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MoIAT unlocks AED 18 billion in industrial financing at Make it in the Emirates 2026

MoIAT unlocks AED 18 billion in industrial financing at Make it in the Emirates 2026
MoIAT unlocks AED 18 billion in industrial financing at Make it in the Emirates 2026

The Ministry of Industry and Advanced Technology (MoIAT) today unlocked AED 18 billion in competitive financing for the industrial sector to help manufacturers scale their production.

The ministry signed Memoranda of Understanding (MoUs) with Mashreq Bank and Dubai Islamic Bank to provide AED 10 billion over five years and AED 2 billion, respectively, while Emirates Development Bank separately allocated AED 6 billion, bringing the total to AED 18 billion as part of its ongoing partnership with MoIAT.

Signed at the fifth and largest edition of Make it in the Emirates (MIITE), the UAE’s flagship industrial platform, the agreements will provide access to competitive and flexible financing solutions to help companies of all sizes increase production and adopt advanced technologies while stimulating investment and strengthening supply chains.

The agreements were signed on behalf of MoIAT by His Excellency Eng. Osama Amir Fadhel, Assistant Undersecretary for the Industrial Accelerators Sector, Saud Al Jassim, Head of Business Banking at Dubai Islamic Bank, and Joel D Van Dusen as its new Head of Corporate and Investment Banking Group, in the presence of Hasan Jasem Al Nowais, Undersecretary of MoIAT, alongside senior officials and representatives from the banking and industrial sectors.

His Excellency Hasan Jasem Al Nowais, Undersecretary of MoIAT, said: “These partnerships reflect our approach to translating industrial strategy into action at scale and speed — strengthening ties with leading national financial institutions to support sustainable industrial growth and enhance supply chain resilience.

“The partnerships mark an important step forward in strengthening companies’ ability to grow, adopt advanced technologies, and contribute to the objectives of the National Strategy for Industry and Advanced Technology. National financial institutions play a vital role in enabling the industrial sector, particularly through credit guarantees, and aligning their financial products with industrial and trade policies.”

Mashreq Bank will provide green loans, green bonds, sustainability-linked loans and bonds, supply chain financing programs, as well as trade finance services and financial advisory support. These offerings aim to support the growth of national industrial exports through the bank’s international network. The agreement also includes financial awareness and advisory services to help industrial enterprises boost their readiness for global markets.

Ahmed Mohamed Al Naqbi, Chief Executive Officer of Emirates Development Bank, said: “The AED 6 billion competitive financing underscores EDB’s commitment to strengthening the UAE’s industrial sector by providing businesses with accessible and competitive funding solutions. This initiative will support manufacturers in scaling their operations, enhancing competitiveness, and expanding into new markets, in line with the UAE’s economic diversification and efforts to reinforce its position as a global hub for advanced industry.”

Saud Al Jassim, Head of Business Banking at Dubai Islamic Bank, said: “This agreement reflects the importance of partnerships between the government and banking sectors in enabling the UAE’s industrial sector. Through our collaboration with MoIAT under Make it in the Emirates 2026, Dubai Islamic Bank reaffirms its commitment to supporting national objectives and industrial enterprises with Sharia-compliant banking solutions that help strengthen their ability to grow, improve operational efficiency, and adopt advanced technologies, supporting the competitiveness of the industrial sector and enhancing its contribution to the national economy.”

Ahmed Abdelaal, Group CEO, Mashreq, said: “The UAE’s ambition to lift the industrial sector’s GDP contribution to AED 300 billion by 2031 is one of the most defining economic transformations of this decade and Mashreq is fully committed to supporting this goal. Through this MoU, we will deploy AED 10 billion of competitive financing over five years, spanning term financing, supply chain finance and trade solutions delivered through our international network to give UAE industrialists the capital, the advisory, and the global reach they need to scale.

“Building on the commitments we have consistently exceeded under previous agreements with the ministry, our dedicated manufacturing division stands ready to be the partner of choice for every company building under Make it in the Emirates. As one of the UAE’s oldest banks, Mashreq has been financing the country’s industrial backbone for over five decades, and this commitment with MoIAT marks our most ambitious chapter yet.”

Partnerships with national financial institutions are a cornerstone of industrial growth, competitiveness, and localization. They are critical to building a diversified, knowledge-based economy driven by innovation and advanced industry.

For more information about the fifth edition of MIITE, visit: https://www.miite.ae

The DFSA moves to accelerate Islamic Finance sector growth in DIFC, consulting on framework enhancement to provide greater clarity and strengthen regulatory guidance

The DFSA moves to accelerate Islamic Finance sector growth in DIFC, consulting on framework enhancement to provide greater clarity and strengthen regulatory guidance
The DFSA moves to accelerate Islamic Finance sector growth in DIFC, consulting on framework enhancement to provide greater clarity and strengthen regulatory guidance

The Dubai Financial Services Authority (DFSA), the independent banking, financial services, and markets regulator of Dubai International Financial Centre (DIFC), today launched a public consultation on proposed enhancements to its Islamic finance regulatory framework. The consultation, which seeks to provide greater clarity on endorsement requirements and disclosure standards, signals a regulatory development that aligns with broader national objectives, including the UAE Strategy for Islamic Finance and Halal Industry and Dubai’s Economic Agenda (D33) to strengthen the UAE’s position as a global hub for international Islamic finance.

Consultation paper No 172 (CP 172) proposes clearer guidance on when Authorised Persons (Authorised Firms or Authorised Market Institutions) require an endorsement to conduct Islamic financial business, strengthened disclosure requirements for Takaful (the Shari’a-compliant mutual insurance system where members share risk and support each other), and targeted technical amendments to the Islamic Finance Rules (IFR) module of the DFSA Rulebook.

The proposals come as the Islamic finance sector continues its development. The UAE is a leading global market for Islamic finance, according to the Islamic Finance Development Indicator (IFDI). In 2024, it ranked fourth globally by assets and third based on financial performance and supporting ecosystem metrics. DIFC is currently one of the world’s largest global venues for the issuance of Sukuk, with more than USD 100 billion of outstanding Sukuk listings, including in relation to Environmental, Social, and Governance (ESG).

Charlotte Robins, Managing Director, Policy & Legal, at the DFSA, said:As the Islamic finance sector continues its strong growth trajectory within DIFC, the United Arab Emirates, and globally, we want to ensure that our regulatory framework provides the clarity and certainty that firms need to operate confidently within appropriate boundaries. These proposals reflect our ongoing engagement with the industry and our commitment to supporting the development of this strategically important sector.”

The DFSA operates as a “Shari’a systems regulator” – not making determinations on the Shari’a aspects of financial products or services, but requiring that Authorised Persons set up systems and controls to support their Islamic financial business and associated risks. 

Key proposals on CP 172:

  • Clarity on Islamic endorsement requirements: The DFSA proposes to specify circumstances in which Authorised Persons will be considered to be holding themselves out as conducting Islamic financial business, and therefore requiring an Islamic endorsement. This includes:
  • Authorised Persons indicating that they conduct all or part of their business operations in accordance with Shari’a;
  • Authorised Persons providing financial services in relation to products presented as Islamic or Shari’a-compliant; and
  • Fund managers operating funds held out as Islamic or Shari’a-compliant.

The proposals also clarify that Authorised Persons simply providing access to or distributing Islamic financial products – without making representations about Shari’a compliance – would not require an endorsement, provided that they meet existing client protection obligations.

  • Strengthened Takaful disclosures: To strengthen consumer protection, the DFSA proposes requiring all Takaful sales to include specific disclosures about contract features, fee calculations, surplus-sharing arrangements, and potential additional contributions, whether the Authorised Person has an Islamic endorsement or not. 

Consultation process

Authorised Firms and Authorised Market Institutions, and their employees, applicants, professional advisers, and other industry participants are invited to submit comments via the DFSA’s online response form by 19 June 2026.

Following the consultation period, the DFSA will review all submissions and proceed to make changes to the DFSA Rulebook, reflecting industry input where appropriate.

The full Consultation Paper is available on the DFSA website.

Forbes Middle East Unveils The Region’s Most Impactful Real Estate Leaders 2026

Forbes Middle East Unveils The Region’s Most Impactful Real Estate Leaders 2026
Forbes Middle East Unveils The Region’s Most Impactful Real Estate Leaders 2026

Forbes Middle East has revealed the third annual list of the region’s Most Impactful Real Estate Leaders, highlighting the developers and decision-makers transforming the region’s skylines and urban landscapes. 

The ranking was compiled over several months and based on multiple criteria including years of experience, the value of completed and ongoing projects, company financials such as total assets and revenues (where available), and the size of landbanks and number of units held. 

The UAE dominates this year’s list with 47 leaders of companies, followed by Saudi Arabia with 21 entries and Egypt with 17, demonstrating the continued concentration of real estate activity in these key markets. Claiming the top spot for the second year in row is Hussain Sajwani, Founder and Chairman of DAMAC Properties. Under his leadership, DAMAC has continued to expand its global partnerships, most recently introducing Chelsea Residences in collaboration with Chelsea Football Club.

He is followed by Mohamed Alabbar, Founder and Managing Director of Emaar Properties, with Talal Al Dhiyebi, Group CEO of Aldar, in third place. All three of the top leaders are based in the UAE, reinforcing the country’s position as the leading real estate hub in the region.

The list includes 11 billionaires with a combined net worth of $39.4 billion, reinforcing the real estate sector as one of the region’s most powerful engines of wealth creation.

Strategic partnerships and branded developments are redefining the landscape. Among the year’s standout deals, Qatari Diar, led by Chairman Abdullah bin Hamad Al Attiya (ranked 7th), signed a $29.7 billion agreement with Egypt’s New Urban Communities Authority to develop the Alam Al-Roum area on the Egyptian Mediterranean coast. Meanwhile, Muhammad BinGhatti, Chairman of Binghatti Holding (ranked 8th), launched Mercedes-Benz Places | Binghatti City in early 2026, an $8 billion project spanning more than 10 million square meters.

The list features a broad spectrum of companies, from legacy institutions to ambitious newcomers. Egypt’s Madinet Masr for Housing & Development, led by President and CEO Abdallah Sallam, is the oldest developer listed, having been established in 1959. At the other end of the spectrum, the UAE’s ONE Development, led by Founder and Chairman Ali Al Gebely, is the youngest listee, founded in 2023.

To continue the conversation on the future of real estate, Forbes Middle East will host the second edition of the flagship ‘Building The Future Summit’ in Abu Dhabi on June 23–24, 2026.

Top 10 Most Impactful Real Estate Leaders In The Middle East 2026

1 | Hussain Sajwani

Founder & Chairman, DAMAC Properties

Country: UAE 

Established: 2002

2 | Mohamed Alabbar

Founder & Managing Director, Emaar Properties 

Country: UAE

Established: 1997

3 | Talal Al Dhiyebi

Group CEO, Aldar 

Country: UAE

Established: 2005

4 | Hesham Talaat Moustafa

CEO & Managing Director, Talaat Moustafa Group Holding (TMG Holding)

Country: Egypt

Established: 1970

5 | Hesham Al Qassim

CEO, Wasl Asset Management Group

Country: UAE

Established: 2008


6 | Khalid Al Malik

CEO, Dubai Holding Real Estate

Country: UAE

Established: 2002

7 | Abdullah bin Hamad Al Attiya

Chairman, Qatari Diar

Country: Qatar

Established: 2005

8 | Muhammad BinGhatti 

Chairman, Binghatti Holding

Country: UAE

Established: 2008

9 | PNC Menon

Founder, Sobha Group  

Country: UAE

Established: 1976

10 | Bill O’Regan      

Group CEO, Modon Holding

Country: UAE

Established: 2005

Click here to view the complete list of The Middle East’s Most Impactful Real Estate Leaders 2026.

UAE Launches AED 180 Billion Industrial Procurement Drive to Accelerate Industrial Growth and Economic Resilience

أطلقت الإمارات العربية المتحدة حملة مشتريات صناعية بقيمة 180 مليار درهم إماراتي لتسريع النمو الصناعي وتعزيز المرونة الاقتصادية
أطلقت الإمارات العربية المتحدة حملة مشتريات صناعية بقيمة 180 مليار درهم إماراتي لتسريع النمو الصناعي وتعزيز المرونة الاقتصادية

His Excellency Dr. Sultan Al Jaber, UAE Minister of Industry and Advanced Technology and ADNOC Managing Director and Group CEO, today opened the fifth and largest edition of Make it in the Emirates, the UAE’s flagship industrial platform, announcing AED 180 billion in new industrial procurement opportunities in a national drive to localize more than 5,000 products across sectors critical to economic, food, and healthcare security.

Opening the forum following a three-month period that has tested the region deeply, His Excellency Dr. Al Jaber said the UAE continues to transform challenges into opportunities, emphasizing that resilience, sovereignty, and industrial capability are central pillars of the country’s long-term economic strategy.

“History remembers the challenges nations face. But it also remembers how nations respond to them and what they build next,” His Excellency said. “There is a great difference between those who focus only on surviving crises, and those who seize them as opportunities and turn them into new beginnings. In the UAE, we do not simply endure hardships. We emerge from them stronger.”

He added: “We do not wait for transformation; we drive it. We do not simply adapt to the future; we help shape it.”

He also paid tribute to the UAE Armed Forces – who are celebrating the 50th anniversary of their unification – frontline personnel, emergency responders, and national institutions for safeguarding stability during the recent crisis.

Industrial sector contribution reaches AED 200 billion

His Excellency Dr. Al Jaber said the UAE’s industrial strategy continues to deliver structural transformation across the national economy.

Industrial sector contribution has reached AED 200 billion, a 70 percent increase since 2021; while industrial exports climbed to AED 262 billion, including AED 92 billion in advanced industrial exports.

“These figures are not merely growth,” His Excellency said. “They are proof that our industrial economic model works, produces, and continues to accelerate.”

He highlighted the National In-Country Value (ICV) Program as a key driver of this progress, helping turn spending into investment “in our economy, our factories, our talent, and our future.”

Today, with the support of the UAE leadership and endorsement of the Cabinet, the value of industrial procurement opportunities will increase from AED 168 billion to AED 180 billion over the next decade.

Make it in the Emirates follows the Make it with ADNOC forum held on Sunday with the support of His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council. The forum unveiled procurement opportunities and planned projects worth more than AED 200 billion over the next two years, reinforcing ADNOC’s role as a catalyst for UAE industrial growth.

The Local+ initiative was also announced at the forum, which connects engineering, procurement, construction, and services contractors with 70 qualified Emirati manufacturers.

Economic security cannot be imported – it must be built

His Excellency Dr. Al Jaber emphasized that industry is not simply an economic choice, but “a necessity” that strengthens resilience, protects the national economy from global volatility, and enhances the country’s ability to withstand disruption.

Referring to the importance of safeguarding international trade routes, he warned that disruptions to strategic maritime corridors affect not only one region, but the global economy.

“Economic security cannot be imported – it must be built and protected,” His Excellency said.

“The security of vital trade routes is not a regional matter alone, but a shared global responsibility.”

Addressing the crisis around the Strait of Hormuz, His Excellency reaffirmed the UAE’s position on freedom of navigation and the legal status of international waterways.

“Freedom of international navigation is non-negotiable and cannot be compromised,” he said. “Any change to these principles would constitute a dangerous and unacceptable precedent and a direct threat to global economic security.”

UAE reshapes its position in the global energy landscape

His Excellency said the UAE is entering “a new chapter” in which it is reshaping its place in the global economy with “confidence, clarity, and ambition.”

He described the UAE’s decision to reposition itself within the global energy landscape, including its exit from OPEC and OPEC+, as “a carefully considered strategic decision” that “is not directed against anyone, any country, or institution” and is aligned with the country’s long-term national interests and economic ambitions.

“[The decision] serves our national interests and long-term strategic objectives, aligns with our industrial, economic, and developmental ambitions, and gives us greater ability to accelerate investment, expand, and create value,” His Excellency said.

“Real strength is not measured by the abundance of resources, but by how they are harnessed to create value and serve the nation.”

He stressed that the UAE “will remain a trusted and responsible partner in global energy markets” and will continue supporting market stability “from a position of greater flexibility.”

He added that the move forms part of a broader national strategy to reshape the economy and industrial base through a vision that connects energy, technology, and industry, aligning resources with national priorities to build a stronger economy.

AI to become an industrial brain across UAE factories

In line with the UAE government’s direction to deploy AI agents and advanced AI models across services and operations, the country is launching what His Excellency described as an unprecedented technological and digital transformation across its industrial ecosystem.

“Artificial intelligence will no longer be just a tool in our factories,” he said. “It will become an industrial brain and a partner in decision-making – redefining efficiency, productivity, and the decision-making process.”

He added that the transformation reflects an integrated economic model through which the UAE is shaping and anticipating the future.

A global platform for industrial growth

Addressing investors and manufacturers, His Excellency positioned the UAE as a global platform for growth, offering a business environment built on credibility and trust, flexible regulation, disciplined governance, world-class financial services, advanced infrastructure and logistics, and strong connectivity to international markets.

“In the UAE, ideas are transformed into industries, and investment is transformed into value,” he said.

His Excellency also called on the UAE’s private sector, chambers of commerce and industry, and sovereign wealth funds to prioritize domestic investment.

“Direct Domestic Investment is no longer an option – it is a priority,” he said. “Because it is an investment in our stability, our economic sovereignty, and the future of generations to come.”

The way ahead

“The economies of the future will be built on three foundations: energy that powers, technology that thinks, and industry that produces,” His Excellency said.

“Those who successfully combine energy, artificial intelligence, and industry will strengthen their ability to grow and compete globally. And that ecosystem is already taking shape here in the United Arab Emirates.”

His Excellency’s closing message was direct: “From the UAE, opportunities begin. From the UAE, industries launch to the world.”

“Build with us. Invest with us. Make it in the Emirates.”

EFG Hermes Appointed Sole Global Coordinator and Bookrunner for Misr Life Insurance IPO on EGX

EFG Hermes Appointed Sole Global Coordinator and Bookrunner for Misr Life Insurance IPO on EGX
EFG Hermes Appointed Sole Global Coordinator and Bookrunner for Misr Life Insurance IPO on EGX

EFG Hermes, an EFG Holding company and the leading investment bank in MENA, announced today that it has been appointed sole global coordinator and sole bookrunner for the planned initial public offering of Misr Life Insurance on the Egyptian Exchange.

The transaction is expected to involve the sale of up to 20% of Misr Life Insurance’s share capital through the IPO, representing a milestone in the Government of Egypt’s efforts to broaden public ownership, deepen the equity market, and unlock value in leading state-owned enterprises. The planned IPO comes in line with the Ministry of Investment and Foreign Trade’s vision to increase private sector participation in the economy and expand the ownership base of public companies through listings on the EGX. The initiative underscores the government’s commitment to using the capital market as a platform for investment, growth, and wider economic participation, and enhances the EGX’s position as a competitive regional exchange.

The Sovereign Fund of Egypt (TSFE) had invited investment banks to submit their technical and financial proposals to manage the promotion and underwriting for the offering of a stake in Misr Life Insurance, which is owned by the Misr Insurance Holding Company, a subsidiary of the Sovereign Fund.

The planned IPO of Misr Life Insurance would add scale, sector diversity to the Egyptian market and create new investment opportunities for local and international investors.

Largest-ever Make it in the Emirates opens Monday with 120,000 visitors plus first-ever AI showcase, UAE industrial heritage story

Largest-ever Make it in the Emirates opens Monday with 120,000 visitors plus first-ever AI showcase, UAE industrial heritage story
Largest-ever Make it in the Emirates opens Monday with 120,000 visitors plus first-ever AI showcase, UAE industrial heritage story

 The UAE’s flagship industrial forum opens Monday in Abu Dhabi with 120,000 visitors expected over four days and a host of new features designed to help businesses tap into one of the world’s most dynamic industrial development stories.

The fifth and largest edition of Make it in the Emirates, taking place under the theme ‘Advanced Industry. Emerging Strongerbrings together approximately 1,200 exhibitors across 88,000 square metres at ADNEC Centre Abu Dhabi, spanning 12 priority industries including advanced manufacturing, aerospace and defence, pharmaceuticals, energy, mobility, and sustainable materials.

The scale of this year’s event reinforces the UAE’s long‑term industrial direction and commitment to an economy built to keep building. It comes on the heels of industrial GDP rising by 70% from 2021 and exports more than doubling to AED 262 billion.

Major deals will be announced during the week between government, national enterprises, global corporations, and local businesses.

The Ministry of Industry and Advanced Technology (MoIAT) will unveil a series of initiatives to bolster the UAE’s industrial resilience and support companies through today’s volatile environment. These include the next generation of the In-Country Value (ICV) Program, which has redirected more than AED 473 billion into the national economy, supporting local jobs and strengthening supply chains.

New for 2026: AI, start-up, quality & heritage hubs

This year’s edition introduces four dedicated experiential hubs — one of the most significant expansion of the forum’s format since its launch — reflecting a push to move beyond deal-making and into hands-on industrial capability building.

Laid out like lobes of the human brain, the Intelligence Hub is a 1,400-square-metre technology showcase positioned along VIP circulation routes and designed for what organizers describe as “real industrial decisions”. The hub features AI, robotics, drones, electric vehicles, batteries, industrial cybersecurity, and smart manufacturing technologies, structured across three showcase categories: locally developed technologies, international innovations, and UAE-global collaborations.

With SMEs, start-ups, and entrepreneurs accounting for 61% of exhibitors this year, the Industry NextGen Hub supports businesses with a direct pipeline into national procurement. The hub features pitch competitions, investor matchmaking, business-to-business meetings with anchor buyers, and workshops on accessing national financing programmes and integrating into supply chains.

The Quality Hub focuses on the certification and accreditation frameworks that allow UAE-manufactured products to compete in international markets, offering practical guidance on standards compliance.

The House of Industry, billed as the UAE’s first immersive industrial heritage exhibition, traces the country’s evolution from early trade through to advanced manufacturing via film, timelines, and interactive exhibits. The debut of a heritage experience at Make it in the Emirates places the UAE’s industrial story at the heart of national identity.

Make it in the Emirates 2026 is hosted by MoIAT in collaboration with the Ministry of Culture, the Abu Dhabi Investment Office (ADIO), ADNOC, and L’IMAD, and organized by ADNEC Group. Created to advance the UAE’s industrial strategy, the platform operates as a national mechanism for turning ambition into action by convening industrial priorities, capabilities, and opportunities into one place.

For the full agenda, visit: https://www.miite.ae/en/agenda

 

Food Insecurity Crisis in Gaza, Sudan and Lebanon Deepens as Humanitarian Suffering Escalates:

Food Insecurity Crisis in Gaza, Sudan and Lebanon Deepens as Humanitarian Suffering Escalates
Food Insecurity Crisis in Gaza, Sudan and Lebanon Deepens as Humanitarian Suffering Escalates

The American Human Rights Council (AHRC-USA) warns of a rapidly worsening humanitarian catastrophe in Gaza and Lebanon, where ongoing Israeli military operations have devastated civilian life. Continuous bombardment of residential areas has forced massive waves of displacement, pushing families to flee repeatedly in search of safety that remains out of reach.

Across both Gaza and Lebanon, millions now lack the most basic necessities for survival. Food, clean water, medicine, and essential supplies have become scarce or unaffordable. This deepening deprivation threatens to push entire communities into severe food insecurity, compounding the suffering of civilians who have already endured unimaginable loss. In Lebanon, those displaced were forced to abandon their homes with nothing, leaving them entirely dependent on humanitarian aid.

Weaponizing access to food or obstructing humanitarian relief is widely recognized by international human rights organizations as a grave violation of international humanitarian law. Whether in Gaza, Lebanon, Sudan, or anywhere else in the world, such actions inflict collective punishment on innocent people who bear no responsibility for the conflict around them.

In Gaza and Lebanon, the continued disregard for international law, the obstruction of humanitarian access, and the repeated violations of ceasefire agreements have fueled a human tragedy of staggering proportions. The scale of suffering demands urgent global action. People of conscience, humanitarian organizations, and peace-loving communities everywhere must mobilize swiftly to feed the hungry, shelter the displaced, and protect the most vulnerable—especially women, children, the elderly, and those with medical needs.

AHRC salutes all individuals, organizations, and nations already working tirelessly to deliver aid. We extend special recognition to American charities whose efforts reflect the best of American compassion and moral responsibility. AHRC urges everyone to contribute in any way possible to alleviate this crisis.

This human tragedy—whether in Gaza, Lebanon, Sudan, or any other region engulfed by conflict—must end. Refugees and displaced families deserve protection, dignity, and support. It is our shared human obligation to stand with them. Humanity unites us, and helping those in desperate need is a responsibility we all share.

The suffering grows each day. This misery must not be allowed to continue. Those responsible for violations of international humanitarian law should be held accountable through appropriate legal and international mechanisms.

The world must recognize a simple truth: wars must stop. Only an end to violence can open the door to healing, rebuilding, and restoring the basic dignity every human being deserves.

Dubai Financial Market Records Strong Q1 2026 Performance, with ADTV Exceeding AED 1 Billion

Dubai Financial Market Records Strong Q1 2026 Performance, with ADTV Exceeding AED 1 Billion
Dubai Financial Market Records Strong Q1 2026 Performance, with ADTV Exceeding AED 1 Billion
  • 56% increase year-on-year in average daily trading value (ADTV), exceeding AED 1 billion to AED 1.03 billion
  • 48% increase year-on-year in total traded value to AED 61 billion
  • 43% increase in net profit before tax to AED 193.3 million in Q1 2026, 
  • 36% increase in total consolidated revenue increased to AED 253.1 million during Q1 2026, supported by higher trading activity and liquidity level
  • DFM attracted 20,702 new investors during the quarter, with international investors representing 79% of new registrations
  • Institutional investors accounted for 70% of total trading value, while foreign investors contributed 54%
  • Market capitalization stood at AED 897 billion at the end of March 2026

Dubai Financial Market (PJSC) today announced its consolidated financial results for the first quarter ending 31 March 2026, reporting a strong start to the year supported by robust trading activity, increased liquidity and active investor participation. The performance underscores DFM’s continued appeal as a destination for international capital and reflects the depth and resilience of Dubai’s capital markets.

During the quarter, Average Daily Trading Value (ADTV) exceeded the AED 1 billion mark, reaching AED 1.03 billion compared to AED 663 million in the same period last year, representing a 56% increase year-on-year.  Total traded value rose by 48% to AED 61 billion, compared to AED 41.12 billion last year, reflecting continued depth and breadth of activity across the market. 

DFM attracted 20,702 new investors during the quarter compared to 19,366 investors for the same period last year, 79% of whom were from overseas. Foreign investors contributed 54% of total trading value, while institutional investors accounted for 70%, underscoring DFM’s continued appeal to a diversified and sophisticated investor base. Market capitalization stood at AED 897 billion at the end of March 2026. 

DFM’s total consolidated revenue reached AED 253.1 million in Q1 2026, compared to AED 186.5 million in the same period of 2025. Revenue included AED 171.9 million in operating income and AED 81.2 million in investment returns and other income. Net profit before tax stood at AED 193.3 million, compared to AED 134.9 million in the prior-year period. Total expenses excluding tax were AED 59.8 million, versus AED 51.6 million in Q1 2025.

Commenting on DFM’s performance, H.E. Helal Saeed Al Marri, Chairman of DFM, said:

“DFM delivered a strong first quarter, with trading activity and investor participation reflecting continued confidence in Dubai’s capital markets. Exceeding AED 1 billion in average daily trading value is an important milestone and demonstrates the growing depth, liquidity and international relevance of the market.

This performance is underpinned by Dubai’s strong economic fundamentals, its position as a global financial hub, and the continued development of a transparent and efficient market infrastructure. The sustained participation of institutional and international investors reflects the confidence in DFM’s platform and the long-term vision for Dubai’s capital markets.

We remain focused on advancing DFM’s role within Dubai’s financial ecosystem by broadening access, deepening liquidity and supporting the continued development of globally connected capital markets.”

DFM recorded strong trading momentum during January and February, with the DFM General Index reaching 6,774 points on 9 February 2026. The index closed the quarter lower by 10.1%, reflecting softer market conditions in the latter part of March. However, trading activity remained strong throughout the period, supported by continued participation across investor segments and healthy levels of liquidity.

Hamed Ali, CEO of DFM and Nasdaq Dubai, said: “Q1 2026 demonstrated the resilience and depth of activity across DFM. Liquidity increased significantly year-on-year, with average daily trading value rising to AED 1.03 billion and total traded value reaching AED 61 billion. This was supported by strong participation from institutional, retail, local and international investors.

DFM continued to operate with stability and efficiency, supported by a diversified investor base and sustained international participation. 

Our priority remains to enhance market accessibility, strengthen infrastructure, and broaden the range of opportunities available to issuers and investors. The performance of the first quarter reinforces the strong foundations of Dubai’s capital markets and DFM’s ability to continue supporting long-term market development.”

DFM remains focused on deepening market access, expanding its investor base, and enhancing the infrastructure that supports Dubai’s position as a leading international financial centre. The fundamentals supporting growth in liquidity, trading activity and international participation remain strong, positioning DFM to build on the momentum achieved during the first quarter.

Nasdaq Dubai Welcomes Listing of AED 1.1 billion Islamic Treasury Sukuk Taps by the Ministry of Finance

Nasdaq Dubai Welcomes Listing of AED 1.1 billion Islamic Treasury Sukuk Taps by the Ministry of Finance
Nasdaq Dubai Welcomes Listing of AED 1.1 billion Islamic Treasury Sukuk Taps by the Ministry of Finance

H.E. Mohamed bin Hadi Al Hussaini, Minister of State for Financial Affairs, rang the market-opening bell at Nasdaq Dubai to mark the listing of additional UAE dirham-denominated Islamic Treasury Sukuk issued by the Ministry of Finance, with a total value of AED 1.1 billion.

During the ceremony, HE was joined by His Excellency Younis Haji AlKhoori, Undersecretary of the Ministry of Finance; Abdul Wahed Al Fahim, Chairman of Nasdaq Dubai; and Hamed Ali, Chief Executive Officer of Nasdaq Dubai and Dubai Financial Market (DFM), in the presence of senior officials from both organisations.

The additional amounts represent tap issuances of two existing series under the UAE Federal Government’s Islamic Treasury Sukuk (T-Sukuk) Programme.

This comprised a AED 550 million tap of the 3.49% Sukuk due October 2027, increasing its total outstanding to AED 2.2 billion, alongside a AED 550 million tap of the 3.779% Sukuk due February 2033, which now stands at AED 1.1 billion.

Supporting the Islamic Treasury Sukuk Programme

H.E. Mohamed bin Hadi Al Hussaini said that the listing of additional UAE dirham-denominated Islamic Treasury Sukuk issuances on Nasdaq Dubai reaffirms the Ministry of Finance’s commitment to supporting the UAE Government’s Islamic Treasury Sukuk Programme and strengthening its role within an efficient and flexible national financial system.

Al Hussaini added that the move will further bolster the ministry’s approach to developing local currency government debt instruments, thereby enhancing the dirham yield curve, broadening the investor base, and supporting the development of a deeper and more diversified fixed-income market.

HE noted that the increases in the existing issuances reflect the UAE’s strong credit position and the high level of confidence in its financial system, as well as its ability to provide reliable government instruments that promote market stability and liquidity.

He added that the programme continues to strengthen the UAE’s financial infrastructure in line with best practices. He reaffirmed the ministry’s commitment to boosting the efficiency of government issuance management and reinforcing the UAE’s position as a leading financial hub.

For his part, Abdul Wahed Al Fahim, Chairman of Nasdaq Dubai, said: “The UAE is committed to further promoting its position as a leading hub for the development of capital markets. The strong demand for the Islamic Treasury Sukuk programme reflects the confidence investors place in the resilience of the country’s economy and the sustainability of its long-term development vision. The programme also contributes to enhancing the dirham-denominated yield curve and reinforces the UAE’s standing as a trusted and attractive destination for investors from around the world.”

Islamic Finance Ecosystem

Meanwhile, Hamed Ali, Chief Executive Officer of Nasdaq Dubai and DFM, said: “The UAE Federal Government’s latest Islamic Treasury Sukuk issuance highlights the strength of the country’s Islamic finance ecosystem and its strategic role in global capital markets. As investor demand for such instruments continues to grow, Nasdaq Dubai remains well positioned to facilitate efficient market access and support the continued development of capital markets in the region.” 

With these tap issuances, the total value of outstanding Sukuk currently listed by the UAE Federal Government on Nasdaq Dubai has reached USD 7.5 billion, highlighting the sustained growth of the programme. The total value of outstanding Sukuk listed on Nasdaq Dubai now stands at USD 99.4 billion, reinforcing the exchange’s position as one of the world’s leading international hubs for Islamic finance. 

Domestic Fixed Income Instruments

The tap issuances form part of the UAE Islamic Treasury Sukuk Programme, which continues to advance the development of the dirham-denominated yield curve, strengthen the domestic fixed income landscape, and expand access to Sharia-compliant investment instruments with high credit ratings for regional and international investors.

The listing further underlines the growing role of UAE dirham-denominated Islamic Treasury Sukuk within domestic capital markets, contributing to the development of the government debt market and enhancing the visibility of UAE sovereign issuances on Nasdaq Dubai, in line with the Ministry of Finance’s objectives to establish an advanced and sustainable financial system.

The Make it in the Emirates (MIITE) 2026 platform prepares to launch its largest edition yet, spotlighting the UAE’s industrial resilience with the aim of strengthening the readiness of the national economy

The Make it in the Emirates (MIITE) 2026 platform prepares to launch its largest edition yet, spotlighting the UAE’s industrial resilience with the aim of strengthening the readiness of the national economy
The Make it in the Emirates (MIITE) 2026 platform prepares to launch its largest edition yet, spotlighting the UAE’s industrial resilience with the aim of strengthening the readiness of the national economy

The fifth edition of Make it in the Emirates (MIITE) – the UAE’s largest national industrial platform – will take place from 4 to 7 May at ADNEC Centre Abu Dhabi, hosted by the Ministry of Industry and Advanced Technology (MoIAT) and in collaboration with the Ministry of Culture, the Abu Dhabi Investment Office, ADNOC, and L’IMAD Holding Company, and organized by ADNEC Group.

Under the theme “Emerging Stronger”, the event presents a practical model that embodies the UAE’s industrial resilience efforts in the UAE.

The launch of MIITE 2026 coincides with the Cabinet’s approval of a set of strategic initiatives and decisions aimed at strengthening the resilience of the UAE’s industrial sector, ensuring business continuity, and reinforcing the readiness of the national economy. These include the establishment of a national industrial resilience fund valued at AED 1 billion to support the localization of vital industries, enhance supply chain resilience, and accelerate the adoption of artificial intelligence across production, operations, and planning. The package also expands the National In-Country Value (ICV) program into a mandatory framework across all federal government entities and national companies, alongside a policy to strengthen the presence of UAE-made products across retail outlets and e-commerce platforms.

MIITE 2026 focuses on transforming these national priorities into tangible economic and commercial momentum. It provides the opportunity to explore the UAE’s integrated industrial ecosystem that brings together manufacturers, investors, SMEs, startups, job seekers, and the wider public. The platform serves as a strategic hub to expand procurement channels, forge partnerships, secure supply chains, and direct high-impact investment effectively, turning national strategic priorities into measurable, on-the-ground outcomes.

His Excellency Dr. Sultan Al Jaber, Minister of Industry and Advanced Technology, ADNOC Managing Director and Group CEO, said that the UAE, guided by its wise leadership, continues to develop the industrial sector and increase its contribution to economic growth, particularly as industry plays a fundamental role in economic resilience and sustainable growth. Our national industrial sector continues to raise the bar of ambition, advancing into a new phase where our industries move beyond a local role to become a globally influential force, underpinned by exceptional resilience and artificial intelligence, which is redefining the UAE’s competitiveness and confidently shaping its future.

His Excellency Dr. Al Jaber added that the newly approved government initiatives will reinforce a more resilient and sustainable national industrial model, as one of the most important drivers of the next phase of growth. These initiatives represent a qualitative leap in the UAE’s industrial development journey, and present a clear vision and a steadfast commitment to accelerating economic growth. They form an integrated ecosystem that combines demand stimulation, access to financing, and enhanced decision-making readiness, strengthening the competitiveness of national companies and reinforcing supply chain resilience.

He added that MIITE 2026 will focus on translating this ambitious agenda into tangible outcomes and has evolved into a  space where national industrial priorities are transformed into real opportunities, partnerships, and impactful projects. The fifth edition of the platform underscores the UAE’s strong industrial foundations, presenting a live model of industrial resilience through reliable supply chains, scalable national companies, and local innovations that generate sustainable value.

His Excellency Dr. Al Jaber further emphasized that MIITE 2026 serves as a platform to effectively showcase the achievements of the UAE’s national industry, conveying a clear message that the country is steadily advancing toward a stronger, more future-ready industrial phase. It positions industry as a primary engine of economic growth, strengthening national manufacturing capabilities, empowering investors, accelerating the adoption of AI and advanced technologies, expanding local manufacturing, and enhancing the competitiveness of national products.

The Cabinet-approved initiatives include the establishment of a national industrial resilience fund valued at AED 1 billion to support the localization of vital industries, enhance supply chain resilience, and build strategic stockpiles across key sectors such as food, manufacturing, base metals, mechanical, electrical, chemical, and pharmaceutical industries, advanced technology, and construction.

They also include expanding the National In-Country Value (ICV) Program into a mandatory framework covering all federal government entities, as well as companies with at least a 25% direct or indirect federal ownership stake – further directing national spending to support local industry.

In addition, a new policy has been approved to strengthen the presence of UAE-made products across retail outlets and e-commerce platforms, beginning with essential goods such as bottled water, dairy products, eggs, fresh and chilled poultry, bread and basic bakery items, flour, locally packaged vegetable oils, and seasonal agricultural products.

The Cabinet also approved the establishment of the National Industrial Data Committee, chaired by His Excellency Hasan Jasem Al Nowais, Undersecretary of the Ministry of Industry and Advanced Technology (MoIAT), to accelerate the collection, integration, and real-time availability of strategic industrial data, supporting faster decision-making and enhancing sector readiness.

MIITE 2026 – Industrial resilience

In its fifth edition, MIITE brings together more than 1,100 exhibitors across 12 industrial sectors, while introducing new procurement opportunities aimed at localizing the production of approximately 5,000 products within the UAE. SMEs account for 61% of total MIITE 2026 participants, reflecting the success of national efforts to expand the industrial base and empower local enterprises.

The platform is expected to attract over 120,000 visitors, including international investors, manufacturers, decision-makers, and industry leaders from around the world.

MIITE 2026 will also feature a range of new industrial initiatives, alongside specialized platforms showcasing the latest advancements in manufacturing and industrial innovation, including robotics, autonomous systems, and AI-powered solutions. Together, these initiatives take the UAE’s industrial resilience agenda from policy to practice – securing supply, strengthening national capability, and sustaining the next phase of economic growth.