BusinessLatest Business and Company Updates
ADNOC Secures $500 Million AI-Driven Reinsurance Pact
Abu Dhabi National Oil Company has entered an agreement with RIQ to secure over $500 million in risk coverage across the next ten years. The AI-driven reinsurance platform, backed by International Holding Company, will work closely with ADNOC to structure capital-efficient protection tailored to complex operational, climate-related and specialty risks
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Michael Jordan, CEO of Gem Soft: Establishing Data Sovereignty as the Fundamental Standard for Enterprise Operations
Digital assets now form the foundation of almost every business operation. Michael Jordan, the CEO of Gem Soft, promotes data sovereignty as a necessary element for organizational strength and strategic freedom. He brings over thirty years of experience in investment
du Posts Strong Q3 2025 Growth
Dubai-based Emirates Integrated Telecommunications Company PJSC announced that its third-quarter results delivered a 7.9 per cent year-on-year jump in revenues to AED 3.87 billion, underpinned by growth in mobile, fixed and ICT businesses. The company reported an EBITDA of
VFS Global Secures 7-Year Dollar Loan at Tightened Spread
VFS Global has priced a seven-year USD tranche of $1,010 million at 250 basis points over SOFR, marking a 50bps tightening from its previous guidance.The loan forms part of a dual-currency raise, with an equivalent euro tranche also in play
