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IHC, BlackRock, Lunate partner on USD 1 bn reins. platform
The platform will offer underwriting solutions across P&C, life, and specialty ins. lines
ADIA closes reported USD 1 bn Qlik acquisition
Plus: More firms join DIFC, ADGM
IHC, Burjeel, Adnoc Distribution, and HSBC post 1Q earnings
ALSO- HSBC Middle East’s bottom line fell 24.9% y-o-y during the quarter
DIB and Palms Sports saw net income rise in 1Q 2025
DIB saw its net income rise 8% to AED 1.8 bn
ADQ, and IHC launch a platform to speed up large-scale infrastructure projects
Gridora will streamline procurement and execution processes, expanding deployment capacity for large-scale projects
ADIB rolls out fractional sukuk for retail investors
Plus: Pakistani startup Haball to expand to the UAE in 2025 or 2026
Plus: Big week for food and beverage acquisitions
Agthia acquired bottled water services firm Riviere, expanding its revenue growth for the water and food segment by 6.5%
More direct flights to China + IHC eyes Lunate’s Ghaf Benefits scheme
PLUS: Ewec to power 22 Burjeel Holdings’ facilities with green energy
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