global trade routes and investment flows are redrawn by geopolitical tension, energy-transition pressures and intensifying technology competition, France and the Gulf Cooperation Council states will meet in Paris on 18–19 June 2026 for Vision Golfe, a high-level forum designed to accelerate trade, investment and strategic cooperation between the two regions.

A Leading Platform for Business and Innovation

Organised by Business France, the fourth edition of Vision Golfe will bring together ministers and senior public and private business leaders at the French Ministry for the Economy, Finance, and Industrial and Digital Sovereignty. Held under the High Patronage of President Emmanuel Macron, the forum reflects the growing institutional weight of France’s engagement with Gulf partners, as both sides pursue economic resilience, strategic autonomy and long-horizon cooperation.

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Business & Investments

Geidea Integrates Weixin Pay for Chinese Tourists

Geidea Partners with Weixin Pay to Enable Seamless Payments for Chinese Visitors Across the Region

29 April, Dubai, UAE – Geidea, a leading fintech and payments technology provider in the region, has announced a strategic partnership with Weixin Pay (also known as WeChat Pay), one of China’s most widely used digital payment ecosystems, to enable seamless payment acceptance for Chinese visitors across its merchant network.

Through this partnership, Geidea merchants will be able to accept Weixin Pay at approved locations, empowering businesses across retail, hospitality, and tourism to better serve the rapidly growing influx of Chinese travellers visiting the region for both leisure and business.

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